market was a market not in the commodity itself but in the price right by entering into the futures contract you weren't buying in selling wheat or corn you were buying and selling the
Speculative futures traders resemble stock traders, only in a time when the most valuable commodities were grain. Each trader relies on an agreement between themself and another party to exchange a given amount of a commodity for a specific price. Similar to stocks, futures contracts were holdings that, in the representation of ownership over valuable commodities, could be bought, sold, and traded. In doing so, you want the value of a particular contract to be as high as possible when selling and low as possible when buying, in order to make the most return on your investment. This system has led to a disconnect between the source of specific commodities and how we understand them to be bought, sold, traded, and used.