It’s always worth watching the short video investigations from The Ecologist, and Tom Levitt’s report from Mexico is no exception. The price of corn has tripled in the last couple of years, due in part to speculation in the commodities markets. The first video of two about food speculation I’, posting today – here’s the second.
- For more on what commodity markets are, try my introduction here.
- For more on how price rises affect people, try Oxfams’s report Living on a Spike.
- For more on the role of banks, see WDM’s investigation The Great Hunger Lottery.