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AutoSave OFF DA S U w fe Q Search in Document Home Insert Draw Design Layout References Mailings Review View Share Comments v Times New...

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AutoSave OFF DA S U w fe Q Search in Document Home Insert Draw Design Layout References Mailings Review View Share Comments v Times New... 12 AA Aav po E BI U vaba x, x? ADA S AaBb CcDdEt AaBbCcDdEt E OB AaBbCcDdE AaBbCcDdE AaBbCcDc AaBbCcDdEt AaBb Normal No Spacing Heading 1 Heading 2 AaBbCcDdEt Subtle Emph... Paste Title Subtitle Emphasis Styles Pane 6. You are a corn producer interested in using the futures market to manage price risk. It is June, and you expect to harvest your corn in October. a. You have a (long/short) position in in the corn cash market. b. To hedge, you (buy/sell) futures. c. For most producers, it is not practical to deliver crop to the CME Group. For these farmers, explain the steps involved in using the futures market to hedge. d. What happens when your margin account gets below the maintenance margin? Page 2 of 3 514 words * English (United States) Focus E E . ' - - + 200% AutoSave OFF DA S U w fe Q Search in Document Home Insert Draw Design Layout References Mailings Review View Share Comments v Times New... 12 AA Aav po E BI U vaba x, x? ADA S AaBb CcDdEt AaBbCcDdEt E OB AaBbCcDdE AaBbCcDdE AaBbCcDc AaBbCcDdEt AaBb Normal No Spacing Heading 1 Heading 2 AaBbCcDdEt Subtle Emph... Paste Title Subtitle Emphasis Styles Pane 6. You are a corn producer interested in using the futures market to manage price risk. It is June, and you expect to harvest your corn in October. a. You have a (long/short) position in in the corn cash market. b. To hedge, you (buy/sell) futures. c. For most producers, it is not practical to deliver crop to the CME Group. For these farmers, explain the steps involved in using the futures market to hedge. d. What happens when your margin account gets below the maintenance margin? Page 2 of 3 514 words * English (United States) Focus E E . ' - - + 200%

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