Supply and Demand, Not Speculators, to Blame for High Food Prices
I arrived in Paris yesterday to speak at an OECD-sponsored workshop. Before I left, I read this timely Wall Street Journal article discussing who may be to blame for high global food prices, and what...
View ArticlePalm Oil and Economic Growth in Asia
Last week a group of CME Group staff attended the annual Palm and Lauric Oils Conference & Exhibition Price Outlook (POC) conference hosted by our partner exchange, Bursa Malaysia Derivatives...
View ArticleToday’s Number: The Drought’s Reach
The severity of this year’s drought in the United States can be reflected in all sorts of data. One of the more alarming statistics gives you a sense of its geographic reach: 88 percent of the...
View ArticleInfographic: The Facts Behind Food Prices
Click to view a full size infographic. Roughly half of the United States – 1,584 counties in 32 states – is currently considered a drought disaster area. That’s contributed to a rise over the last...
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