date:Sep 04, 2012
ack for describing the global food crisis as a good business opportunity.
Glencores director of agriculture trading, Chris Mahoney, said:The environment is a good one. High prices, lots of volatility, a lot of dislocation, tightness, a lot of arbitrage opportunities.
We will be able to provide the world with solutions and that should also be good for Glencore.
Last week the World Banks Food Price Watch warned that global food prices soared by 10% in July from a month ago. Maize and soybean re