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Worried about increasing prices, short supplies, and political unrest, developing countries are...

Worried about increasing prices, short supplies, and political unrest, developing countries are stockpiling staples. Wheat touches a new 29 month high after Algeria and Saudi Arabia announce extraordinary purchases. Indonesia, which usually buys rice 200K tons at a time, tenders for 800K. JJA +0.4%.
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Comments (1)
  • youngman442002
    , contributor
    Comments (5131) | Send Message
     
    hording.....what a joke.....probably half will rot...food wars..someone wrote a book about this I think....what about Haiti...they have no money to buy..who is going to supply them...
    27 Jan 2011, 04:10 PM Reply Like
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