By the year 2020 the world’s population is projected to grow by 30 percent, more urbanization, more income and more natural calamities.

Demand for food stuff under these conditions will have profound implications for the world’s agricultural production and trading systems in coming years. World market prices for agricultural produce, adjusted for inflation, are the lowest considering other products. This situation may threaten producer incomes, future food production and stocks.

Increased demand and the anticipated decrease in global food supply made us to believe that another significant price spike is imminent in the coming years.