Suppose a corn farmer in Midwest is expecting to harvest 100,000 bushels of corn in...
60.1K
Verified Solution
Link Copied!
Question
Finance
Suppose a corn farmer in Midwest is expecting to harvest 100,000 bushels of corn in the fall. What is the strategy that this farmer can use to eliminate his/her business uncertainty due to the price fluctuation of corn? (Standard corn futures size is 5,000 bushels per contract)
A) short 20 corn futures
B) long 20 corn futures
C) none of the above
Get Answers to Unlimited Questions
Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!
Membership Benefits:
- Unlimited Question Access with detailed Answers
- Zin AI - 3 Million Words
- 10 Dall-E 3 Images
- 20 Plot Generations
- Conversation with Dialogue Memory
- No Ads, Ever!
- Access to Our Best AI Platform: Flex AI - Your personal assistant for all your inquiries!
Other questions asked by students
StudyZin's Question Purchase
1 Answer
$0.99
(Save $1 )
One time Pay
- No Ads
- Answer to 1 Question
- Get free Zin AI - 50 Thousand Words per Month
Best
Unlimited
$4.99*
(Save $5 )
Billed Monthly
- No Ads
- Answers to Unlimited Questions
- Get free Zin AI - 3 Million Words per Month
*First month only
Free
$0
- Get this answer for free!
- Sign up now to unlock the answer instantly
You can see the logs in the Dashboard.