http://farmfutures.com/story.aspx/soybeans-bounce-back-17/63837 (Audio)
I stumbled upon this audio clip regarding the soybean price spike on Thursday (Oct.4th, 2012). Bryce Knorr, Farm Futures Senior Editor, discussed the reasons behind the recent price change in commodities such as crops, wheat and soybean. He mentioned that the lack of Chinese presence in this weeks’ market was due to their national holiday that had affected the prices to some extent. Also, Europe’s slow progress, including the Spain government asking for rescue fund, also contributed to the price change. On the other hand, the weather hasn’t really been a big factor to the price fluctuation.
Farm Futures is a very resourceful website for commodity news and experts’ reviews and thoughts on the most recent future price change. They also provide the updated market movement, such as the one shown below.
http://futures.tradingcharts.com/
Trading charts provides up-to-date commodity and future charts, prices, quotes, news and currency changes. Free and quick access to commodity prices and charts and allows its’ users to have personalized charts menu. They also have a commodity traders’ forum (http://tfc-forum.tradingcharts.com/forum/), which allows commodity traders and brokers to share experiences and discuss trading strategies. Personally, I’ve been quite dependent on Trading Charts for commodity charts.