On March $1,$ the price of a commodity is $$1,000,$ and the December futures price is $$1,015.$ On November $1,$ the price is $$980,$ and the December futures price is $$981.$ A producer of the commodity entered into a December futures contracts on March $1$ to hedge the sale of the commodity on November $1.$ The producer closed out its position on November $1.$

The effective price realized is therefore $\_\_\_\_\_\_\_\_\_\_\_.$