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Business

On the money: Understanding the commodities markets

April 14, 2008

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What determines the price for a gallon of gas, an ounce of gold or a bushel of wheat? In part, the commodities markets. From precious metals to orange juice and pork bellies, traders bid, buy and sell a wide variety of commodities in trading pits.

If you'd like to learn how commodity trading and investing works, you might visit one of these sites:

¢ Chicago Mercantile Exchange (www.cme.com/edu/res/bro/cmecommodities.html) features a wide range of online futures trading educational brochures in .pdf format.

¢ Commodity Futures Trading Commission (www.cftc.gov/educationcenter/futuresmarketbasics.html) offers guidelines to commodities futures and investing.

¢ DailyFutures.com (www.dailyfutures.comM) features the latest news on commodities markets.

¢ Investopedia (www.investopedia.com/terms/c/commodity.asp) provides basic definition of a commodity, and related links on futures trading.

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