bnarchives | This paper outlines the contours of a new research agenda for the
analysis of food price crises. By weaving together a detailed
quantitative examination of changes in corporate profit shares with a
qualitative appraisal of the restructuring in business control over the
organisation of society and nature, the paper points to the rapid
ascendance of a new power configuration in the global political economy
of food: the Agro-Trader nexus. The agribusiness and grain trader firms
that belong to the Agro-Trader nexus have not been mere 'price takers',
instead they have actively contributed to the inflationary restructuring
of the world food system by championing and facilitating the rapid
expansion of the first-generation biofuels sector. As a key driver of
agricultural commodity price rises, the biofuels boom has raised the
Agro-Trader nexus’s differential profits and it has at the same time
deepened global hunger. These findings suggest that food price inflation
is a mechanism of redistribution.
. (2013). The Attitude, WNHN 94.7 FM. 1 May. (Interview; English).
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