Commodities trading to be introduced, good or bad?

[niky]

I think it's a good idea, to stimulate investment... nay... to ensure businessmen actually put money into our local agricultural system.

Whatever short-term issues that arise due to pricing should smoothen out as the goods find their level. Obviously, traders can't push prices so high that people will not buy the items and will resort to alternatives... they'll have to find some middle ground between profit and affordability... (and there is no China willing to buy regular rice for P100 per kilo... other countries can buy cheaper locally... so why buy ours? Thus it's not going to be as volatile as oil)... and with the money pouring in, productivity should increase.

I hope. This move might help revive our ailing agriculture sector... or it might not... I don't know if businessmen are willing to take the same weather-related risks that those already involved in local agriculture are already taking. Losing, for example, 200 million pesos on rice due to Ondoy (I feel really bad for that family) is no joke.

But if this stimultes agricultural development... maybe it might help us change our status from net importer back into net exporter again... maybe, maybe, maybe.