This chapter introduces the futures markets for agricultural row crops. Although this book focuses on cash grain trading, it is prudent to discuss the main components of the futures markets first, especially as cash traders generally hedge against price risk using these markets.

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Futures

  • Chris DeLong,
  • Andrew McKenzie,
  • Thomas Meierotto

摘要

This chapter introduces the futures markets for agricultural row crops. Although this book focuses on cash grain trading, it is prudent to discuss the main components of the futures markets first, especially as cash traders generally hedge against price risk using these markets.