Excessive Speculation in the Wheat Market
http://levin.senate.gov/newsroom/supporting/2009/PSI.WheatSpeculation.062409.pdf
Examines in detail how commodity index traders manipulated the price of wheat contracts traded on the Chicago Mercantile Exchange. Finds that there is persuasive evidence to conclude that these index traders were one of the major causes for differences between the price of wheat futures contracts and the price of wheat in the cash market. From the Senate Committee on Homeland Security and Governmental Affairs.
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