UN debate on excessive food and commodity price volatility; call for regulating price speculation in the futures market
- TWN
- 17 April 2012
The G77 and China have alerted the UN General Assembly to the emerging trend of “massive acquisition by large investors from developed countries of farm land in developing countries”. The farm land is being bought not for food security, but for the speculative purpose of future agricultural production, which thus creates a significant added burden to food insecurity globally.
