Illustration 34.1: Futures versus Forward Contracts-Gold Futures Contract Assume that the spot price of gold is $400, and that a three-period futurescontract on gold has a price of $415.CHAPTER 34VALUING FUTURES AND FORWARD CONTRACTSA futures contract is a contract between two parties to exchange assets or servicesat a specified time in the future at a price agreed upon at the time of the contract.
Processed grains and baked goods that are made with them are high in acidity. Examples of these include white bread, white rice, pasta, biscuits, bagels, doughnuts, pastries and crackers. These are also low in fiber and nutrients. White bread has a pH of 5, while white rice has a pH of 6.rocessed grains and baked goods that are made with them are high in acidity. Examples of these include white bread, white rice, pasta, biscuits, bagels, doughnuts, pastries and crackers. These are also low in fiber and nutrients. White bread has a pH of 5, while white rice has a pH of 6.
Acid foods are foods that contain enough acid to have a pH of 4.6 or lower. Acidic foods can be processed safely in a boiling water canner, usually without added acid (lemon juice, vinegar or citric acid).This is necessary to control botulinum bacteria.oods can be acid because they are: 1  naturally acid foods. 2  foods that have acid, such as vinegar or lemon juice, added. 3  fermented foods, such as sauerkraut. 4  During the fermentation process bacteria produce an acid.