wheat future
- noun
- /wiːt ˈfjuːtʃər/
- Specialized
:
futuros de trigo
- Shit, if you want to make facile comparisons, why not a chart of around 2500 BC, when a few years of low floods on the Nile drove wheat futures through the roof and ratcheted up tensions in the "tinderbox" Middle East, which has always been vulnerable to a food shock.
Examples
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If you buy, when we say buy wheat futures, what does that mean?
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David, if you are convinced solar cycles determine wheat prices, you might have a future in wheat futures.
Blog text (29) -
Wheat futures are traded on futures exchanges to help farmers hedge against price fluctuations.
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Investors are keeping a close eye on the wheat futures market due to rising global demand.
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The price of wheat futures has increased significantly in response to low crop yields.
Synonyms
76
7.9
A contract to buy or sell something later at a fixed price
8
6.3
An agreement to buy or sell something later at a fixed price
3
6.2
An agreement to trade things such as oil or shares at a fixed price on a future date
An agreement to buy or sell something for future delivery at a set price
Surface Forms
Morphology
The phrase is a straightforward noun–noun composition: 'wheat' (the commodity) combined with 'future' (a contract for delivery at a later date) yields 'a futures contract for wheat.' This commodity + contract pattern is transparent and predictable, so a B1 learner who knows both constituent senses can derive the MWE meaning.
Etymology
The compound wheat future comes from the idea of agreeing now about wheat that will be delivered in the future. Imagine a farmer promising today to sell a bag of grain later to avoid price changes, so it means 'a contract to buy or sell wheat at a set date and price'.