Deadly Greed The Role of Speculators in the Global Food Crisis

Vast amounts of money are flooding the world's commodities markets, driving up prices of staple foods like wheat and rice. Biofuels and droughts can't fully explain the recent food crisis -- hedge funds and small investors bear some responsibility for global hunger.
Von Beat Balzli und Frank Hornig
The Philippines will take delivery of 500,000 tons of rice in May to address its shortage. But the price has been bid up by speculators.

The Philippines will take delivery of 500,000 tons of rice in May to address its shortage. But the price has been bid up by speculators.

AFP