Hurricane Michael's Path Puts Cotton, Commodities at Risk

Hurricane Michael's Path Puts Cotton, Commodities at Risk

Assessment

Interactive Video

Business, Religious Studies, Other, Social Studies, Physics, Science

University

Hard

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The video discusses the impact of weather events on agricultural commodities, focusing on cotton, citrus, and sugar cane. Cotton is at risk due to Hurricane Michael, with potential damage in the Carolinas and Georgia. The market is expected to react with short covering and possible price increases. The track of Hurricane Michael is crucial for citrus crops in Florida, with potential impacts on orange juice prices. Sugar cane in the Mississippi Delta is also affected, with recent price rallies due to a stronger Brazilian real. Overall, the video highlights the significant influence of weather patterns on agricultural markets.

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2 questions

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1.

OPEN ENDED QUESTION

3 mins • 1 pt

What impact is expected on India's cotton production due to weather conditions?

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2.

OPEN ENDED QUESTION

3 mins • 1 pt

What could be the potential impact on the citrus crop if the track of Michael changes?

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