Why Are the Prices of Basic Commodities Going Up?

commodities
Erica asked:


I’m not asking about oil, but about food and clothing. I know that oil goes up because the Middle East hates the US. Right? But what about the major food crisis? Is it only because they’re using rice and corn crops for ethanol? There’s got to be another reason. Thanks. I will award the best answer.

Should One Be Investing in Commodities Nowadays?

commodities
Hezbolluesbrother asked:

I’m wondering if it would be a good idea to invest in certain commodities, like wheat, sugar and things like that. But I’m uncertain. Could you guys present to me some arguments for or against it?

I mean wheat is up because of that global warming scare and the ethanol enthusiasm, but that won’t last surely? What would be set to go up?