Wednesday, January 13, 2010

Food Prices Rising - Again

2 years after the food price crisis of 2008, the FAO is again warning that food prices are rising. They have done so steadily over the last 5 months. Concidentally, the US dollar has gone down, and oil has gone up.
Goldman Sachs is a huge player and has 12% of the corn futures market.

Food prices:

Commodities prices:

Food indeces:

We track all commodity ETFs live here.

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