the failure of the poorer countries to develop their agricultural sectors, strains on the international food supply created by dietary changes in China and India’s expanding middle classes who were eating more meat, speculation in commodity futures, the conversion of farmland into urban real estate, climate change, and the diversion of corn and sugarcane from food production to the production of agrofuels to replace oil.
With the real estate bubble bursting in 2007 and trading in mortgage-based securities and other derivatives collapsing, hedge funds and other speculative agents, they asserted, moved into speculation in commodity futures, causing a sharp increase in trades and contracts unaccompanied by little or no increase in production of agricultural commodities. It was this move into commodity futures for quick profits followed by a move out after the commodities bubble burst that triggered the rise in the FAO food price index by 71 percent during only fifteen months between the end of 2006 and March 2008 and its falling back after July 2008 to the level of 2006.如何翻译?我怎么翻译过来特别别扭呢?