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Michael Masters

Farm Ministers Call for Commodity Market Regulation

Farm ministers from the G20 group of leading and emerging economies wrapped up their first-ever meeting this week with a call for better regulation of the global commodity markets.

French leaders in particular have blamed financial speculators for contributing to this year's rise in food prices and the unrest they have triggered in the Middle East, Africa and elsewhere.

But while experts agree commodity speculation has grown sharply in recent years, they do not agree how much blame it deserves for today's high and volatile food prices.

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