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wheat future

 

Definitions from WordNet

Noun wheat future has 1 sense
  1. wheat future - wheat bought or sold at an agreed price for delivery at a specified future date
    --1 is a kind of
    future

Definitions from the Web

Term: Wheat Future

Definition

Wheat future refers to a financial contract that allows participants to buy or sell a specified quantity of wheat at a predetermined price with delivery set for a future date. It is a type of derivative traded on commodities exchanges.

Senses and Usages

Sense 1:

Noun: The specific agreement to buy or sell wheat at an agreed-upon price in the future.

Example Sentence: The trader purchased a wheat future to hedge against the potential increase in wheat prices.

Sense 2:

Noun: The market for trading wheat futures.

Example Sentence: Wheat future prices experienced a significant decline due to abundant harvests worldwide.

Sense 3:

Noun: Predictions or speculations regarding future wheat prices.

Example Sentence: Farmers rely on expert analysis to make informed decisions about wheat futures.

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