Re:Food security and the coming storm
by colechristensen on Sunday May 29, 2022 @09:51PM
(#31554756)
Eh, while there is quite a lot of speculation-only trading, unless you're dealing with cash-settled futures, if you forget to close out your position you'll be expected to, say, deliver or take delivery on 5000 bushels of corn.
Commodities futures are heavily used to arrange actual exchange of goods and aren't abstractions but real contracts.
Commodities futures are heavily used to arrange actual exchange of goods and aren't abstractions but real contracts.