Presentation for FES/Global Policy Forum on The Right to Food:
How Can the UN Respond to the Global Food Crisis?

By Henk-Jan Brinkman

1. Introduction

. Volatility
. Higher, remain higher
. Factors:

. Demand: emerging markets (changing consumption patterns), biofuels

. Supply shocks, mostly weather-related leading to low stocks leading to volatility

. Oil price:

. Old: whole value chain (fertilizer, mechanisation, transport);

. New: output prices

. Institutional investment

. Export restrictions