HARDtalk: Are speculators responsible for high food prices?
Loading...
Uploaded by TheRightToFood on Mar 7, 2011
Zeinab Badawi asks Olivier De Schutter, the UN Special Rapporteur on the Right to Food, and Terry Duffy, the head of the world's largest derivatives exchange, what is fuelling the food price increases and how far speculators are to blame.
A recent study of the UN Special Rapporteur shows that a significant portion of the increases in price and volatility of essential food commodities can only be explained by the emergence of a speculative bubble. In particular, there is a reason to believe that a significant role is played by the entry into markets for derivatives based on food commodities of large, powerful institutional investors such as hedge funds, pension funds and investment banks, all of which are generally unconcerned with agricultural market fundamentals.
HARDtalk was aired on BBC World, 14 February 2011.
- 4 likes, 1 dislikes
-
- 24:21
Sarah Shourd on Hardtalkby PeoplesInfoNetwork1,798 views
- 22:30
Interview Olivier De Schutterby www11be917 views
- 9:09
Western Growersby westerngrowersassoc393 views
- 6:51
Dambisa Moyo & Alison Evans 3by DisposableName1,401 views
- 10:02
Fascist Exposed - Ayaan Hirsi Ali on HARDtalk [BBC]by faris71040,593 views
- 6:53
BBC Hard Talk with Erik Solheim Part-1by eelamsong2,294 views
- 10:46
UKIP Nigel Farage - BBC Hard talk interview 2010 - Part 1 of 3by ukipmedia19,929 views
- 14:56
Hugo Chávez Interview & Venezuela Review 1 of 2 - BBC HardTalk Special Reportby RuniTravel5,583 views
- 5:37
Jim Rogers - Bernanke is an Idiotby thejimrogersblog1,275 views
- 11:08
Olivier De Schutter, UN Special Rapporteur on the Right to Foodby sfaffilc180 views
- 4:08
HardTalk: Morgan Spurlock 1by bbcworldnews11,280 views
- 2:50
The Dollar Collapse - Skyrocketing Food Prices - Raymond St Clairby RaymondoStClair938 views
- 24:43
David Keith on the BBC HARDtalk Show Geo-Engineering Stephen Sackurby MartinHDJ862 views
- 23:33
HARDtalk with Dr Imran Waheedby neocarvi53,176 views
- 4:19
subprime derivatives explainedby ericbs52471,004 views
- 3:29
BBC News Hardtalk Jimmie Akesson Swedish immigration is 'extreme'by jojjema18,397 views
- 2:29
World Food Program story from BBC Newsworldby VibesTube421 views
- 5:36
What is an oil speculator?by EconMilitia577 views
- 9:55
Calculus - Derivatives 1 (of 11) - Graphby TheMrHandyMan7,734 views
- 7:18
Food Speculationby WEEDnetz10,160 views
CME group TERRY is lying through his teeth. Speculation violates logic and nature.
JennaSmith987 1 month ago
can someone please tell me more about terry duffy, cme group and food speculation? thx :)
hahhahhhahhhha 5 months ago
There is no doubt that speculators can have an impact on food prices in the short term, but I agree with Terry's argument that not only are these moves a reaction to fundamentals (or in anticipation of real market conditions) but also that the producers who are trying to limit their risk on futures markets will not be in favour of eliminating the speculator out of the markets. These "evil" speculators provide market liquidity to absorb the large orders from commercial entities at fair prices!
Vladd7 11 months ago