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Company Response

11 Sep 2012

Author:
Louis Dreyfus

Louis Dreyfus response re concerns about about impacts of trading activities on small farmers in poor countries

There are numerous references throughout the article to insider trading that we believe are misleading. Bona fide research and analysis of supply and demand for agricultural commodities is something that the sector has consistently engaged in, and such information is increasingly available (often free of charge) through independent and governmental statistics providers - the USDA service is perhaps the best known and most widely used. In fact, any enterprise that fails to understand the business drivers for the sectors in which they operate would not be economically sustainable, and therefore likely to fail. Further, we disagree with a number of the allegations that are made in the article and can only regret that we have not been consulted at an earlier stage on the content.

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