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YetAnotherNick
on Aug 13, 2022
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Ask HN: Anyone else feels the commoditization of r...
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.
HEmanZ
on Aug 13, 2022
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Food has one of the biggest speculative markets in the world, with insane amounts of leverage: commodity futures.
YetAnotherNick
on Aug 13, 2022
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Speculative market can't change the price of food that has short expiry and long manufacturing time.
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