Speculative markets also blamed for high food prices

Updated April 30, 2008 20:21:44

Shrinking harvests, poor farming practices and the sinking U-S dollar have all been blamed for the global food crisis. Now another culprit has been added to the list with speculative trading on the futures market blamed for pushing up prices.

Presenter: Joanna McCarthy
Speaker: Regional economist Robert Broadfoot, managing director of Political and Economic Risk Consultancy Ltd, Hong Kong; National Secretary of the Indian Communist Party, D Raja.