http://bit.ly/mK0QOv There is finally starting to be a recognition of the great harm being done by the continued, and growing speculation by the commodity markets of the basic food stuffs grown, often by the poorest people in the World. Farmers are finding it almost impossible to make a sustainable living or plan for the future when prices for what they are grow rollercoaster due to constant trading on commodity markets by traders with no interest in the produce itself, other than how much profit they can make before selling it on. We need to get back to valuing food crops for what they are – something we want to buy to eat; and something that is often grown (in the case of coffee, tea, nuts, and so on) by people who depend on it for their livelihoods.
Growing critical voices against food commodity market speculation
This entry was written by Ian Agnew, posted on 29/06/2011 at 11:09 am, filed under Farmer Extension Programme, Latest News and tagged Africa, African farmers, agriculture, coffee, coffee trade, commodity markets, Commodity Trade, Ethiopia, food speculation, global food prices, Lorna Young Foundation, LYF, smallholder, smallholders, trade justice, Trade not Aid. Bookmark the permalink. Follow any comments here with the RSS feed for this post. Post a comment or leave a trackback: Trackback URL.