date:Jul 09, 2012
While there has been much analysis of food price volatility, including at FAO, more understanding is still needed, especially concerning the impacts of speculation, Graziano da Silva said as he opened the event.
Let's make one thing clear: We are not talking about speculation related to price discovery and the normal functioning of the futures markets. We are talking about excessive speculation in derivative markets, which can increase price swings and their speed, he added.
Excessive food pri