Trading California's future water availability on Wall Street

As of today, a futures market for California’s water can be bought and sold on the stock market. Water now joins other commodities like gold, oil, and corn. Farmers, hedge funds, and municipalities can bet on the future price of California’s water.

CNN: Investors can now trade water futures



  • Anneken Tappe - senior writer at CNN Business, covering financial markets and the U.S. economy