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Canuck_2
Senior Contributor

Banks exit commodity trading

This article in the Economist talks about the banks that are exiting commodity trading.

There is also mention of the move to trading commodities in Asia.

What are the long term impacts to ag commodities?

If China is the biggest purchaser of ag commodities, among others, is the future of ag commodity trading to be in Asia?

The good thing about a move of ag commodities to another country would probably be the trading would be done in the unit of measurement that international trade is conducted in, tonnes.

 

http://www.economist.com/news/finance-and-economics/21601295-banks-are-scrambling-ditch-their-commod...

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