Selling position investors on futures prices

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In the case of commodity futures contracts (e.g., corn futures contracts or pork futures contracts), for contracts in which futures positions are not liquidated, short position investors will have the option of choosing which grade of goods to deliver to long position investors at maturity. Of course, the range of deliverable product grades and deliverable places are predetermined by the exchange. Which of the following is valid as the impact of these options being given to selling position investors on futures prices?

Reference no: EM133075400

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