Grain Markets

Grain Markets

Wednesday, 17 March 2010

Grain Futures: Future Markets & Prices

It will be both necessary and difficult for new traders to understand the fundamentals of Commodity Grain Futures in Markets. There are three divisions that traders should notice when arriving at the Data and Statistics:
• Economic Research Service (ERS),
• Foreign Agricultural Service (FAS) and
• National Agricultural Statistics Service (NASS)
There are over forty reports broken down by different commodities and the world, regions, and countries that produce and consume them. And there are figures for commodity grain imports, exports, production, supply, usage, yield, and more.
Another great tool to take advantage of is the World Agricultural Supply and Demand Estimates (WASDE) reports. This can be found by going to the USDA Office of the Chief Economist’s site.
A nice attribute of this report is that all of the commodity grain markets driving fundamental statistics are listed. This also has nice forecasts for the coming crop year. The WASDE reports are used by a large percentage of individuals who trade commodity grain markets. To get more information, just visit Commodity Grain Report.
Source: forex trading signals, forex signals

No comments:

Post a Comment