US CFTC member urges ‘deep dive’ into factors behind recent commodity price swings

The US Commodity Futures Trading Commission should conduct a series of “deep dive” studies to determine whether prices in commodity markets that have recently seen stress—such as natural gas, crude oil, metals, and wheat markets—are driven by market fundamentals, a member of the commission has recommended. “From 2020 lows, food prices have soared 84%, fertilizer prices have risen an astonishing…