Commodities - McGraw-Hill Introduction to Business

[VIDEO] How Commodity Markets Work

March 3, 2023

Florida’s orange crop is shrinking year after year, sending commodity prices skyrocketing for orange juice concentrate. This video examines the intricacies of commodity markets through the lens of concentrated OJ, looking at concepts like futures contracts and how they affect both farmers and retailers.

Questions:

Why has Florida’s plummeting orange production caused juice prices to increase significantly?
What are the benefits of futures contracts for farmers and manufacturers?

Retail, Pricing, Product Distribution, Operations Management, Agriculture, Commodities, Food & Drink, Supply & Demand

Chapter 1: Taking Risks and Making Profits, Chapter 2: Economics, Chapter 9: Production and Operations Management, Chapter 14: Product and Price, Chapter 15: Distribution, Chapter 19: Securities Markets, Videos

Major Milk Processors File for Bankruptcy

January 14, 2020

NickelsMcHughMcHugh

Although milk was a staple of the American diet throughout the 20th century, today’s consumers don’t drink nearly as much of it as they did in the past. In 2018 Americans each drank an average of 146 pounds of fluid milk, a category that includes everything from skim milk to heavy cream. While that’s still quite a lot of dairy, it also represents a 26 percent decrease in consumption since 2000. Along with this declining demand, milk companies have also Continue reading →

Bankruptcy, Commodities, Food & Drink, Vertical integration, Dairy, Pricing, Regulation, Marketing, Product Distribution, Manufacturing

Chapter 1: Taking Risks and Making Profits, Chapter 5: Forms of Business Ownership, Chapter 9: Production and Operations Management, Chapter 13: Marketing, Chapter 14: Product and Price, Chapter 15: Distribution, Bonus Chapter A: Business Law

[VIDEO] A History of Oil’s Booms and Busts

March 25, 2016

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Gasoline prices are lower than they’ve been in decades, but this is far from unique. Throughout oil’s volatile history the commodity has experienced several surges and sharp declines in value. This short but informative video tracks some of the biggest petroleum price jumps over the last century.

Questions:

Why does the price of oil change so frequently?

Should world governments invest more money into alternative energy sources in order to decrease their dependence on the unpredictable oil industry?

Global, Pricing, Energy, Oil, Petroleum, Commodities, The Middle East

Videos