Food campaign news
New videos about food speculation
Jessica Radford, used to be campaigns and policy intern
The influx of financial participation in the commodity markets has played a key role in causing price rises and volatility. Prices are increasingly affected by the financial markets, rather than the needs of the consumers and farmers.
As you know we are campaigning to stop banks from betting on food and consequently forcing people into poverty and hunger. The food campaign is calling for regulation, which includes restrictions to be put on speculators preventing excessive betting on food prices and futures contracts to be traded on an open exchange with the banks required to provide more information on their activities.
The Ecologist recently went to Mexico, where they spoke to people about the price of maize tripling in a short time. This is the video they produced.
To pressure the government to support regulation of food speculation, take action here.