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by YetAnotherNick 1409 days ago
You are talking about different kind of commoditization. Food processing is commotized, not the food itself. In fact food is naturally immune to have a speculative market as it could only be stored for short term.
1 comments

Food has one of the biggest speculative markets in the world, with insane amounts of leverage: commodity futures.
Speculative market can't change the price of food that has short expiry and long manufacturing time.