Archer Daniel Midland plans to purchase 15,000 bushels of soybeans in July. In January, when the spot price of soybeans was $6.94 /bushel, ADM hedged the entire planned purchase with September futures contracts 5000bu/c at 670. ADM lifts the hedge in July. The spot price of Soybeans is now $6.76 /bushel and the basis on September futures is now $0.08

ADM's profit (loss) on its futures position is $______

ADMs revenue (expenditure) on the spot market is $ ______

ADM's net revenue (expenditure) is $ ________

ADMs effective price per bushel is $_______