Week 3 – What Now?

To regain my lost fake money I plan on keeping an eye out on how Russia and Australia are doing in regards to wheat production. If they are doing bad, then expect wheat prices to rise due to not only smaller harvests but due to higher demand on US wheat that is gaining steam from better weather.

I will take a look also on US currency compared to these countries. If the value of the US dollar depreciates compared to the Euro or Australian dollar, and if production continues to be bad in the EU and in Australia, expect demand for US wheat to increase and prices to increase as well.

http://www.insidefutures.com/article/800247/Morning%20Grains%2010/4/12.html

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1 Response to Week 3 – What Now?

  1. Yijeong says:

    Enjoyed reading. Nicely done.

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