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A miller who needs wheat to mill into flour most likely uses the futures market for taking a: Multiple Choice long hedge position to lock
A miller who needs wheat to mill into flour most likely uses the futures market for taking a:
Multiple Choice
long hedge position to lock in production costs.
short hedge position to lock in delivery.
long hedge position to lock in a sales price for flour.
seller's position in wheat.
speculator's position in wheat.
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