Returns to Commodities Speculation

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Don’t play with food, my mom always said – but specs do.

Many financial institutions and multinational organizations view speculating on food commodities as a dangerous game and a contributor to global hunger. Despite its bruised reputation, is leaping back into the business.

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This is precisely the business that organizations such as Foodwatch and Oxfam, and even United Nations institutions such as the Conference on Trade and Development (UNCTAD), hold partially responsible for hunger in the world.

The fact is that, in recent years, an enormous market has developed for financial products used to speculate on fluctuations in food prices. Critics say that these deals drive up the prices of corn, rice, wheat and other commodities, making food unaffordable for many in the Third World.

Its’ a shame!

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One thought on “Returns to Commodities Speculation

  1. Very interesting details you have mentioned, appreciate it for putting up.

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