The Puzzle of Recent Grain Price Behavior

At the April 2015 J.P. Morgan Center for Commodities’ (JPMCC’s) Research Council meeting, Professor Brian Wright, University of California, Berkeley, discussed the puzzling behavior of grain prices during the last 10 years. Mr. Peter McCallum, Bunge Limited, moderated the session while Professor Colin Carter, University of California, Davis, and Ms. Nancy DeVore, DHF Team, LLC, discussed Wright’s research from both academic and practitioner perspectives, respectively.