FEED ME! FEED ME! PROFITS THAT IS
First it was oil that hit $150 per barrel for no reason whatsoever in a recession year!
The speculators are at it with food also. It's a game that's allowed with people's stomachs. Futures, commodity trading, and speculators determine what price is paid for food around the world. It has nothing to do with supply or demand but rather greed, collusion, and manipulation by those who have the purse to buy and sell in great quantity. Who profits from the price increases? Certainly not the farmer.
[Youtube] Food Pricing Manipulated
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