Question: Please use these two websites for the commodity market information www.cmegroup.com www.barcahart.com there is no additional information needed. Please do everything on google docs or
Please use these two websites for the commodity market information www.cmegroup.com www.barcahart.com there is no additional information needed. Please do everything on google docs or google sheets and post the link thank you. Let us assume that it is July 23, 2021, and you run a feedlot operation (VanderWal Farms) in Volga, SD. Assume your feed inventory is adequate until February 1, 2022. At that time, you estimate that you will need purchase 15,000 bushels of corn in the cash market to feed your expected inventory of cattle after February 1st. You are worried about rising corn prices and you decide to implement a hedge using Futures Contracts for corn. To analyze this hedging problem, you will need the gather commodity market information and this information will provide your answers to the questions below. Questions to be answered: 1. Are you placing a long or short hedge
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