单项选择题

Futures prices don't reflect the market price of cattle in that __________.

A．there is oversupply of futures
B．futures were overpriced previously
C．bigger companies with lower costs force down futures prices
D．big companies ensure that futures were higher than the price of cattle
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单项选择题
The author shows that cattle prices went down as the result of
A．a drop in demand for cattle
B．the mass sell-off of cattle futures
C．big commercial feedlots selling their cattle
D．people selling their cattle to cover their losses
单项选择题
What advantage did the huge sell-off of futures give to big commercial feedlots
A．It allowed them to charge high prices for cattle.
B．It allowed them to buy out smaller farm feeders.
C．It allowed them to push down the price of cattle.
D．It allowed them to sell futures at artificially low rates.
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