wiseGEEK: What Are Corn Futures?
Futures markets are markets that deal with the promise to either buy or
sell a set commodity at a set price at some point in the future. They
originated as a way for producers to protect themselves somewhat against
price fluctuations based on external forces, such as the demand for corn in
the marketplace. The earliest modern futures market was created in Osaka,
Japan, as a way of selling futures...
http://www.wisegeek.com/what-are-corn-futures.htm?m
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