Blog
Presentation - Wheat Prices in 2010
8th August 2010
Here is a new streamed revision presentation that covers key changes in global wheat prices during 2010 and their economic impact. Surging wheat prices impact on producers and consumers of many different goods and services. The market is a great case study in the causes of price volatility and the inter-connected nature of markets.
*How can heavy rain in Canada and rampant fires in Russia lead to a rise in the number of sows being sent to slaughter in the UK?
*Will bread manufacturers necessary raise their prices when the world price of wheat increases?
*To what extent are speculators the cause of the steep increase in global wheat prices?
*How can wheat prices rise so quickly after two of the biggest ever grain harvests around the world?
Geoff Riley
Geoff Riley FRSA has been teaching Economics for over thirty years. He has over twenty years experience as Head of Economics at leading schools. He writes extensively and is a contributor and presenter on CPD conferences in the UK and overseas.