For example, in traditional commodity markets, farmers often sell futures contracts for the crops and livestock they produce to guarantee a certain price, making it easier for them to plan. (en.wikipedia.org)
Those who sold futures contracts on the breaking news last night also have big losses this morning. (oldprof.typepad.com)
Imagine a market where the people who are buying and selling futures contracts expect the future price of the commodity to be lower than it is today. (tradinginsights.schwab.acsitefactory.com)