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How Can Satellite Images and the Global Positioning System Help

question 69

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How can satellite images and the global positioning system help against farm pests?


Definitions:

T-bond Futures

Financial contracts obligating the buyer to purchase U.S. Treasury bonds at a specified price at a future date, used for hedging and investment purposes.

Cross-hedge

A hedging strategy using a contract that has price movements correlated with, but not identical to, the asset being hedged.

Long Futures Contract

An agreement to buy a particular commodity or financial instrument at a predetermined price at a specified time in the future, indicating the buyer's bullish outlook.

Asset Price

The current market value or price at which an asset, such as a stock, bond, or commodity, can be bought or sold.

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