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What is Futures

Technological Development and Impact on Economic and Environmental Sustainability
It is a standardized legal agreement to buy or sell something at a predetermined price at a certain time in the future. The buyer must purchase, or the seller must sell the underlying asset at the set price.
Published in Chapter:
The COVID-19 Pandemic and Agricultural Futures in the USA: Evidence From a Dynamic Fourier Quantile Causality Test
Ugur Korkut Pata (Osmaniye Korkut Ata University, Turkey), Onder Ozgur (Ankara Yildirim Beyazit University, Turkey), Veli Yilanci (Faculty of Political Sciences, Canakkale Onsekiz Mart University, Turkey), and Muhammed Sehid Gorus (Ankara Yildirim Beyazit University, Turkey)
DOI: 10.4018/978-1-7998-9648-7.ch015
This study aims to examine the impact of the COVID-19 pandemic on various agricultural commodity futures (cocoa, coffee, corn, cotton, soybean meal, soybeans, sugar, and wheat) in the United States for the period from January 24, 2020, to July 6, 2021, considering oil prices as a control variable. Specifically, the study employs a novel Fourier quantile causality test and its time-varying form. The results show that the causal relationships between COVID-19 cases and agricultural commodity futures are highly time-varying. The empirical findings also demonstrate that COVID-19 has the strongest causal effect on coffee futures, followed by sugar, soybeans, and corn. In contrast, the impact of COVID-19 on cocoa and cotton futures is relatively limited. The causal effect of COVID-19 on agricultural futures is more pronounced at lower quantiles and in the spring and summer months. In general, COVID-19 has significant predictive power for the six agricultural commodity futures over 100 days in the analysis period, with the exception of cocoa and cotton.
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Promising Futures: An Integral Exploration of the Futures Thinking of High School Teachers
The perceptions of the time that is to come that are created and expressed through the sets of values, beliefs, of individuals and of groups. Futures research emerged as an academic discipline beginning with the publication of On Thermonuclear War by Herman Kahn in 1960. Through the 1970s futurism was popularized by writers such as Alvin Toffler (1980) . From the mid-1980s to the mid-1990s as researchers such as Richard Slaughter (1998) , Francis P. Hutchinson (1996) AU17: The in-text citation "Hutchinson (1996)" is not in the reference list. Please correct the citation, add the reference to the list, or delete the citation. , and Wendell Bell (1997) AU18: The in-text citation "Wendell Bell (1997)" is not in the reference list. Please correct the citation, add the reference to the list, or delete the citation. brought a greater degree of synthesis and academic rigor to the field.
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The Role of Financial Innovation and the Derivatives Market in the World and Turkey in the Context of the Global Crisis of 2008
They are the contracts including the delivery or receipt of a specific spot product, of which price is determined today.
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