There is no futures market for feed as there is for most agricultural commodities.

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And Vega's traders began to more aggressively take out futures contracts on the commodities market in Malaysia, which, along with Indonesia, accounts for most of the world's palm oil production.

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The complaints have gotten a sympathetic ear on Capitol Hill, where lawmakers have just gotten a proposal by the Treasury Department for a sweeping overhaul of financial market regulation, including the merger of the SEC with the Commodities Futures Trading Commission and the reassignment of many of the SEC's enforcement duties to the stock exchanges and other self-regulatory agencies.

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