Lecture 5 Flashcards
1
Q
what are the five supply chains in Canada
A
1) open market without futures
2) open market with futures
3) single desk selling
4) supply management
5) integrated systems
2
Q
what is a cash market?
A
exchange of physical commodity
most commodities sold in this market
3
Q
what is a futures market?
A
buyers and sellers meet to make or take delivery of commodities
centralized facility
