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Ode to Ladislav Sutnar plus Trading Places with Planet Money

99% Invisible

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How to Trade Agricultural Commodities

William Shatner: Most commodity traders go their whole careers without ever seeing the physical product. He says people like Tom Peronas who do this in real life are trading contracts on pork bellies. The future promise to deliver a certain amount of pork bellies at a certain time at a certain price, he says. But before the contract expires and the actual good has to be delivered, that trader needs to unload the contract.

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