According to estimates by the Commodity Futures Trading Commission (CFTC), about $15 billion was invested in commodity i...
Nor are we alleging that index investors caused high cash commodity prices or that they are somehow responsible for more...
I believe that the data and analysis that they have presented make another compelling case that excessive speculation ha...
I have introduced the Commodity Speculation Reform Act.
It is harder to hedge risk today than it was 10 years ago.
Ultimately, it is the American consumer who will bear the burden of these increased costs.
Our report concludes that the increase in the number of futures contracts from 30,000 contracts in 2004 to 220,000 contr...
All right. Again, I would say that in their prepared statement, prior to being approved by CME, they say all index trade...
I do not believe we are alleging any wrongdoing on the part of index investors or anyone else.
Our investigation did, however, reveal that an abundance of long open interest helped to inflate futures prices.
So my point is that the working of these markets have real-life consequences.
As the Ranking Member of the Appropriations Subcommittee for Financial Services, I joined with Chairman Durbin to increa...
Farming is risky business. It is a notoriously thin margin the people in the food industry have.
The Subcommittee's report on excessive speculation in the wheat market is a very important contribution.
The continued lack of convergence in important segments of the wheat market has significantly diminished the usefulness ...
Hedging in the futures markets only works to the extent that the price of the commodity in the cash market and the price...
As to the issue of price convergence, a competing theory which has been offered for why there is a lack of price converg...
Do you believe that the dramatic increase in commodity indexed trading and the futures which are purchased to hedge agai...
