There were some very good articles in yesterday's edition of The Wall Street Journal that connect agricultural prices to other markets, domestically and in the global economy.
The first piece explains the up-and-down of agricultural prices and how the roller coaster market for commodities (specifically corn and soy beans) makes for a volatile environment for one Iowa farming family. It also accesses some photos, as well as videos and an interactive graphic that is connected to the second piece.
In the second piece, we see how increased globalization is affecting commodity prices with good and not-so-good outcomes. In the comparison piece, a Chinese family prospers while an Ethiopian family struggles on the edge of starvation.
Both of these articles are worth the time and could be the foundation for discussion that connects microeconomics (markets and prices) to macroeconomics (international trade).
Please share any ideas you have on using these articles.