Speculation on Agricultural Commodities: A Brief Overview

29 Pages Posted: 1 Oct 2013

See all articles by Ingo Pies

Ingo Pies

Martin-Luther-University Halle-Wittenberg

Sören Prehn

Leibniz Institute of Agricultural Development in Transition Economies (IAMO)

Thomas Glauben

University of Kiel

Matthias Georg Will

Martin Luther University of Halle-Wittenberg - Faculty of Economics and Business Administration

Date Written: September 29, 2013

Abstract

This short essay on financial speculation with agricultural commodities offers (1) a survey of the real economy factors that caused recent hunger crises, (2) an overview of academic research on the impact of index-based financial speculation on agricultural futures markets, and (3) a discussion of political measures that are appropriate for im-proving global food security. The arguments are supported by numerous graphs.

Keywords: speculation, futures market, hunger, food security, index funds

JEL Classification: D84, G12, G13, G14, Q13, Q18

Suggested Citation

Pies, Ingo and Prehn, Sören and Glauben, Thomas and Will, Matthias Georg, Speculation on Agricultural Commodities: A Brief Overview (September 29, 2013). Available at SSRN: https://ssrn.com/abstract=2333087 or http://dx.doi.org/10.2139/ssrn.2333087

Ingo Pies

Martin-Luther-University Halle-Wittenberg ( email )

Grosse Steinstrasse 73
Halle/Saale, DE Saxony-Anhalt 06108
Germany
+49 0 345 55 23420 (Phone)

HOME PAGE: http://ethik.wiwi.uni-halle.de/2166_199920/2166_199912/

Sören Prehn

Leibniz Institute of Agricultural Development in Transition Economies (IAMO) ( email )

Theodor-Lieser-Str.2
Halle, 06120
Germany

Thomas Glauben

University of Kiel ( email )

Department of Food Economics & Consumption Studies
D-24098 Kiel
Germany
+49 431 880-7372 (Phone)
+49 431 880-7308 (Fax)

Matthias Georg Will (Contact Author)

Martin Luther University of Halle-Wittenberg - Faculty of Economics and Business Administration ( email )

Germany

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