Can anyone help me with this question.Thank you in advance :)

Use the settlement price quotations in the following extract from the ASX website on 15 November 2019 to answer question.

1.On 15 November 2019, a wheat farmer became concerned that by the time her 200 metric tonne crop was ready for delivery in April 2020 that the price would fall below $335 per tonne - her break-even price. Given that one wheat contract is for 20 metric tonne, show how the farmer can lock in a profit for her business by entering and subsequently reversing a futures market position, if by April the spot price fell to $230 per tonne while May futures price fell to $332 per tonne.

i) outline a possible strategy.

ii) Calculate her profit or loss if all futures contract decreased in value by 60%.

Eastern Australian Wheat (WM) Futures tandem Ted Wome PS 342.00 15/11/19 13:45 341.00 343.00 343 00 15/11/19 13:41 Prices are DELAYED by a minimum of 20 minutes Ass Jan 20 33450 363.00 Mar 20 33150 360 00 May 20 37100 220 34000 Sep 20 Jan 21 342 00 346.00 348.50 348.50 12/11/10 1736 Jan 22 343 00 333.50 328.50 Lasten 2010 17:45 Type Month Category Commodity Markets Security Eastern Austrata Feed Bane (UB) Futures Eastern Australia Feed Barley (UB) Futures Last de Trofeo 30000 Prices are DELAYED by a minimum of 20 minutes IN Nov 19 Jan 20 295.00 M 20 May 20 309.00 Jul 20 31600 273 00 270.00 10/11/19 18 30 15/11/19 13:41 270.00 270.00 27700 20100 Sep 20 Jan 21 281.00 27900 Jan 22 279.00