Strong economic growth in emerging economies is a critical determinant in the rise in food prices. Demand is also rising for feed grain in emerging countries as the consumption of meat increases with rising income levels.
source: Bank of Japan
Tuesday, May 3, 2011
Global Grain Consumption in the Developed vs. Developing Nations
Strong economic growth in emerging economies is a critical determinant in the rise in food prices. Demand is also rising for feed grain in emerging countries as the consumption of meat increases with rising income levels.
source: Bank of Japan