Update on agflation

I keep watching new data that will allow better assessment of food prices in the coming years. Here is some recent news:

FAO [I keep watching new data that will allow better assessment of food prices in the coming years. Here is some recent news:
FAO](http://www.fao.org/newsroom/en/news/2008/1000784/index.html) that further increase of tea prices should be expected
FAO reposts that despite expected significant increase in world cereal production prices will remain at record levels, and some will continue to rise
FAO started new world food situation portal , that covers short-term and long term food market prospects.
And here is a brief summary of few indicators showing that further increase in grain prices is possible, unless we have a very good 2008, especially for wheat
It is also worth reading a very interesting summary of food prices prospects , which cites speculation activity, rising dry cargo prices (indeed Baltic Dry index is heading North again), there is also a list of major world foodstuffs producers with dates of major crops coming.
And link to [I keep watching new data that will allow better assessment of food prices in the coming years. Here is some recent news:
FAO [I keep watching new data that will allow better assessment of food prices in the coming years. Here is some recent news:
FAO](http://www.fao.org/newsroom/en/news/2008/1000784/index.html) that further increase of tea prices should be expected
FAO reposts that despite expected significant increase in world cereal production prices will remain at record levels, and some will continue to rise
FAO started new world food situation portal , that covers short-term and long term food market prospects.
And here is a brief summary of few indicators showing that further increase in grain prices is possible, unless we have a very good 2008, especially for wheat
It is also worth reading a very interesting summary of food prices prospects , which cites speculation activity, rising dry cargo prices (indeed Baltic Dry index is heading North again), there is also a list of major world foodstuffs producers with dates of major crops coming.
And link to](http://www.ft.com/cms/s/0/d3cde844-cdb7-11dc-9e4e-000077b07658.html?nclick_check=1) predicting resource wars

And below two charts borrowed from FAO website, which describe food price trends, and few charts with futures for several foodstuffs (long term trends): pork bellies, soya, corn and rice.

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