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.
Hoover was the first president to have a telephone sitting on his desk. Hoover is ranked as an average amongst the Presidents of US. Herbert Hoover died in New York, New York on October 20, 1964. He was 90 years old.