commodities

Markets Make The World Go Around

milk markets Markets Make The World Go Around Markets exist to help smooth the flow of information and make the future more predictable. But sometimes it takes a Ph.D. to figure out what is going on when corn goes above $8 and you are sitting on several thousand bushels.

To help figure out markets in general, look in to the video Backwardation Bullish or Bearish (less than 5 minutes, from The Khan Academy). This is a very simple video but it helps set the tone about markets and what they might do. For a more advanced look at futures markets, check out this Yale University Forwards and Futures class lecture (~1 hour 10 minutes).

DairyCast 0064 for June 1 2007

 

DairyCast 0064 Show Notes:
  • Link to leadership article
  • High milk prices accompanied by higher costs
  • National Milk Producer's concerned about re-opening Canadian border
  • Tax provisions which accompanied the war funding bill that will affect you
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