Hello, I have an agriculture economics-related question about commodity futures and can not seem to figure out the answer? Here is the picture of the image below.

Question 9 A buyer of cattle futures is said to have a demand for a cattle futures contract only when: 0 The buyer is willing and able to purchase cattle futures. O The price of the cattle futures is high enough to allow the seller a prot. 0 The buyer is bullish and wants to own cattle futures, even though she needs nancing. 0 An adequate supply of the commodity is available for purchase