Saturday, February 26, 2011

Good Analysis of World Food and Commodity Prices

link here to article

The headline news on food prices paints a broad picture of rising prices. The BBC did an excellent analysis and found that the picture is a bit more complex that most imagine. Some prices have gone up and others have gone down. Prices in some countries for a commodity have gone up but not in other countries. Supply and demand changes drive most of the change in prices but speculators who bet on future prices have contributed to the swings in prices as well.

No comments:

Post a Comment