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Mr. Wyss said that some of the most vulnerable commodities might be the ones that have staged the biggest rallies in recent years, like oil and gold.
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Atze Schaap of Friesland Campina, a member of the International Dairy Federation, spoke from the perspective of a producer of a perishable and vulnerable commodity: milk.
Some countries remain much more dependent on agricultural commodity exports, however; these countries are particularly vulnerable to commodity price shocks and weather-related risks.
But diversified in nothing but energy, the county and nearly the entire state of Wyoming are acutely vulnerable to commodity prices.
The number of bailouts of African countries has also increased in recent years as states became more vulnerable to commodity price crashes.
The overall market is unlikely to plummet when mining and energy stocks are holding up so well.The corollary, however, is that emerging markets will be vulnerable if commodity prices tumble.
It partly explains why the FTSE 100 has performed so abysmally in recent months – it is peculiarly vulnerable to commodity price falls, with so many of the giant oil and mining stocks listed in London.
Africa's oil exporters face the same challenges as many resource-rich nations: maintaining political stability; resisting the temptation to overinvest, which would make them vulnerable if commodity prices decline; and creating a diversified economy.
Although Fairtrade has been instrumental in empowering many farmers who are vulnerable to commodity price fluctuations and the social and environmental problems exacerbated by conventional global markets, recent critiques have raised important questions about the different impacts of certification practices in producer communities.
Also, some nations are vulnerable to commodity prices and the cost of oil.
Food producers are particularly vulnerable to commodity price risk as they must commit resources for the duration of a production cycle whereas consumers may have the opportunity to switch their consumption patterns in the short run (Sandmo 1971; Bellemare 2015).
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CEO of Professional Science Editing for Scientists @ prosciediting.com