Based on research outline how futures contracts benefit, Financial Management

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Based on research outline how futures contracts benefit

In its origin, futures contracts were used by farmers to "lock in" future prices for their goods. This provided piece of mind that upon delivery of their crops or livestock they would receive a guaranteed payment. In your discussion, provide at least two examples of commodities that are traded in the futures markets. Based on research, outline how futures contracts benefit manufacturers and business owners in today's global economy.

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