Cocoa. Corn. Beef. Pork. All of these commoditieshave seen enormous price increases in the last year.
Sure, bad weather is to blame for some it, but there's a growing chorus of people — including CEOs, such as Howard Schultz of Starbucks — who say commodities market speculation is a major factor in driving up food prices.
In Washington, Sen. Carl Levin (D., Mich.), for one, wants regulators to curb excessive speculation in the markets.
Others blame the weak dollar, a result of the Federal Reserve's easy-money policy.
What's you opinion?