Assume you are a speculator in corn futures, and that you somehow got information, before it was widespread knowledge, that the acreage of corn planted in the mid west was down drastically from earlier forecasts. What would be the most profitable use of this information?
Answer: Immediately buy futures contracts of corn at the current price.
If the answers is incorrect or not given, you can answer the above question in the comment box. If the answers is incorrect or not given, you can answer the above question in the comment box.