Transcription of CME Commodity Trading Manual - Commodity, …
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CME Commodity Trading Manual - Commodity, …
CME Commodity Trading ManualThis book was originally designed as a guide for teachers of highschool agricultural education programs. It contained supplementalmaterials and study pages, and was one of the first organizedcommodity marketing courses for high school original course was funded by Chicago Mercantile Exchange(CME) in conjunction with the National FFA Foundation and theStewart-Peterson Advisory Group. Several individuals contributed tothe project, including high school instructors to whom CME is grateful. The success of the course in the schools has prompted CME to redesignthe book as a textbook, revise and update it once again, and make itavailable to anyone who wishes to gain a comprehensive introductionto Commodity the OneMARKETING BASICS.
Commodity Marketing 2 3. A futures contractis an agreement to buy or sell a commodity at a date in the future.You buy or sell through a brokerage firm that transacts the trade for you. Once you are set up with a firm, it is as easy as a …
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