Welcome to Quiz #2! 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.
$4.00 per bushel
37 cents per bushel
Your potential loss is unlimited
Corn prices are higher than wheat prices
The spot price of a commodity is higher than the price for future delivery
You live in a remote area with no internet access
Iowa
Illinois
North Dakota
South Dakota
1946
1972
1983
1990
In-the-money
Out-of-the-money
At-the-money
$12 per bushel
30 cents per bushel
Your potential loss is unlimited