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Commodities Briefing - Categorized | Commentaries, Commodity Crisis more

Credit crisis highlights need for global trade reform

Posted on 17 December 2008

From Farmonline.com.au: World prices for agricultural commodities fell a further 2.2pc in November, according to the latest Westpac-NFF Commodity Index report, and follows on from a 1.3pc drop in October as the global economy continues its slump.

But the Westpac-National Farmers’ Federation report says agricultural commodities are still buoyant; it is the credit squeeze which is precipitating major declines in world trade. …. Full Article: Source


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