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1.If you have 10,000 bushels of corn in storage grain bins, you are considered; a.Short in the Cash Market. b.Long in the Cash Market. c.Short

1.If you have 10,000 bushels of corn in storage grain bins, you are considered;

a.Short in the Cash Market.

b.Long in the Cash Market.

c.Short in the Futures Market.

d.Long in the Futures Market.

2.Let us assume that yesterday the Sioux Falls South Dakota cash basis for live cattle were +$2.00/CWT. Further, assume that today's Sioux Falls cash basis for live cattle is now -$0.50/CWT.We can conclude that Sioux Falls cash basis for live cattle has _________.

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