Showing posts with label Commodities and Our Food. Show all posts
Showing posts with label Commodities and Our Food. Show all posts

Thursday, August 2, 2012

Commodities and Our Food

Many times people who trade commodities will overdo media hype about negative weather that may destroy crops or cause a low yield that year. Meaning there will be fewer crops available for sale and therefore supply and demand dictates prices to be higher. Therefore people buying these commodities that have an important need are willing to pay more so they are not caught short without. Lots of people get in the way and speculate, believing that there might be a shortage in therefore next week the price will be more, or it