Image:GlobalTrade wheat coarse grain soy 2008 usda.png|thumb|right|Chart of global trade volume in wheat, coarse grain and soybeans 1990 to 2008, and projected to 2016. United States Department of Agriculture, 2008.
Image:Stocks to use ag Indicators market 1977 2007.png|thumb|right|Chart of the United States stock to use ratio of soybeans, maize and wheat, from 1977 to 2007, and projected to 2016. United States Department of Agriculture, September 2007.
The years
2007–2008 saw dramatic increases in world food prices, creating a
global crisis and causing political and economical instability and social unrest in both poor and developed nations.
Systemic causes for the worldwide increases in food prices continue to be the subject of debate. Initial causes of the late 2006 price spikes included droughts in grain-producing nations and
rising oil prices. Oil price increases also caused general escalations the costs of fertilizers, food transportation, and
industrial agriculture.
Root causes may be the increasing use of
biofuels in
developed countries (see also
food vs fuel), and an increasing demand for a more varied diet across the expanding middle-class populations of Asia. These factors, coupled with falling world-food stockpiles all contributed to the worldwide rise in food prices.
Causes not commonly attributed by mainstream views include structural changes in trade and agricultural production, agricultural price supports and subsidies in developed nations, diversions of food commodities to high input foods and fuel, commodity market speculation, and
climate change.
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