Agricultural Markets and Food Price Inflation

The Federal Reserve Bank of Chicago held a conference on the economic impacts of volatile agricultural costs and food price inflation. This conference brought together experts from industry, academia and policy institutions to discuss agricultural and food policy, including their intersection with the macroeconomy through food price inflation. The goals of the conference included examining the roots of increases in agricultural prices, particularly underlying global factors; exploring the implications of these increases for the food industry; and discussing the potential implications of persistent changes in food prices on price stability at the macroeconomic level.