Era of Low Food Prices Has Come to End, Cargill’s Conway Says
February 08, 2012, 4:21 AM ESTBy Isis Almeida
Feb. 5 (Bloomberg) -- The era of low food prices has come to an end, and speculators are an “essential” part of the markets, Cargill Inc.’s vice chairman, Paul Conway, said.
Speculators don’t change supply and demand fundamentals, he said at the Kingsman sugar conference in Dubai today.
To contact the reporter on this story: Isis Almeida in London at ialmeida3@bloomberg.net
To contact the editor responsible for this story: Claudia Carpenter at ccarpenter2@bloomberg.net
