Food speculation 'boom' linked to volatile food prices

| 13th September 2011
Food speculation
In a major investigation and film, the Ecologist takes a look at how volatile financial speculation on food commodities is causing hunger and poverty in Mexico - and around the world
 

Financial speculation has emerged as one of the lesser known factors behind the recent price surges in key foods like maize and wheat.

Investment banks have been accused of 'amplifying' price changes in food commodities through a surge in speculative trading.

The Ecologist Film Unit travelled to Mexico - one of the first countries to experience price jumps in its key commodity Maize back in 2006/7 - to find out how it has impacted people.

 

 

 

 

 

 

 

 

 

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NEWS ANALYSIS
Special report How Goldman Sachs started the food speculation frenzy
US Investment bank Goldman Sachs convinced government officials in the early 1990s to allow it to start gambling on the price of food. Alan Bjerga explains how they did it
NEWS ANALYSIS
Special report Banks should end 'secretive' trade in food commodities
Financial speculation in key commodities, like wheat and maize, is being linked to recent volatile food prices but attempts to regulate are being delayed by lobbying from the banking sector
NEWS ANALYSIS
Photo story Mexico's corn heritage eroded by free-trade and food speculation
A combination of free trade and volatile food speculation is squeezing small-scale Mexican maize farmers and allowing agribusiness to dominate
INVESTIGATION
Special report Mexico's poor suffer as food speculation fuels tortilla crisis
A surge in financial speculation on maize is causing vastly inflated prices for corn tortillas - a sacred staple in Mexico - and threatening the health and livelihoods of the country's poor. Tom Levitt investigates
COMMENT
Special report Time to ignore bankers and start fixing our broken markets
It's time we stopped listening to the banking sector and started pressuring MPs and MEPs to regulate food speculation, argues Deborah Doane

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