Baffes, John; Cosic, Damir - Economics Research, World Bank Group
), and metals (-5.5 percent). Crude oil prices (World Bank average), which have been remarkably stable during the past three … years, averaged $104/barrel (bbl) during 2013, marginally lower than the $105/bbl average of 2012. Most non-energy commodity … prices, notably grains, followed a downward path during 2013. Other risks for agricultural markets are mostly on the downside …