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Commodities Briefing - Categorized | Agriculture, Market Moves more

Swiss party wants to ban agricultural commodity speculation

Posted on 02 October 2012

A Swiss political party is seeking to drum up support for a national vote to ban banks and other financial institutions from speculating in agricultural commodities, in the latest sign of growing political backlash against record food prices.
The exact size of investment in agricultural commodities from Switzerland is unclear, although it hosts banks UBS and Credit Suisse which both invest in the sector through either index funds or exchange traded funds. It is also home to multinational commodity firms such as Glencore and Cargill………………………………………..Full Article: Source


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