For other uses, see Forex (disambiguation). A hedge is an investment position intended to offset potential losses or gains that may be incurred by a companion investment. Chicago is located at the base of the Great Lakes, close to the farmlands and cattle country of the U.S. Midwest making it a natural center for transportation, distribution and trading of agricultural fforex.
Hedgibg and shortages of these products caused chaotic fluctuations in price. This led to the development of a market enabling grain merchants, processors, and agriculture companies to trade in contracts to insulate them from the risk of adverse p.
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