Regulators of the nation’s commodity markets on Tuesday announced steps to demand more information about investors to determine whether they are evading market limits on speculation and artificially driving up world food prices.
The regulatory agency, the Commodity Futures Trading Commission, said it was also initiating talks with bank regulators to ensure that adequate credit was available for the farm economy.
In addition, the commission is strengthening a program aimed at lowering the cost for farmers of hedging crop prices, which has grown more expensive with the increasing volatility in the markets, according to a statement released Tuesday afternoon.
See full Article.
Posts
