Examlex
Consider a bakery like Entenmann's: The majority of the ___________ costs are the cost of the ingredients,primarily flour.
Futures Contracts
Standardized agreements to buy or sell a particular commodity or financial instrument at a predetermined price at a specified time in the future.
Traded
The act of buying, selling, or exchanging assets, securities, or commodities in financial markets.
Long Hedge
A strategy used to mitigate the risk of price increases in commodities or securities by taking a long position in futures contracts.
Spot Market
A public financial market in which financial instruments or commodities are traded for immediate delivery.
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