First Week: 3. Cool Source of Information

If we want to make profit in the commodity future market, information is the most important thing. Only with fast, new, reliable information of all over the world, we can make the right decision. In order to make decision for both long run and short run, I found several website that is really helpful. They update very often and some of them even post analysis articles that are really helpful to green hand.

First, I’d like to introduce the website of United States Department of Agriculture. It is a professional web government website with lots of updated reliable information. We can find out information about supply and demand as well as climate change

http://www.usda.gov/wps/portal/usda/usdahome

Second, a website powered by Farm Journal called AGWEB is also a very good source of information. When you enter the website, you can choose “Crops” section and you can find information about corn, wheat, soybeans, cotton. With updated news, this is a very good website with clear classify.

http://www.agweb.com/crops/

Third, a website called Business Recorder founded by a Pakistan’s premier financial daily. It classifies the world market by regions. We can find out what happens in the world during the day and it can help us to make decision how the price of crops will change.

http://www.brecorder.com/

 

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