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A hedger buys a futures contract, taking a long position in the wheat futures market. What are the hedger's obligations under this contract? He is

A hedger buys a futures contract, taking a long position in the wheat futures market.
What are the hedger's obligations under this contract?
He is promising to the wheat at a (Click to selegt)v price on a future date.
(Click to select)
Describe the risk that is hedged in this transaction fixed variable ho might enter into such an arrangement. He is hedging against the risk that the price of wheat will rise wheat in the future might enter into such a transaction.
. Someone who anticipates needing to b
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