[DOC] [TLE] Futures contract - Wikipedia [PAR] In finance, a futures contract (more colloquially, futures) is a standardized forward 
contract which can be easily traded between parties other than the two initial 
parties to the contract. The parties initially agree to buy and sell an asset for a 
price agreed upon .... Physical delivery is common with commodities and bonds. [DOC] [TLE] Futures | Define Futures at Dictionary.com [PAR] Futures definition, time that is to be or come hereafter. ... something that will exist 
or happen in time to come: ... Usually, futures. speculative purchases or sales of 
commodities for future receipt or delivery. ... commodities or other financial 
products bought or sold at an agreed price for delivery at ... The English noun (
late 14c.)... [DOC] [TLE] Futures Contract Definition | Investopedia [PAR] A contractual agreement, generally made on the trading floor of a futures ... Some 
futures contracts may call for physical delivery of the asset, while others are ... is 
more general and can also refer to the overall market as in: "He's a futures trader.
" ... hedge or guarantee the price at which the commodity is sold or purchased,... [DOC] [TLE] Grain Marketing Terms | Ag Decision Maker [PAR] Delivery - The transfer of the physical commodity in satisfaction of a futures 
contract. ... Price-later (delayed price) contract - An agreement in which grain is 
delivered .... Long - Purchased futures contracts that have not been offset by sold 
contracts or delivery. ... Marketing plan - A plan of when and how a farmer will sell 
grain. [DOC] [TLE] Chapter 3. Uniform Commercial Code (UCC) - Amazon Web Services [PAR] These missing terms can be added later by the parties or supplied under other ... 
structures  if severance is to be made by the seller  money bought and sold as 
a commodity, the unborn young of animals, items specially manufactured for a ... 
of loss passes from the seller to the buyer on proper delivery of the goods to an... [DOC] [TLE] commodity trade | economics | Britannica.com [PAR] A futures contract is an agreement to deliver or receive a certain quantity of a ... (
such as the Liverpool markets in cotton and grain) has even come to a halt. ... 
three months later can insure himself against a decline in prices by selling futures
: if... [DOC] [TLE] Futures and Options on Futures  an Illustrated Tutorial [PAR] The speculator has no intention of making or taking delivery. ... Later, he will 
close out his position by offsetting the contract. If he sold short, he will buy back 
the contract, and if he bought long, then he will sell the contract. ... The underlying 
assets of futures contracts are agricultural commodities, metals and minerals, 
energy,... [DOC] [TLE] glossary - Commodities Demystified [PAR] premium to later periods. This can be a ... quantity of the underlying commodity ... 
Customers can sell to the market maker ... quality, delivery and quantity is ... 
supply agreement where a trader agrees ... which a commodity is bought or sold. [DOC] [TLE] A Trader's Guide to Futures - CME Group [PAR] either for immediate delivery, also called the spot or cash market, or for forward ... 
Both forward contracts and futures contracts are legal agreements to buy or sell 
.... of the markets, traders develop a perspective on the direction of commodity 
prices, .... By definition, each futures contract has a standardized size that does 
not... [DOC] [TLE] An introductory guide to random length lumber Futures ... - CME Group [PAR] In a world of increasing volatility, CME Group is where the world comes to 
manage risk ... will rise or by selling futures when they think prices will fall. ... 
monitored by the Commodity Futures Trading Commission .... First, a futures 
contract can be bought or sold at any ... agreement for the short to make delivery 
to the long. [DOC] [TLE] Chapter 6 - Risk Management in Grains Markets | U.S. Grains Council [PAR] The use of futures, options, swaps, derivatives and cash commodities will all be ... 
In world feed grains markets there are risks that come in many shapes

Question: A commodity bought or sold with an agreement that delivery will come later
Answer: a future