"Hunger-makers" is the term critics use for speculators who trade with foodstuffs. These traders have a bad reputation. But the tradition of making business with raw materials goes back a long time.
The commodity futures exchange New York Mercantile Exchange (NYMEX) resembles a fortress sitting on the southern tip of Manhattan. On the trading floor behind an unimpressive beige-colored façade, dealers trade with cotton and crude oil, and with foodstuffs like coffee, cocoa, or sugar. But these are difficult times for NYMEX. Speculating with foodstuffs has fallen into disrepute over the last years. Gambling with commodities is unethical, say critics. They call banks and funds that speculate with prices for foodstuffs "hunger-makers".
See full Article: http://www.dw.de/is-speculation-behind-volatile-food-prices/a-16740268
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