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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 |
1,276.0 |
549.2 |
445.6 |
952.9 |
10.7 |
|
1962 |
1,427.0 |
600.7 |
454.5 |
859.5 |
10.7 |
|
1963 |
1,325.0 |
598.2 |
497.4 |
934.2 |
10.8 |
|
1964 |
1,258.2 |
617.2 |
499.5 |
922.0 |
11.0 |
|
1965 |
1,227.7 |
536.3 |
497.8 |
967.2 |
11.1 |
|
1966 |
1,469.1 |
557.2 |
514.4 |
1,027.9 |
11.3 |
|
1967 |
1,905.4 |
567.0 |
467.0 |
890.2 |
11.6 |
|
1968 |
1,711.7 |
525.5 |
397.3 |
812.6 |
12.0 |
|
1969 |
1,485.6 |
468.9 |
417.1 |
757.9 |
12.5 |
|
1970 |
1,088.4 |
416.7 |
443.5 |
817.0 |
13.1 |
|
1971 |
938.3 |
444.4 |
419.7 |
830.9 |
13.9 |
|
1972 |
1,034.0 |
481.5 |
384.4 |
887.4 |
14.5 |
|
1973 |
1,982.0 |
935.5 |
651.4 |
1,780.9 |
15.0 |
|
1974 |
3,406.8 |
1,130.4 |
832.8 |
1,599.1 |
15.9 |
|
1975 |
2,057.7 |
845.2 |
677.4 |
1,139.3 |
17.6 |
|
1976 |
1,319.2 |
690.6 |
582.9 |
1,124.1 |
19.3 |
|
1977 |
1,337.4 |
506.9 |
468.2 |
1,282.1 |
20.4 |
|
1978 |
1,698.6 |
589.4 |
464.4 |
1,118.2 |
21.7 |
|
1979 |
1,432.4 |
686.3 |
495.2 |
1,132.5 |
23.3 |
|
1980 |
1,580.4 |
647.6 |
482.0 |
1,139.8 |
26.0 |
|
1981 |
1,556.0 |
524.1 |
443.3 |
977.7 |
29.5 |
|
1982 |
837.3 |
407.3 |
335.8 |
751.7 |
32.5 |
|
1983 |
743.4 |
397.5 |
393.7 |
815.1 |
34.5 |
|
1984 |
652.1 |
393.3 |
381.3 |
791.1 |
35.7 |
|
1985 |
529.4 |
345.9 |
301.7 |
603.3 |
37.2 |
|
1986 |
483.5 |
307.3 |
227.3 |
541.1 |
38.5 |
|
1987 |
547.0 |
285.7 |
192.9 |
549.9 |
39.2 |
|
1988 |
682.3 |
346.0 |
262.8 |
746.3 |
40.7 |
|
1989 |
706.4 |
380.8 |
263.3 |
649.3 |
42.4 |
|
1990 |
610.2 |
290.8 |
246.2 |
555.9 |
44.4 |
|
1991 |
626.8 |
269.5 |
229.6 |
512.0 |
46.8 |
|
1992 |
550.1 |
297.7 |
213.8 |
483.0 |
48.8 |
|
1993 |
468.7 |
268.3 |
203.3 |
507.9 |
50.2 |
|
1994 |
517.3 |
267.8 |
207.9 |
486.8 |
51.7 |
|
1995 |
605.0 |
315.4 |
232.8 |
488.7 |
53.1 |
|
1996 |
621.1 |
343.5 |
303.9 |
558.7 |
54.6 |
|
1997 |
540.4 |
255.7 |
208.5 |
525.9 |
56.2 |
|
1998 |
529.4 |
194.1 |
177.5 |
423.4 |
57.5 |
|
1999 |
425.7 |
165.0 |
154.6 |
345.6 |
58.4 |
|
2000 |
339.4 |
165.8 |
148.4 |
355.2 |
59.6 |
|
2001 |
280.4 |
174.7 |
145.4 |
317.7 |
61.6 |
|
2002 |
302.6 |
205.0 |
156.6 |
335.4 |
63.4 |
|
2003 |
306.8 |
215.2 |
163.6 |
409.9 |
64.4 |
|
2004 |
360.8 |
219.3 |
169.7 |
465.3 |
65.9 |
|
2005 |
423.3 |
200.7 |
145.9 |
406.2 |
67.6 |
|
2006 |
436.1 |
227.4 |
174.3 |
384.2 |
69.9 |
|
2007 |
452.3 |
330.6 |
226.8 |
530.8 |
72.2 |
|
2008 |
876.0 |
365.8 |
300.6 |
703.1 |
74.2 |
|
2009 |
720.1 |
241.3 |
214.7 |
549.6 |
77.1 |
|
2010 |
636.6 |
299.0 |
242.1 |
582.1 |
76.8 |
|
2011 |
692.4 |
364.6 |
371.9 |
685.4 |
78.4 |
|
2012 |
703.0 |
368.8 |
372.6 |
743.6 |
80.1 |
|
2013 |
618.6 |
338.4 |
317.2 |
674.2 |
81.8 |
|
2014 |
506.3 |
293.6 |
231.0 |
580.6 |
83.5 |
|
2015 |
452.6 |
242.0 |
199.0 |
459.8 |
85.3 |
|
2016 |
454.9 |
202.4 |
182.8 |
465.6 |
87.1 |
|
2017 |
448.6 |
200.4 |
173.8 |
442.3 |
88.9 |
|
2018 |
463.2 |
224.5 |
181.0 |
434.3 |
90.8 |
|
2019 |
450.7 |
227.8 |
183.4 |
397.9 |
92.7 |
|
2020 |
524.6 |
240.5 |
174.7 |
429.4 |
94.7 |
|
2021 |
473.9 |
291.3 |
268.4 |
602.9 |
96.7 |
|
2022 |
442.3 |
386.8 |
322.8 |
684.0 |
98.7 |
|
2023 |
496.5 |
291.2 |
293.6 |
630.3 |
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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