Important Notice: Our web hosting provider recently started charging us for additional visits, which was unexpected. In response, we're seeking donations. Depending on the situation, we may explore different monetization options for our Community and Expert Contributors. It's crucial to provide more returns for their expertise and offer more Expert Validated Answers or AI Validated Answers. Learn more about our hosting issue here.

What is agricultural commodities exchange market?

April 26, 2017Agricultural Commodities exchange market

0

Posted

What is agricultural commodities exchange market?

1 Answer

0

Posted

Commodities are traded in futures markets in the US. These are companies that provide a platform for the buying and selling of promises to take or make delivery of a commodity in the future at a specified price. The contracts are fungible so that after buying (promise to take delivery) one can cancel by selling (a promise to make delivery).