TTM Speculative Activity Actually Decreased on the NYMEX [View article]
If they REALLY want to do something about food prices, they would kill the ethanol subsidies. Then maybe the USA can stop using 30% of its crop to make 3% of its fuel.
There's no political motivation to kill these subsidies though because, as one insightful article said, "US farmers vote - (people in third world countries who can no longer afford food) dont"
TTM Speculative Activity Actually Decreased on the NYMEX [View article]
If you make margin 100* and make people take delivery, you will force a heck of a lot of liquidity out of the market. That might actually increase volatility.
TTM Speculative Activity Actually Decreased on the NYMEX [View article]
There's no political motivation to kill these subsidies though because, as one insightful article said, "US farmers vote - (people in third world countries who can no longer afford food) dont"
TTM Speculative Activity Actually Decreased on the NYMEX [View article]