Agricultural commodity prices have soared, with the supply of many soft commodities struggling to keep up with growth in demand, particularly from Asia. This dynamic has resulted in headlines of rice shortages across the region and concerns about high foodstuff prices potentially causing civil unrest in some developing economies.
Wheat futures on the Chicago Board of Trade (Cbot), for example, rose from slightly below $5.50 a bushel in January 2007 to more than $8.50/bushel by the end of the year
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