Asked by Iesha Tyler on Jul 26, 2024

verifed

Verified

Agricultural futures contracts are actively traded on

A) corn.
B) oats.
C) pork bellies.
D) corn and oats.
E) All of the options are correct.

Agricultural Futures

Contracts to buy or sell agricultural commodities, such as wheat, corn, or soybeans, at a predetermined price on a specified future date, used for hedging or speculative purposes.

Pork Bellies

Futures contracts that were historically traded on the commodity exchanges, representing 40,000 pounds of frozen, trimmed bellies of hogs, which are used to make bacon.

  • Identify the spectrum of commodities and financial mechanisms that are dealt in futures trading.
verifed

Verified Answer

RP
Romaine PhippsAug 01, 2024
Final Answer :
E
Explanation :
Agricultural futures contracts are actively traded on various commodities, including corn, oats, and pork bellies, among others. These contracts allow producers and marketers to hedge against price fluctuations in the agricultural market.