NZ dairy futures taking shape

The New Zealand Herald has a story about how the first global dairy futures market being established by the New Zealand Stock Exchange (NZX) will cement the country’s position as a leader in the industry. However, there is concern that some dairy farmers won’t be financially literate enough to use or understand how the markets work. There [...]

Senate probe finds excessive speculation in wheat markets

A story by Reuters about a U.S. Senate report finding excessive speculation in wheat markets: Commodity index traders had snapped up more than 200,000 wheat contracts by mid-2008 that helped fuel last year’s record jump in prices, which ended up raising costs for both industry and consumers, according to a  year-long bipartisan Senate probe. The [...]