| From Agra-net.com: Hedge funds now control an estimated 24% of the global maize market, and 19% of the soybean market, up from 13% last year, as price rises and tighter stocks fuel speculative interest, according to data from Barclays Capital.
With growing concern that food price inflation is resulting from this speculative surge, the European Union has agreed on a directive aimed at imposing tougher rules on hedge funds, also blamed by some for exacerbating the recent credit crunch..............................................Full Article: Source
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