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Investing Glossary:
Commodity futures contract
Copyright 2010,
Campbell R. Harvey. All Rights Reserved.
Do not reproduce without explicit permission.
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| Term: |
| Commodity futures contract
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| Definition: |
| An agreement to Buy a specific amount of a Commodity at a specified price On a particular date in the future, allowing a producer to Guarantee the price of a product or Raw material used in production.
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