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Can someone help me please on these commodity marketing questions? MKT 1152 Problem Set 82 Question 1 Date CASH MARKET March Feeding hogs for finish
Can someone help me please on these commodity marketing questions?
MKT 1152 Problem Set 82 Question 1 Date CASH MARKET March Feeding hogs for finish to sell in September FUTURES MARKET October hos contracts trading at 580/cwt. September Finished hogs sell at $78/cwt in cash market October hog contracts are how trading at $83/cwt. What is the basis in September? (Express as 'over' or 'under 12 points) Calculate the net price for these hogs. (show your work, 3 points) Question 5 Date July CASH MARKET Need to buy corn later in the fall for incoming feeder cattle. FUTURES MARKET December corn futures currently trading at $4.50 per bushel November Buy cash corn at $3.90 per December corn contracts bushel. are now trading at $4.00 per bushel. What is the basis in November? (Express as 'over' or 'under 12 points) Calculate the net price for this corn. (show your work, 3 points). MKT 1152 Problem Set 82 Question 1 Date CASH MARKET March Feeding hogs for finish to sell in September FUTURES MARKET October hos contracts trading at 580/cwt. September Finished hogs sell at $78/cwt in cash market October hog contracts are how trading at $83/cwt. What is the basis in September? (Express as 'over' or 'under 12 points) Calculate the net price for these hogs. (show your work, 3 points) Question 5 Date July CASH MARKET Need to buy corn later in the fall for incoming feeder cattle. FUTURES MARKET December corn futures currently trading at $4.50 per bushel November Buy cash corn at $3.90 per December corn contracts bushel. are now trading at $4.00 per bushel. What is the basis in November? (Express as 'over' or 'under 12 points) Calculate the net price for this corn. (show your work, 3 points)Step by Step Solution
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