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background information on topics related to agricultural trade.
World market prices for agricultural commodities are at their highest level in over 10 years. As of November 2021, the price index for agricultural commodities had increased by 27.3 percent since the same month last year.
Hamburg merchants obtained the right from the “Honorable Council of the City of Hamburg” to establish a place for themselves at the bridge Trostbrücke in Hamburg’s former harbor area.
International trade helps to reduce poverty. This has been observed where countries have expanded their imports and exports in recent years and thus connected to the world market.