SPECULATORS AND OUR FOOD: EIEIO!

Speculators have long messed with farmers by artificially manipulating prices on everything from corn to soybeans. But now they're pooling up billions of dollars from global investors to go after the farms themselves, as well as fertilizer plants, grain elevators, ships and barges, and other basic tools for producing, shipping, and storing our food supply. As one hedge-fund operator says; "It's going on big time. There is considerable interest in what we ... Full Story »

Posted by Naomi Isler
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Subjects: Business
Topics: Farming
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Posted by: Posted by Naomi Isler - Jul 19, 2008 - 5:36 PM PDT
Reviewed by: Naomi Isler (review)
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Edited by: David Fox - Jan 12, 2009 - 12:21 PM PST

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Naomi Isler
4.6
by Naomi Isler - Oct. 1, 2008

For years 'agribusiness' has been gaining more and more control over food production and distribution - and using practices that are not agriculturally sound. Now it seems that the situation is getting worse. This isn't the kind of issue many people pay attention to - until, like the current problems of high cost and diminishing food supply - there is a crisis. The practices described here will just bring a major crisis on sooner rather than later.

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