FAAR - China Steps Up Zero Tolerance For Commodity 'Speculators And Hoarders'

• Over the past year of record financial stimulants and job loss, food prices have risen for 11 consecutive months, according to the Food and Agriculture Organization of the United Nations.
• This matters a lot in developing countries where food costs can account for more than 30% of household spending (compared with 10% in America, down from 17% in 1960).
• Most commodity traders are headquartered outside of North America, where bets on staples like oil, copper and corn transact far beyond the reach of national regulators.

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