It is March 2022 and you are a corn farmer. You are planning this year's production and you observe relatively high current (spot) and futures prices for corn. You expect other farmers will produce more corn than usual and prices will fall by the time you harvest in October. What position in the futures market could you take to eliminate this risk?

Answer rating: 100% (QA)

As a corn farmer planning your production for the year 2022 and with the expectation that corn price... View the full answer