Week 6: 3. Cool Resource

1.http://www.agweb.com/article/blockbuster_bean_yields_headline_harvest_reports/

How can the weather affect the amount of soybeans and crop? This article talks about the farmers’ opinions. As they are first hand information, it is important to know what’s going on. As U.S. farmers wrap up their 2012 harvest seasons, several are reporting outstanding soybean returns via the AgWeb Crop Comments page. Meanwhile, corn yields are mixed as a result of this summer’s drought.

2.http://www.brecorder.com/markets/commodities/america/87815-cbot-wheat-rallies-closes-above-50-day-moving-average-.html

I recommend this article because it concludes all the information about import and export ban announced by governments that can affect the price of crop this week. For example, Ukraine’s Agriculture Minister said the country would ban wheat exports from Nov. 15 following a weather-damaged harvest. Syria’s General Establishment for Cereal Processing and Trade said it was seeking 100,000 tonnes of soft wheat of bread-making quality in an international tender.

3. http://www.nytimes.com/interactive/2012/10/28/nyregion/hurricane-sandy.html

I find an article about Hurricane Sandy. It’s a updating website, tracking the storm, written by The New York Times. This is a disaster and it will affect the demand and transport for food. It will push the price up. I’m sure you will find it useful when you want to find out how the Hurricane can affect the price of crops.

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