Why are global food prices rising, and what does it mean for emerging markets?OBGplus
– Global food prices have risen to 10-year highs, according to the UN – Despite increased production, the cereal stocks-to-use ratio is decreasing – Emerging markets are among the most vulnerabletosupply chain disruptions and shortages – Many see boosting local capacity and innovation as the solution Despite an increase in crop production and international trade following…