16.03.2009 - Speculation, market reaction responsible for high food prices

From Business-standard.com: Holding speculative investments in food and the market overreaction largely responsible for the recent phase of high food prices, a global food policy think tank has mooted a two-pronged strategy to avert recurrence of such situations in future. The proposed strategy involves creation of a small physical stock of food and putting in place a mechanism for market intelligence-based intervention in food markets to discourage speculation..... Full Article: Source

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