Kraft allegations raise concern among energy end-users

A CFTC complaint against the successor firms of Kraft Foods is a good indicator of how it might deal with end-users holding dominant positions in other markets, say panellists at Energy Risk Summit USA

Kraft successors stand accused of manipulating wheat futures market

A recent lawsuit filed by the US Commodity Futures Trading Commission (CFTC) against the successor companies of Illinois-based food giant Kraft has caught the attention of energy end-users nervous about the agency’s stance on market manipulation since the passage of the Dodd-Frank Act, delegates at Energy Risk Summit USA heard in Houston on May 13.

“When the Kraft case was filed, clients of mine began calling right away and asking: do I have a Kraft problem?,” said Steve Humenik, head of the

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