Farms.com Home   Ag Industry News

Hurricane Sandy Pushes New York Stock Exchange to Halt Trading Since 9/11

World’s Largest Stock Exchange Closes, Agriculture Trading Won’t Happen Today and Maybe Tuesday

By , Farms.com

It’s probably safe to say that we’ve entered into a new era of trading, as it was announced today that the world’s largest stock exchange – the New York Stock Exchange (NYSE) will not be trading any futures today over the development of Hurricane Sandy, which is projected to hit New York City the hardest and has already responsible for 65 deaths in the Caribbean. The NYSE is responsible for futures trading in contracts in energy, agriculture and foreign exchange. The NYSE is expected to re-open again for business as usual on Tuesday, but some say it could be even later. It’s on a rare occasion that the NYSE would close - the last time it shut down operations was during 9/11.

 


Trending Video

A chain harrow is a game changer

Video: A chain harrow is a game changer

Utilizing a rotational grazing method on our farmstead with our sheep helps to let the pasture/paddocks rest. We also just invested in a chain harrow to allow us to drag the paddocks our sheep just left to break up and spread their manure around, dethatch thicker grass areas, and to rough up bare dirt areas to all for a better seed to soil contact if we overseed that paddock. This was our first time really using the chain harrow besides initially testing it out. We are very impressed with the work it did and how and area that was majority dirt, could be roughed up before reseeding.

Did you know we also operate a small business on the homestead. We make homemade, handcrafted soaps, shampoo bars, hair and beard products in addition to offering our pasture raised pork, lamb, and 100% raw honey. You can find out more about our products and ingredients by visiting our website at www.mimiandpoppysplace.com. There you can shop our products and sign up for our monthly newsletter that highlights a soap or ingredient, gives monthly updates about the homestead, and also lists the markets, festivals, and events we’ll be attending that month.