Ed’s challenging and authentic quiz questions are designed to test your grain marketing knowledge, and will help you learn while having fun! Ed Usset is the author of “Grain Marketing is Simple, It’s Just Not Easy,” and is a grain marketing specialist at the University of Minnesota.
*This will be our last quiz for this first part of "Back to School." Look for the Exam, next Wednesday morning, August 19, and see how far you've come along! This will be up for exactly one week. At that time, we will begin a new quiz with new challenging and authentic questions from Ed Usset himself!*
Set by the exchange and determined at expiration
Set at expiration and determined when exercised
Negotiated by open outcry and determined by the exchange
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Intrinsic value and the strike price
Time value and the futures price
Intrinsic value and time value
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25 cents per bushel
90 cents per bushel
There is no time value
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Feed demand
Food, seed and industrial demand
Export demand
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Is long a put
Is short a call
Is long the underlying futures contract
Is short the underlying futures contract
Pays the premium
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Quiz Review Timeline (Updated): Feb 14, 2023 +
Our quizzes are rigorously reviewed, monitored and continuously updated by our expert board to maintain accuracy, relevance, and timeliness.
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