Quotes About Commodity markets

A 2009 World Bank report on Arab food security warned, "Arab countries are very vulnerable to fluctuations in international commodity markets because they are heavily dependent on imported food. Arab countries are the largest importers of cereal in the world. Most import at least 50 percent of the food calories they consume."13

Today, there are also buyers and sellers of all these energy commodities, just like there are buyers and sellers of food commodities and many other commodities.

Just being able to trade financial commodities is a serious limitation because financial commodities represent only a tiny fraction of the reality of the real commodity exposure picture. We need to be active in the underlying physical commodity markets in order to understand and make prices.

Three conditions are necessary for a slave society: private, concentrated landownership, sufficient development of commodity production and markets, and unavailability of an internal labor supply.