Date: September, 2007
Abstract: Fundamental changes in the global soft commodity market, from one driven by supply considerations to now being shaped by demand, have resulted in market uncertainty. This has been caused largely by the rapid growth of the biofuel industry, particularly bioethanol, as well as the impact of rising global income levels on the demand for food and feeds. While the industry copes with this structural transformation, investments by new players entering the commodity markets are further fostering price ...
Research Type: Industry Note