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Agribusiness Marketing
Agribusiness Marketing
Daisy Odunze
Introduction
The term ‘commodity’ is commonly used in
reference to basic agricultural products that are
either in their original form or have undergone
only primary processing.
A related characteristic is that the production
methods, postharvest treatments and/or primary
processing to which they have been subjected,
have not imparted any distinguishing
characteristics or attributes.
Introduction
Plans to buy 240,000 ibs. Soybean Buys 4 CBOT Sept. soybean oil
oil in the cash market at $.26 / ib. futures contracts at $.26/ib.
August August
Purchases 240,000 ibs. Soybean oil Sells 4 CBOT Sept. soybean oil
in the cash market at $.31/ib. futures contracts at $ .31/ib.
Plans to sell 5,000 bu. Corn in the Sells one CBOT Dec. Corn futures
cash market at $2.60/bu. contract at $ 2.60/bu.
October October
Sells 5,000bu. Corn in the market at $ Buys one CBOT Dec. Corn futures
1.90/bu. contract at $ 1.90/bu.