Why did futures markets originate in agricultural markets? Would a farmer buy or sell futures contracts? What

Question:

Why did futures markets originate in agricultural markets? Would a farmer buy or sell futures contracts? What would a farmer hope to gain by doing so? Would General Mills buy or sell futures contracts in wheat? What would the company hope to gain by doing so?

Fantastic news! We've Found the answer you've been seeking!

Step by Step Answer:

Related Book For  book-img-for-question

Money Banking And The Financial System

ISBN: 1801

3rd Edition

Authors: R. Glenn Hubbard, Anthony Patrick O'Brien

Question Posted: