MF Global collapse leaves farmers with losses
The reported collapse of the large commodities trading company, MF Global, Inc., has stuck many farmers and farm companies with possible losses. It's also raised questions about whether the heated grain markets of the past three years have created a bubble waiting to burst.
According to The Associated Press, federal investigators say up to $1.2 billion might be missing from MF Global's customer accounts and many of the customers are farmers and grain elevators.
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