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Hunger remain a serious problem for all around the world and too many people around the world in need of food. Furthermore, these days, the increasing of the food price is global issue which led to global food crisis. Also Turkey affected by rising world food prices and internal dynamic. In this paper the researchers examine the long-term relationship between Oil Price and Exchange Rate on Agricultural Commodity Prices (Wheat, Barley, Oat, rye and Corn). Evidence from Turkey. This examination is based upon the data set covering the yearly period of 1969 to 2019. By using time series analysis the empirical results show that Oil Price and Exchange Rate affected Agricultural Commodity Prices positively. Increases in the exchange rate and the rise in oil prices lead to an increase in costs, which leads to an upward pressure on product prices, leading to an increase in prices. |
