Brian Gardner's Blog

Archives for commodity markets

It is no surprise that a majority of EU government appear to be opposed to the European Commission’s proposal to limit the amount of food grains that may be used in biofuel production. Significantly, it was the central European member states that the recent Environment Ministers meeting demonstrated are most opposed to the Commission’s new… » read more

Posted by Brian Gardner

CONFUSION IN BERLIN

Agriculture ministers, as some wiseacre pointed out long ago, are the last people who should be allowed to make decisions on agriculture policy. The truth of this sagacious insight was once again demonstrated by the recent gathering of G20 agriculture ministers in Berlin. Much of their deliberations should have been devoted to seeking ways of… » read more

Posted by Brian Gardner

Speculators and speculation were generally regarded as one of the dark forces driving up prices during the recent ‘food price crisis’. According to some consumer and farm groups, speculation, especially by index traders, was responsible for making an already bad situation worse. As drought and depleted stocks drove up the world market in the 2006-08… » read more

Posted by Brian Gardner