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Commodities Briefing - Categorized | Agriculture, Market Moves, Trading more

Barclays to exit crop trading biz?

Posted on 30 November 2012

Barclays Plc. is contemplating a retreat from trading in agriculture commodities, according to a Reuters report. The move comes as the company gears up for a strategic revamp of its overall business as well as to avoid any threat to its reputation.
Notably, trading in agricultural commodities has received much criticism in the recent years as the speculation activity has been blamed for a shoot up of prices. This has had severe consequences in the undeveloped countries, leading politicians as well as common people to raise their voices in protest………………………………………..Full Article: Source


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