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USD/Cwt Februarytures -2,00 Scot CAVUSO (Merchtures 162 CADE Market Value 12.17 CADE Com Futures USD/ (March Futures) USD/ Com Value Hog Con 1. CADAS March

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USD/Cwt Februarytures -2,00 Scot CAVUSO (Merchtures 162 CADE Market Value 12.17 CADE Com Futures USD/ (March Futures) USD/ Com Value Hog Con 1. CADAS March futres) CALVI 10.00 46.60 CAD U Merchtes 0.00 USD/ton CAD/USD Marches TS CAD/Ton SomeValue W Mr. Which of the following statements is true regarding the hog margin calculation? A) The basis can be positive, negative, or zero. O B) The carcass conversion converts a hog carcass in CAD/USD to CAD/Ck8, O C) The basis is the difference in commodity price between the nearby futures month and a further away futures month D) in the Canadian dollar strengthens the CAD/USD exchange rate falls

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