To The Moon

Futures that are completely different from spot markets.Spot markets involve actual goods (commodities) that can be traded, whereas futures are primarily not commodities but standardised, tradable contracts involving certain bulk commodities such as cotton, soybeans, oil, or financial assets such as stocks, bonds, and so on. With futures, it is mainly future events that are agreed upon, and the subject matter can be commodities or financial instruments.Simply put, with the future, you pay now to buy something in the future.Corn is now $300 a ton, so if you bought a ton of corn from someone for $300. That's called spot. But if you want to buy this ton of corn a month from now for $300, it's called futures.But suppose you are a farmer who grows corn for money, but you don't know if corn pric