Global Biofuels: Key to the Puzzle of Grain Market Behavior

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Global Oil Prices and Local Food Prices: Evidence from East Africa (2016, unknown): “Using different, US price series, Zhang et al. (2009) and Serra et al.”
An Overview of Global Wheat Market Fundamentals in an Era of Climate Concerns (2017, background): “Wright [40] found the impact of biofuel mandates and associated policies to have been of particular importance in driving commodity prices in recent years.”
Teleconnected food supply shocks (2016, background): “Biofuel policies are considered to have contributed to price increases of several food crops in 2007/08 (Wright 2014).”
Do Oil Price Increases Cause Higher Food Prices (2014, unknown): “For example, Wright (2014), when explaining how increased demand for biofuels raised grain crop prices after 2005 notwithstanding increased production, emphasizes the substitution of biofuels for petroleum based fuels together with the substitution in food consumption and animal feed between wheat…”
The political economy of food systems reform (2017, background): “…oil prices and speculation on the derivatives market of agricultural commodities, both stimulating, and stimulated by, policies in rich countries supporting the increased use of grain and oilseed for biofuels production (Wright, 2011, 2014), LDCs discovered that they were caught in a vicious cycle.”