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.
November 6, 1928 Hoover was elected President of the United States. November 19, 1928 Hoover began a seven week tour of Latin America and promised to establish policies that would make the U.S. a good neighbor. March 4, 1929 Herbert Hoover was inaugurated as 31st President of the United States.June 15, 1929 After Hoover called a special session of Congress, the Agricultural Marketing Act was passed, which established a Federal Farm Board that worked to stabilize agricultural prices.erbert Hoover was born in West Branch, Iowa, the second of three children on August 10, 1874. December 13, 1880 Herbert's father, Jesse Hoover, a blacksmith and farm implement store owner, died. February, 24, 1884 Hoover's mother, Hulda Minthorn Hoover, died.