NO.PZ2023040201000026
问题如下:
U.S. farmers have become concerned that the future supply of wheat production will exceed demand. Any hedging activity to sell forward would most likely protect against which market condition?选项:
A.Contango B.Full carry C.Backwardation解释:
Because when a commodity market is in backwardation, the futures price is below the spot price because market participants believe the spot price will be lower in the future. When futures prices are above spot prices, the market is said to be in contango.为什么选C呢