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The Importance Of Monitoring Futures News

The Importance Of Monitoring Futures News

Submitted by • February 12, 2013 www.PitNews.com

Futures contracts are commitments to purchase commodities with inherent values at a specified date. They are used by the producers of such commodities in order to regularize their income and protect themselves from volatile markets. Examples of futures are steel futures, oil futures and agricultural futures such as sugar, wheat, soybeans and corn. Futures can be described as being agreements to buy or sell commodities at specified prices in the future, regardless of future market conditions.

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Voted by LanTurner12

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