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Fig.&Table2. Real world prices of
rice, wheat, corn and soybean
(Annual since 1961, $/t) |
|
Year |
Rice |
Wheat |
Corn |
Soybeans |
U.S.
CPI |
|
1961 |
1,312.3 |
564.9 |
458.3 |
980.0 |
10.4 |
|
1962 |
1,467.6 |
617.8 |
467.5 |
883.9 |
10.4 |
|
1963 |
1,362.7 |
615.2 |
511.5 |
960.8 |
10.5 |
|
1964 |
1,294.0 |
634.7 |
513.7 |
948.2 |
10.7 |
|
1965 |
1,262.6 |
551.6 |
512.0 |
994.7 |
10.8 |
|
1966 |
1,510.9 |
573.0 |
529.0 |
1,057.2 |
11.0 |
|
1967 |
1,959.5 |
583.2 |
480.3 |
915.5 |
11.3 |
|
1968 |
1,760.4 |
540.4 |
408.6 |
835.7 |
11.6 |
|
1969 |
1,527.9 |
482.3 |
429.0 |
779.4 |
12.1 |
|
1970 |
1,119.4 |
428.5 |
456.1 |
840.2 |
12.8 |
|
1971 |
965.0 |
457.0 |
431.6 |
854.6 |
13.5 |
|
1972 |
1,063.4 |
495.2 |
395.4 |
912.7 |
14.1 |
|
1973 |
2,038.3 |
962.1 |
669.9 |
1,831.6 |
14.6 |
|
1974 |
3,503.6 |
1,162.5 |
856.5 |
1,644.5 |
15.5 |
|
1975 |
2,116.2 |
869.3 |
696.6 |
1,171.7 |
17.2 |
|
1976 |
1,356.7 |
710.2 |
599.5 |
1,156.1 |
18.7 |
|
1977 |
1,375.4 |
521.3 |
481.5 |
1,318.6 |
19.8 |
|
1978 |
1,746.9 |
606.2 |
477.6 |
1,150.0 |
21.1 |
|
1979 |
1,473.1 |
705.9 |
509.2 |
1,164.7 |
22.7 |
|
1980 |
1,625.3 |
666.0 |
495.7 |
1,172.2 |
25.3 |
|
1981 |
1,600.2 |
538.9 |
456.0 |
1,005.5 |
28.7 |
|
1982 |
861.1 |
418.9 |
345.3 |
773.0 |
31.6 |
|
1983 |
764.5 |
408.8 |
404.9 |
838.3 |
33.6 |
|
1984 |
670.6 |
404.5 |
392.1 |
813.6 |
34.7 |
|
1985 |
544.5 |
355.7 |
310.3 |
620.5 |
36.2 |
|
1986 |
497.3 |
316.1 |
233.8 |
556.4 |
37.5 |
|
1987 |
562.5 |
293.8 |
198.4 |
565.5 |
38.2 |
|
1988 |
701.7 |
355.9 |
270.3 |
767.5 |
39.5 |
|
1989 |
726.5 |
391.6 |
270.8 |
667.8 |
41.2 |
|
1990 |
627.5 |
299.1 |
253.2 |
571.7 |
43.2 |
|
1991 |
644.6 |
277.2 |
236.1 |
526.6 |
45.5 |
|
1992 |
565.7 |
306.1 |
219.9 |
496.7 |
47.4 |
|
1993 |
482.0 |
276.0 |
209.0 |
522.3 |
48.8 |
|
1994 |
532.0 |
275.5 |
213.8 |
500.7 |
50.3 |
|
1995 |
622.2 |
324.4 |
239.4 |
502.5 |
51.6 |
|
1996 |
638.8 |
353.3 |
312.6 |
574.6 |
53.0 |
|
1997 |
555.7 |
263.0 |
214.4 |
540.9 |
54.6 |
|
1998 |
544.4 |
199.6 |
182.5 |
435.4 |
55.9 |
|
1999 |
437.8 |
169.7 |
159.0 |
355.4 |
56.7 |
|
2000 |
349.0 |
170.6 |
152.7 |
365.3 |
58.0 |
|
2001 |
288.3 |
179.7 |
149.5 |
326.7 |
59.9 |
|
2002 |
311.2 |
210.8 |
161.0 |
345.0 |
61.6 |
|
2003 |
315.6 |
221.3 |
168.3 |
421.6 |
62.6 |
|
2004 |
371.1 |
225.5 |
174.6 |
478.5 |
64.0 |
|
2005 |
435.4 |
206.4 |
150.1 |
417.7 |
65.8 |
|
2006 |
448.5 |
233.8 |
179.2 |
395.2 |
68.0 |
|
2007 |
465.2 |
340.0 |
233.2 |
545.9 |
70.2 |
|
2008 |
900.9 |
376.2 |
309.1 |
723.1 |
72.2 |
|
2009 |
740.5 |
248.1 |
220.8 |
565.2 |
74.9 |
|
2010 |
654.7 |
307.6 |
249.0 |
598.7 |
74.7 |
|
2011 |
712.1 |
374.9 |
382.5 |
704.9 |
76.3 |
|
2012 |
722.9 |
379.3 |
383.2 |
764.7 |
77.9 |
|
2013 |
636.2 |
348.0 |
326.2 |
693.4 |
79.5 |
|
2014 |
520.7 |
302.0 |
237.5 |
597.1 |
81.2 |
|
2015 |
465.5 |
248.9 |
204.7 |
472.9 |
82.9 |
|
2016 |
467.8 |
208.2 |
188.0 |
478.8 |
84.7 |
|
2017 |
461.3 |
206.1 |
178.7 |
454.9 |
86.5 |
|
2018 |
476.4 |
230.9 |
186.2 |
446.7 |
88.3 |
|
2019 |
463.6 |
234.3 |
188.6 |
409.2 |
90.2 |
|
2020 |
539.5 |
247.3 |
179.7 |
441.6 |
92.1 |
|
2021 |
487.3 |
299.5 |
276.0 |
620.0 |
94.0 |
|
2022 |
454.9 |
397.8 |
332.0 |
703.4 |
96.0 |
|
2023 |
564.9 |
263.0 |
257.7 |
610.0 |
98.0 |
|
2024 |
580.3 |
317.3 |
239.1 |
585.3 |
100.0 |
|
Year |
Rice |
Wheat |
Corn |
Soybeans |
U.S. CPI |
|
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Source: |
http://www.worldbank.org/en/research/commodity-markets |
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Note: The annual price
data are simple averages based on the monthly data for each year. |
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