Tightening US old crop supply could rally nearby futures If demand needs to be slowed or rolled into new crop.

偏紧的美国旧作供应量可能使得近期合约期价上涨，需求可能会减慢或者转而对新作大豆有所需求。

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Options for months for which there are no futures contracts. The underlying futures contract for a serial option month would be the next nearby futures contract.

为没有期货合同的月份而准备的期权。这种分期期权的原生期货合同是接下来的近期期货合同。

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While a contango, the more common scenario with futures, implies that nearby contracts are cheaper than forward ones, backwardation refers to the opposite scenario, in which nearby prices are higher.

然而未来铝价呈现顺价结构将会成为一种更为普遍的现象，这意味着近期合约价格要比远期合约价格更低，而铝价倒挂的情况刚刚相反。

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No serious longer-term chart damage has yet occurred in nearby gold futures.

FORBES: P.M. Kitco Metals Roundup: Gold Ends Down, at 6.5-Month-Low Close, on More Technical Selling

Amid the anxiety of what might come next from the Fed, the yield curve continues its steepening bias with nearby Eurodollar futures making slim gains while deferred contracts are firmly lower midweek.

FORBES: Inflation Fears Start To Bludgeon Bond Prices

Taking a look at the bigger picture, Figure 2 reveals a monthly chart for nearby crude oil futures.

FORBES: Crude Oil Wants To Slip Below $80 Again, Test $78