I ran across an excellent article that used this graphic to expose the erroneous myth that speculators in the futures markets are causing higher prices. If I can remember where I found it, I will post the link here.There was also a good article on Marketwatch.com within the past 24 hours also. Yesterday, Bart Chilton, the Commissioner of the CFTC, testified before Congress that the rise in food prices is not due to speculation interests like hedge funds and traders. He presented factual data gathered by the CFTC to prove his point.
