India Bans Futures Trading in Potatoes, Soy oil, Rubber, Chickpeas, Wheat, Rice, two types of Dhal.

In US Congress There Is Talk Of Disalowing Futures Trading In Petroleum.

Above is in recognition of the fact that in between the consumers and the producers sit the speculators – so prices are not set according to the rules of supply and demand as one is taught in Economics 101.

When the issue was energy the world refused to wake up – when it comes to food seemingly some are ready to step in and Kudos to the Indian government. This website thinks they did the right thing.