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Analysis needs to be narrowed to specific markets, sectors, locations

Analysis of the impact of speculation on prices needs to be narrowed to specific markets, sectors, locations and times.

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Agricultural commodity speculation
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Analysis needs to be narrowed to specific markets, sectors, locations
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Speculation only occurs in soft agricultural commodity markets
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What constitutes speculation?
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Speculation can be a price discovery mechanism
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Speculation doesn't lead to persistently higher prices
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Correlation between financial crashes and food price volatiliy
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Limited evidence of effects of speculation
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