Buried in 130 million daily tweets hides a veritable goldmine of information for traders and investors – if you know where to look.
In one corner of the highly lucrative grains market is a growing network of farmers and traders that are using tweets to transform how this multi-trillion dollar industry does business. These tweets are dramatically accelerating the flow of information to give investors an edge in the commodities market.
Farmers are also cashing in, using tweets from the trading floor on pricing to help them time the sale of their products to maximize profit. CNBC spoke to farmers and traders taking part in this real-time dialogue to understand how this information is used, how bigger profits are made and how farming is going high-tech.
From the field to the floor, click ahead to see how farmer tweets are revolutionizing the agriculture trade.
By Jesse Bergman
Posted 8 Mar 2011