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Which of the following statements is true regarding the hog margin calculation? A) The basis is the difference in commodity price between the nearby futures

image text in transcribed Which of the following statements is true regarding the hog margin calculation? A) The basis is the difference in commodity price between the nearby futures month and a further away futures month. B) If the Canadian dollar weakens the CAD/USD exchange rate increases. C) If hog consumption of corn decreases, margin decreases. D) The basis can be negative, or zero but never positive

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