Food price inflation concerns will persist despite wheat, rice falls


FOOD-PRICE inflation concerns for policy makers are set to persist even as rice declines and wheat trades below this year’s peak, according to the United Nations, which said that importers are still paying more than a year ago. Another year of bumper wheat and rice harvests, as well as a continued surplus in corn, is…

Speculators snap up crops, as inflation fears rise


Agricultural commodities have returned to investors’ good books, amid growing fears for US crops, and concerns for world inflation which have boosted interest in many raw materials. Money managers, viewed as a proxy for speculators, raised their net long position in US-traded commodity futures and options by more than 91,000 contracts to 1.10m lots in…

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