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These hypothetical prices are for Frozen Concentrated Orange Juice (FCOJ traded on the ICE Exchange. Assume the prices were valid as of 11/19/19. FCOJ is

These hypothetical prices are for Frozen Concentrated Orange Juice (FCOJ traded on the ICE Exchange. Assume the prices were valid as of 11/19/19. FCOJ is a storable commodity. Jan 2020 100.05 Mar 2020 95.18 May 2020 92.67 July 2020 90.13 Question - Given the above series of prices for FCOJ, one can say that these futures prices are exhibiting: a positive carry market providing little incentive to store FCOJ. O a negative carry situation providing little incentive to store FCOJ. a negative carry market providing incentive to store FCOJ. a positive carry market providing an incentive to store FCOJ

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