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NALT Concept Space
U.S. Department of Agriculture

NALT Full

Concept information

  1. Fields of Study
  2. agribusiness and business economics
  3. marketing
  4. markets
  5. commodity exchange
  6. futures trading
  1. Economics, Trade, Law, Business, Industry
  2. agribusiness and business economics
  3. marketing
  4. markets
  5. commodity exchange
  6. futures trading

Preferred term

futures trading

Type

  • Topic

Definition

  • Information An agreement between two people, one who sells and agrees to deliver and one who buys and agrees to receive a certain kind, quality, and quantity of product to be delivered during a specified delivery month at a specified price.

    Source: Agriculture Fact Book, USDA

    Type: Concept definition

Broader concept

Narrower concepts

Related concepts

Synonyms

  • futures contracts
  • futures exchange
  • futures markets
  • futures prices
  • hedge to arrive contracts
  • hedge-to-arrive contracts

In other languages

URI

https://lod.nal.usda.gov/nalt/28150

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RDF/XML TURTLE JSON-LD Created 1/19/06, last modified 5/30/17