please help!

A Farmer Production : Assume you are a farmer who just planted wheat in your fields. You anticipate that you will be able to harvest and sell 30,000 bushels of wheat sext July given normal yields. You really need to protect your returns this year given the poor returns you had last year because you only sold your wheat in the cash market. This year you decide to use futures to reduce your exposure to price risk. You look at the CBOT futures board and you decide to purchase enough futures contracts to cover 50% of your crop. Your purchase price for the ILY22 contract is the open for the day. Based on this information, answer the following questions below. Wheat Market: November 9, 2021 Contract Size : 5,000 bushels Price Unit: Cents and quarter-cents/bu. LAST OPEN HIGH LOW 7892 7692 7774 7844 7812 7820 7894 77644 MONTH Dec-21 ZWZ1 Mar-22 ZWH2 May 22 ZWA Ju-22 w Sep-22 Zw2 7856 7854 7934 7808 7754 7700 7820 7712 7755 TTT2 T81' NOTE: you must show all of your work to receive full credit L You decide to trade JLY22 wheat futures contracts to reduce your price risk. Which type of player are you? (2 pts) Circle one Hedger Speculator 2 If you want to reduce price risk, should you buy or sell JLY22 contracts? (2 pes) Circle one Sell Buy 3. If you want to cover 50% of your crop, how many contracts do you buy or sell Show yer work for full credit. 2) A Farmer Production : Assume you are a farmer who just planted wheat in your fields. You anticipate that you will be able to harvest and sell 30,000 bushels of wheat sext July given normal yields. You really need to protect your returns this year given the poor returns you had last year because you only sold your wheat in the cash market. This year you decide to use futures to reduce your exposure to price risk. You look at the CBOT futures board and you decide to purchase enough futures contracts to cover 50% of your crop. Your purchase price for the ILY22 contract is the open for the day. Based on this information, answer the following questions below. Wheat Market: November 9, 2021 Contract Size : 5,000 bushels Price Unit: Cents and quarter-cents/bu. LAST OPEN HIGH LOW 7892 7692 7774 7844 7812 7820 7894 77644 MONTH Dec-21 ZWZ1 Mar-22 ZWH2 May 22 ZWA Ju-22 w Sep-22 Zw2 7856 7854 7934 7808 7754 7700 7820 7712 7755 TTT2 T81' NOTE: you must show all of your work to receive full credit L You decide to trade JLY22 wheat futures contracts to reduce your price risk. Which type of player are you? (2 pts) Circle one Hedger Speculator 2 If you want to reduce price risk, should you buy or sell JLY22 contracts? (2 pes) Circle one Sell Buy 3. If you want to cover 50% of your crop, how many contracts do you buy or sell Show yer work for full credit. 2)