THREAD:
I’m going to be sharing more in the coming weeks on the basics of exchanges & the products they offer. One such product is futures; below is a great example of why futures products are so important to businesses and the economy as a whole.
Read on for more 
Dalio & his fund found a way to use corn & soybean futures to lock in costs to the chicken producer, allowing them to turn around and offer a fixed chicken price to McDonalds.
The result? $MCD launched the McNugget in 1983:https://www.youtube.com/watch?v=sy399X7fx7A …
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Corn, soybean and other agriculture futures trading accounts for over $450M in
$CME revenue per year - showing the massive scale and demand for these kind of hedging instruments.Show this thread -
Link to CNBC story covering this:https://www.cnbc.com/2018/05/03/how-ray-dalio-helped-launch-mcdonalds-chicken-mcnugget.html …
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