Suppose that when the price of corn is 2 per bushel, farmers can sell 10 million bushels. When the price of corn is 3 per bushel, farmers can sell 8 million bushels. Which of the following statements is true?___.相关知识点: 试题来源:...
Corn futures rose toward $4.90 per bushel, approaching their highest level in over a year of $497 seen January 29th, driven by tight global supply and strong export figures. Argentina’s lower corn estimate, down by 1 million tons due to dry weather, and reduced Ukrainian exports, forecasted...
Corn (Globex)(CBOT) TFC Commodity Charts Contract Specifications:ZC,CBOT Trading Unit:5,000 bushels Tick Size:1/4 cent/bushel ($12.50/contract) Quoted Units:US $ per bushel Initial Margin:$2,025Maint Margin:$1,500 Contract Months:Mar, May, Jul, Sep, Dec ...
150.00 ANS: C PTS: 1 DIF: 2 REF: 24-1 TOP: Consumer price index MSC: Applicative Chapter 24/Measuring the Cost of Living ? 1017 22. Refer to Table 24-2. Suppose the basket of goods in the CPI consisted of 3 units of pork and 4 units of corn. What is the inflation rate for ...
A 12-billion-bushel corn crop brings a price of $2.4 bushel. A commodity broker uses the following rule of thumb: If the crop is reduced by x percent, then the price increases by 10x cents. Which crop size results in maxi...
[ More Corn News ] Contract Specifications:XN,CBOT Trading Unit: 1,000 bushels Tick Size: 1/8 cent/bushel ($1.25 per contract) Quoted Units: US cents per bushel Initial Margin: $405 Maint Margin: $300 Contract Months: Mar, May, Jul, Sep, Dec First Notice Day: Last Trading Day: ...
In addition, the commodity price of corn on the Chicago futures exchange in June 30th was $629 per bushel of corn, compared with December 30, 2010, half a year ago. Closing price Surprisingly "coincide". The trend of commodity prices in the international market is very important, and even...
The wheat complex posted gains across the three exchanges to close out Wednesday. Chicago SRW futures were up 1 1/4 to 5 1/2 cents on the day. KC HRW contracts were 3 to 5 3/4 cents higher on the session. MPLS spring wheat saw a recovery of 1 ¼ to 4 ¾ cents. ...
For example, consider a corn futures contract that represents 5,000 bushels of corn. If corn is trading at $5 per bushel, the value of the contract is $25,000. Futures contracts are standardized to include a certain amount and quality of the underlying commodity, so they can be traded on...
The article provides an outlook for the international corn market for 2010. Analysts forecast corn as a potential outperformer in 2010 and prices are well poised for an increase during the year. They expect that lower production in China and Mexico would result to a deficit in the international...