Please read the article: https://www.cnbc.com/2017/07/06/global-food-prices-set-two-year-high-in-june-as-meat-dairy-wheat-climb.html (Links to an external site.)Links to an external site.

1) What supply factors are causing the global price of food to continually increase?

2) What factors of demand are needed to stabilize the global food prices?

3) Think of your own food consumption. Has the price of food in your area changed dramatically, stayed the same, or decreased within the last year? Has this affected your consumer behavior? Why or why not?