What causes sudden increases in commodity costs, and can we stop them in the future? Theresa Meacham introduces a Global Food Security publication.
‘Banks making millions out of starving millions through food speculation’ was the headline in the Metro following the food price spikes back in 2012. Prior to this, the Telegraph was also asking ‘Should food be a protected commodity?’ following the 2007/08 price spike and 2010 price rises.
But how much can we blame bankers (or food commodity traders) for causing the food price spikes? And will there be more food price spikes in the future?
Continue reading An Insight on food price spikes