Food prices and food insecurity are front page news. The estimates of those without enough to eat are approaching a billion people—about one out of six on the planet. While the deregulation of financial and commodity markets by themselves did not cause the current recession, the insolvency of deregulated major financial institutions and the resulting credit freeze, certainly have lead to increased unemployment, poverty and food insecurity.
Our partners in the US have released a new report on this topic which investigates excessive speculation in agriculture commodities. Find it on the ARC website here