The term sample grade, in commodities exchange, refers to the lowest quality of a commodity, too low to be acceptable for delivery in satisfaction of futures contracts.
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References
- This article incorporates public domain material from Jasper Womach. Report for Congress: Agriculture: A Glossary of Terms, Programs, and Laws, 2005 Edition (PDF). Congressional Research Service.
This page was last edited on 30 January 2024, at 13:02