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As everyone else is saying, this article is spreading fear for no reason. Working with financial markets is a key technique for commodities companies and always
by javert 13y ago
As everyone else is saying, this article is spreading fear for no reason. Working with financial markets is a key technique for commodities companies and always has been, particularly to hedge. The net result is that food prices are lower and more stable.
The exception is onions. Onion futures were outlawed 50 years ago for "reasons" given in this article, and onions are more volatile than oil, which is the _most_ traded, speculated-on, and manipulated commodity.
In summary, the author of this article is calling for forcible action that would hurt peoples' lives, potentially even disrupting world food supplies.