Moves to impose position limits on non-commercial hedgers in commodity markets mark an important step in the right direction to tackle volatility in wheat futures, says the American Bakers Association (ABA).
Next month’s meeting of the agricultural advisory committee of the Commodity Futures Trading Commission (CFTC) will give the food industry one last chance to make the case for imposing limits on the activity of index funds in the wheat futures market,...
Some regulation of commodities futures markets could be beneficial – but should stop short of tight limits or an outright ban, the Food and Agriculture Organization (FAO) has said in a new policy brief.
The Chicago Board of Trade’s wheat futures market is in danger of losing its relevance as the gap between future prices and cash prices has widened, say the authors of a new University of Illinois study.
Turmoil in the global financial markets could, ironically, offer relief to prices in the commodity exchanges, where leading confectioners lock in key raw materials for their formulations, with evidence this week suggesting a wave of non-commercial speculators...
Lower futures prices for wheat herald a shaving of input costs for bakers and millers, with the collapse of Lehman Brothers and the near-bankcruptcy of global insurer AIG arguably hitting agricultural quotations downwards.
A leading US dairy cooperative has denied any wrongdoing over
allegations that it may be involved in price fixing for some of its
products, as yet another country finds its dairy markets under
The International Cocoa Organisation (ICCO) monthly review of the
cocoa market suggests that a decline of the monthly average ICCO
daily price in April compared to the previous month could be
misleading as far as futures markets are...
The burgeoning use of cereals and other commodities to satisfy
appetite for biofuels could keep food prices high for the next
decade, says the FAO, impacting developing countries, the urban
poor, and farmers' livelihoods.