Suppose a corn farmer in Midwest is expecting to harvest 100,000 bushels of corn in...
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Suppose a corn farmer in Midwest is expecting to harvest 100,000 bushels of corn in the fall. What is the strategy that this farmer can use to eliminate his/her business uncertainty due to the price fluctuation of corn? (Standard corn futures size is 5,000 bushels per contract)
A) short 20 corn futures
B) long 20 corn futures
C) none of the above
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