In June 2020 a wheat famer sells 120 January 2021 WA wheat futures contracts at price of $300 per metric ton. The contracts is written on 20 metric tons of wheat.. the wheat famer closes out his position in December 2020 when the January 2021 wheat future price is $270 per ton. At the same time the wheat famer harvests and sells 2400 metric tons of a different grade of wheat to a grain company for $255 per metric ton. What impacts the hedge have on the farmer's income