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Clear-cut gains exist only for a few commodities, such as cotton and sugar, which are not consumed in large quantities by poor households.
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For the past 35 years, U.S. farm policy has incentivized the production of a few commodity crops (like corn and soybeans), and the calories that come from them.
Beyond these basic food crops, the agriculture and often the whole economy of many developing countries depend to a high degree on the production of one or a few commodities destined principally for export.
But for public health, U.S. farm policy's focus on a few commodities is outdated.
There have been a few commodities that have had good performance for brief periods since then but, as a group, commodities have not been all that appealing.
For a few years, as commodity prices spiked, the economy held up.
For sugar and a few other commodities experiencing faster growth in consumption, mainly in the developing countries, the earnings of developing country exporters have been curbed by policies restricting access to markets, including policies favouring substitute sweeteners such as corn syrup.
Police sources say that in most cases the children are not abducted, but bought and sold "like commodities" for a few thousand euros.
The economics of COMESA countries are characterized by their dependence on a few primary commodities for export.
Table 6 below shows intra- COMESA trade as a percentage of total trade during (2003 2011), it seems that intra trade of COMESA is very weak ranging about 5% and 8% as a result of the dependence of COMESA economies on a few primary commodities for exports, and their oriented towards extra regional trade particularly to EU and China.
For me it's about a high level of quality for a lot of people versus the precious rare commodity for a few.
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