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Food prices have a large impact on many peoples daily lives, especially in developing countries where some peoples survival is a daily fight against hunger. Food price levels, volatility and extreme price spikes impact especially the population in countries where a large share of income is spent on food and earned from farming, which is the case in many African and other low-income countries. The worst market effects of a poor harvest caused by extreme weather events, floods, droughts, fires or other natural disasters can be eased through international trade, yet governments routinely...