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Blame the wheat speculators

11-08-2010 | |
Ziggers
Dick Ziggers Former editor All About Feed
Many environmental factors can reduce agriculture productivity, but drought is by far the most damaging. It is also a great tool for speculators to disturb natural supply and demand mechanisms by trying to manipulate prices. Now Russia is facing a severe drought and global grain markets are nervous. For this year Russia will not export any cereals due to drought and fire stricken crops. The nervousness is exaggerated by daily papers saying bread would become more expensive and so would meat, m


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