soybean future
- noun
- Specialized
- After analyzing market trends, she decided to invest in soybean futures for the upcoming season.
Examples
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I'm proud to announce that this morning, Transcontinental Investments acquired 800,000 contracts in soybean futures.
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Investors who purchased soybean futures are hoping for higher prices before the delivery date.
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The farmer used soybean futures to lock in a price for his crop well ahead of harvest.
Synonyms
A contract to buy or sell something later at a fixed price
An agreement to buy or sell something later at a fixed price
An agreement to trade things such as oil or shares at a fixed price on a future date
Surface Forms
Morphology
The meaning is directly compositional: 'soybean' names the commodity and 'future' denotes a contract to buy/sell at a later date, so a B1 learner who knows both senses can infer it is a futures contract on soybeans. Although the term is technical (commodity trading), its parts combine in a straightforward, predictable way rather than idiomatically.
Etymology
Soybean future The noun soybean future comes from a simple promise: a soybean seller and buyer agree now on a price for a future delivery of the crop. So, a soybean future is 'a contract' that lets people lock in a price and protect themselves if market prices change.