Commodities - Truth and Lies - Food Prices, Politicians and International Markets - Who failed the consumer?

Alright, the DJ UBS Com index covers a variety of commodities including metals and energy? Yes it does reflecting a wide array of basic components. Let's narrow the total return over the last ten years on Agriculture....

What are the numbers... from international markets?

The Dow Jones UBS Agriculture sub index returned an annualized 5,30% over the last ten years.... (The facts)

Sector Weightings

Over the last ten years,

Grains returned 3.64%

Softs 4.20%

And... Livestock -5.20%

Turn it around, spin it, try upside down or ... do whatever you want, but you can't blame food prices level for the end consumer over international markets, speculation or any other lack of regulation... prices have gone down over the last ten years or have very slightly gone up, tell me about food riots or inflation in 2002?

More facts here you'll love it!

Wheat annualized return of -3.76% over the last ten years

Corn annualized return of -5.18% over the last ten years

Lean Hogs annualised return of -11,94% .....

Live Cattle annualised return of -0.35%.....

Cocoa annualized return of 13.46%.......

Sugar annualised return of 7.64%......

Enjoy!

So. Are there problems if despite negative annualized returns food prices go up for the end consumer wether it is packaged foods or basics? Yes there are, domestic markets, prisoners of excess of regulations, abandoned as a result to very few oligopoles, wholesale and retail, running prices with an iron fist.... Oligopoles on domestic markets with strange relations with politicians....