markets interact. market: sugar produced in the us news event: the us government reduces the amount...
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Markets Markets InteractInteract
Market: sugar produced in the USNews Event: The US government reduces the amount of sugar that US companies may import. As a result, US sugar consumers, such as candy companies, will have to buy more sugar from US sugar producers.
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US Sugar
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Market: candyNews Event: Because of a federal sugar policy designed to protect US sugar producers, the price of sugar increases.
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Candy
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Market: cornNews Event: Because of a federal policy supporting sugar prices, soft-drink bottlers switch to using more high-fructose corn syrup as a substitute for sugar.
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Corn
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Market: sugar market in Caribbean countries.News Event: Because of decreased US sugar quotas, sugar producers in Caribbean countries begin to reduce sugar production.
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Caribbean Sugar
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Market: unskilled labor market in Caribbean countriesNews Event: Because of decreased sugar exports to the US, sugar plantations are laying off workers and sugar mills are closing.
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Unskilled Caribbean Labor
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Market: marijuana in Caribbean countriesNews Event: Because of a reduced demand for sugar grown in the Caribbean, some sugar growers begin to grow marijuana to earn more income.
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Caribbean Marijuana
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Market: unskilled labor market in the USNews Event: Because of lower sugar production in their countries, Caribbean sugar plantation and sugar mill workers begin to immigrate illegally to the US to find work.
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Unskilled US Labor
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Market: soybeans produced in the USNews Event: As higher sugar prices lead to more US farmers to grow sugar cane, sugar beets, and corn (for corn sweetener), the production of wheat and soybeans decreases.
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US Soybeans
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Market: world oil market
News Event: OPEC announces a significant reduction in the amount of oil that will be produced by each member.
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World Oil Market
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Market: diesel fuel
News Event: The price of crude oil doubles.
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Diesel fuel
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Market: trucking services
News Event: Prices for diesel fuel increase dramatically.
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Trucking services
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Market: home heating oil
News Event: Crude oil prices rise substantially, AND extremely cold weather hits northeastern states where heating oil is a major fuel for home furnaces.
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Home heating oil
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Market: wood
News Event: Because of high fuel-oil prices, people use wood-burning fireplaces more, and sales of wood-burning fireplaces increase.
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Wood
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Market: frozen vegetables
News Event: Trucking firms charge higher prices to deliver products to factories, warehouses, grocery stores, and other retailers.
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Frozen vegetables
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Market: airline travel
News Event: Jet fuel prices rise rapidly.
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Airline travel
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Market: airline workers
News Event: Airlines cut back on flight schedules as high ticket prices result in fewer people flying.
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Airline workers
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Market: barrels of chemicals used by water treatment plants
News Event: High oil prices lead to higher diesel and gasoline prices, which increase shipping and transportation costs.
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Barrels of chemicals
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