What is a 'Commodity Futures Contract'. A commodity futures contract is an agreement to buy or sell a predetermined amount of a commodity at a specific price on a specific date in the future. Buyers use such contracts to avoid the risks associated with the price fluctuations of a futures' underlying product or raw material.
The official cause of J. Edgar Hoover's death is listed as a heart attack. The news reports the day after his death had indicated his death was due to the effects of high blooâ¦d pressure. No autopsy was performed, which has led to speculation that other factors may have caused his death, including poisoning.
President Hoover Faces the Depression Unfortunately, Hoover did not end poverty in the U.S.A. as he predicted. In fact, he had to face the worst Depression in American history. The stock market crashed on October 29, 1929, seven months after Hoover became president. The market kept declining for the rest of that year. Many banks that held