Food Speculators Hedge Their Bets

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Since 2008, financial speculation in the international food trade has played a major part in a volatile food price market, according to aid organizations like the World Food Programme and Oxfam International. But poor families in developing countries can spend up to 70 percent of their incomes on food, making even the smallest rise in the price of staple crops difficult to bear.

Image Credit: New Internationalist Magazine

To read more about the international food price market, the financiers who pull the strings, and the populations that are most affected, check out Hazel Healy’s report in this month’s New Internationalist magazine.

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