But the volatility in the basis has had an effect on you.
For more than five years now, this Subcommittee has been taking a hard look at how our commodity markets function.
Our report, which was issued by myself and Senator Coburn last month, concludes that the huge number of wheat futures co...
It took the Subcommittee an entire year to compile and analyze millions of trading records from the three U.S. futures m...
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...