A new FAC Working Paper, Food price volatility and financial speculation (pdf), looks at the link between different forms of speculation on financial markets, and unstable or inaccurate food prices.

In a post on the FAC blog, the paper’s author, Stephen Spratt, suggests that despite the existence of financial mechanisms to stabilise prices, speculation should still be a cause for concern.

Blog: Why we should worry about speculation in food markets by Stephen Spratt, 23 January 2013

(Photo: Village produce market from worldbank’s photostream on Flickr)