Market Information Sources Available Through the Internet: Daily to Yearly Market and Outlook Reports, Prices, and Commodities and Quotes

by
Jean-Charles Le Vallée, Department of Agricultural Economics, Michigan State University
Questions, Comments? Write to levallee@msu.edu

2.5 Internet Sources on Market Information:
Weather, Farm Journals and a Currency and Unit Converter

2.5.1. Weather

For those interested in agriculture outlook, weather can play a major role. Playing such an important role, I have included here a few of the better web sites where one can find up-to-date weather forecasts, precipitation, satellite images, etc.

A wonderful resource, take the time to visit Roger Brugge's weather page. He offers many good links and weather related information. Well organized, weather around the world, and climate predictions. The link is: http://www.met.rdg.ac.uk/~brugge/

Here are two web sites which present information for cities, counties, and international weather, updated every few hours, from present conditions to four day forecasts around the world. Included are UV indexes, daily precipitation estimate, pressure and hurricane warnings. Beautiful satellite images of all kinds, they even have cameras set up in certain cities and towns where you can see the weather with your own eyes! They also have the best weather links. These sites are worth bookmarking (see explanation in section 0). Their URLs are: http://cirrus.sprl.umich.edu/wxnet/
http://www.intellicast.com/LocalWeather/World/UnitedStates/Navigation/

For those who have less time to browse and are simply interested in weather that might affect the markets, a market-moving weather web site with maps of weather and forecasts may provide the desired information. @griculture On-Line USA has set up such a site with chosen links for quick access easy to use. For outlook purposes, these are well done. The URL is: http://www.agriculture.com/markets/mktweath.html

For those people interested in the mid-western United States, you might want to check out the Midwestern Climate Center situated in Illinois. Well done with simple links. The URL is: http://mcc.sws.uiuc.edu/

The Mann Library also has a good source of national weather statistics for the United States for 1995 to 2001. Maintained by NASS, updated weekly. You can reach the site at: http://usda.mannlib.cornell.edu/reports/nassr/field/weather/.

For those interested in the weather conditions, data and vegetation growth for Zimbabwe, the place to visit is the Zimbabwe Meteorological Department or Zimeteo.

2.5.2. Journals

For news, reviews, and outlook purposes, farm journals may be of good use. Although the list is far from complete, the following two web sites are very well done. The first is "Farm Journal Today," which presents different themes related to the farm and different commodities. You can find a link to county level weather. Included are discussion groups and some interesting articles covering important issues. The other is "Iowa Farmer Today," which is another well presented site. Its very first link is to the cash grain prices. Other good links include articles, such as early frost warnings are hiking corn prices, weather and other related web sites. Their URLs are: http://www.agweb.com/ for the Farm Journal
http://www.iowafarmer.com/ for the Iowa Farm Journal.

Another excellent site, take time to visit Progressive Farmer Online, there is much to see. It has one of the best market web pages online. Do not miss their outlook and commodity webpages! They cover beef, cotton, feedgrains, forages, peanuts, pork, poultry, rice, soybeans, timber, tobacco, wheat and more.

U.K. based: Farmers Weekly interactive (FWi) Markets Page - Cereal and livestock prices and trends. Detailed subscription service available, subscription free.

2.5.3. Currency and Unit Converter

Of the many currency converters available on the Internet, a good choice is Olsen and Associates' web site in Switzerland, with daily exchange rates and over 164 currencies, including most African currencies. You can reach their site at: http://www.oanda.com/cgi-bin/ncc

Unit conversions and more: http://www.mcs.net/~jfharold/convert.html