A forward contract is just an agreement to transact in the future at some given price.

远期合约是这样的一份协议它是在某个给定的价格进行交割的合约。

Thus 100 quarters of wheat for spot delivery will buy 98 quarters for forward delivery.

因此，100 夸特的即期交割小麦可购买 98 夸特的远期交割小麦。

Futures markets are even more sanguine: buying crude for delivery in December costs around $85 a barrel.

期货市场甚至更加乐观：12 月份交割的原油价格约为每桶 85 元。

That house has been sold and is about to settle so that will have people moving into it very soon.

那所房子已售出并即交割，因此很快就会有人搬进。

Hedge funds will go short, selling a contract to deliver a Treasury, in the futures market and then buy that Treasury in the cash market.

对冲基金做空，在期货市场上出售交割国债的合约，然后在现货市场上购买该国债。

A futures contract guarantees the seller a specified price in advance, regardless of what the market price may turn out to be at the time of delivery.

期货合约提前保证指定的价格，无论交割时的市场价格是多少。

The reference price for electricity and for the settlement of many long-term agreements is set on the spot market, where the physical delivery of electricity is traded for the next day.

电力和许多长期协议结算的参考价格是在现货市场上确定的，在现货市场上，电力实物交割交易的都是次日的电力。

Futures contracts are made for delivery of gold, oil, soybeans, foreign currencies and many other things at some price fixed in advance for delivery on a future date.

期货合约是为了预先确定的价格在未日期交割黄金、石油、大豆、外币和许多其他物品而制定的。

So are futures prices for delivery in December 2022, reflecting in part the cancellation of the Nord Stream 2 pipeline from Russia to Germany, which had been hoped to ease supply this year.

2022年12月交割的原油期货价格也是如此，这在一定程度上反映了从俄罗斯到德国的北溪2号(Nord Stream 2)管道的取消所产生的后果，人们本希望该管道能缓解今年的供应紧张。

In 1976 the nymex potato-futures market, based on a red variety from Maine, imploded after speculators holding 1,000 contracts involving 23,000 tonnes of the crop failed to deliver on time.

1976 年，基于缅因州红色品种的纽约商品交易所马铃薯期货市场在投机者持有 1,000 份涉及 23,000 吨作物的合约未能按时交割后崩溃。