Synonyms that are in the dictionary are marked in green. Synonyms that are not in the dictionary are marked in red.
Antonyms that are in the dictionary are marked in green. Antonyms that are not in the dictionary are marked in red.
In other words, the front-month on March 29th was April trading at $1.991 and today it's June futures at $2.
In this case investors receive the closest exposure they can get to the spot price of a commodity, as the front-month and spot prices tend to move closely together.