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David Hightower, principal of commodity trading adviser Hartfield Management and editor of The Hightower Report newsletter, has dealt in commodities for more than 25 years. Higher prices will attract investment money into other kinds of biofuels that don’t rely on corn and other fuel—like jojoba, a weed that produces oil for biodiesel. The Commodity Futures Trading Commission called a meeting because some traditional commodity investors worried that the commodity index funds and speculative interests were causing prices to diverge from reality. You can also hear him on American Public Media’s nationally syndicated finance program, Marketplace Money , as well as on public radio’s business program Marketplace . read more

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