Food Price Inflation in Pretty Pictures

The BBC have a handy guide to food price inflation with lots of pretty pictures like this one:
price increases
and, most interesting, this one:
world map with food exporting countries marked

It’s a nice way of seeing that, between them, Argentina and Kazakhstan export nearly a fifth of the world’s grain. But despite being market players, they’re very far from being market makers. That’s a role that the US and EU guard very jealously. And it’s one that we can expect to see come under some pressure, as China and India flex their power…