Reuters — The U.S. Commodity Futures Trading Commission on Wednesday charged Kraft Foods Group and Mondelez International with manipulation of prices of wheat used in products such as Oreo and Chips Ahoy cookies. The regulator alleged that Kraft and Mondelez bought $90 million of wheat futures, or a six-month supply, but never intended to take […] Read more
U.S. CFTC sues Kraft, Mondelez over alleged wheat price manipulation
U.S. regulator revives plan to limit excessive commodity bets
The U.S. derivatives regulator on Tuesday reintroduced a plan to curb commodity market speculation, reviving a crucial Wall Street reform after a judge knocked down an earlier version of its rules on position limits. The Commodity Futures Trading Commission proposal will set caps on the number of contracts that a single trader can hold in […] Read more
Cyber-Savvy Farmer
