June 16-18, 2011 – Venice: Interview to Prof. Brian Wright, Chair of the Department of Agricultural and Resource Economics at the University of California, Berkeley (ENG)
In the interview conducted by Alessandra Goria, FEEM Communication Officer, to Prof. Wright on the occasion of his keynote address at the 14th Annual Conference on Global Economic Analysis, 16-18 June 2011, Venice, Prof. Wright expresses his view not only on the drivers of grain price volatility but also on the trade-offs and synergies between agriculture, energy and the environment, as well as on the potential role of innovation in agriculture.
Prof. Brian Wright, Chair of the Department of Agricultural and Resource Economics at the University of California, Berkeley, challenges the common impression that the main drivers of grain prices fluctuations are related to grain production."What is important – Prof. Wright says- is that grain stocks have been driven to very low levels since biofuels have been expanded in Europe and in the USA…Biofuels have made the market more volatile" . In the interview conducted by Alessandra Goria, FEEM Communication Officer, to Prof. Wright on the occasion of his keynote address at the 14th Annual Conference on Global Economic Analysis, 16-18 June 2011, Venice, Prof. Wright expresses his view not only on the drivers of grain price volatility but also on the trade-offs and synergies between agriculture, energy and the environment, as well as on the potential role of innovation in agriculture.