Question $1$:

Entity A is a whisk$($e$)$y producer that partly grows the barley needed on its own plantations and partly buys it externally. In order to secure production, Entity A buys a considerable amount of barley on a forward contract basis. Entity A intends to get the barley supplied to them. In January $01$ Entity A buys forward contracts with the longest available duration $(6$ months$)$ in the amount of the expected yearly requirement for barley, intending a subsequent $$roll$-$over$.$ In April $01$ Entity A closes some of the July contracts and acquires September contracts.

Task: Is this considered to be an $$own$-$use derivative$?$

Question $2$:

Entity B manufactures guitars. It buys spruce wood and rosewood in the amount needed for the expected extent of production with forward contracts. These contracts give Entity B the option of either wood delivery to them or cash settlement. Entity B is planning to choose delivery and has no $$past practice$$ of cash settlement.

Task: Is this considered to be an $$own$-$use derivative$?$

Question $3$:

Entity C is a steel producer and sells steel to its clients on a forward contract basis. These contracts allow Entity C to choose between cash settlement and steel delivery. Based on production capacities and stocks Entity C would be able to fulfil all contracts with the delivery option. This is also the declared intention of Entity C$.$ Entity C has a past practice of cash settlement for contracts in the money and actual delivery for contracts out of the money.

Task: Is this considered to be an $$own$-$use derivative$?$