CFTC: Wheat Market Manipulated
CFTC Alleges Kraft Foods Manipulated Wheat Futures, Cash Prices in 2011
CFTC filed a civil enforcement complaint alleging that in early December 2011 Kraft Foods purchased $90 million of CBOT December wheat futures in order to depress cash prices and strengthen the December 2011 to March 2012 futures spread, netting a $5.4 million...
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