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Definitions from WordNet

Definitions from the Web

Soybean Future

Definition:

A "soybean future" refers to a contract that allows individuals or organizations to buy or sell a specific quantity of soybeans at a predetermined price, with delivery occurring at a future date.

Parts of Speech:

• Noun

Senses:

Sense 1: The financial contract relating to soybeans.

Popular Usage:

Investors and traders actively participate in soybean futures to speculate or hedge against price fluctuations in the soybean market.

Sample Sentence:

John decided to purchase soybean futures as he predicted a rise in the demand for soybean oil.

Local Usage:

In certain agricultural regions, local farmers engage in soybean futures to secure their profits and safeguard against potential losses.

Sample Sentence:

The cooperative of farmers in the region engaged in soybean futures to lock in a favorable price for their upcoming harvest.

Related Products on Amazon:

Soybean Future Trading Books

Futures Trading Books