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Suppose you purchase a July 2018 rough rice futures contract on March 27, 2018, at the last price of the day. Use Table 25.2. What

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Suppose you purchase a July 2018 rough rice futures contract on March 27, 2018, at the last price of the day. Use Table 25.2. What will your profit or loss be if rough rice prices turn out to be $13.2113 per hundredweight at expiration? (Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16) Gain $ 20,439.00 Agriculture Futures Corn (CBT)-5.000 bu:cents perbu May 374.00 376.00 372.25 374.00 655 498 July 282.50 384.50 380.75 382.50 484,252 Oats (CBT)-5.000 bu.cents per bu May 227.75 228.75 225.50 226.00 --50 4,472 July 236,50 236.50 233.00 233.50 -1.75 1,137 Soybeans (CBT) 5,000 bucents per bu May 1027.00 1031.25 1017.25 1019.50 -6.00 352,099 July 1037.75 1042.00 1028.00 1030.25 6.25 244,829 Soybean Meal (CBT)-100 tons: Sperton May 376.70 378.50 371.50 372.40 -2.60 190,304 July 379.40 381.00 374.20 375.10 -2.70 123,062 Soybean Oil (CBT)-60,000 lbs.cents perb May 31.46 31.64731.35 31.58 .12 237,560 July 31.72 31.89 31.61 31.85 13 123,056 Rough Rice (CBT) 2,000 cwt Spercut May 1242.00 1250.00 1239.50 124450 -1.50 5814 July 1261.50 1262.50 1255.00 1261.00 1,348 Wheat (CBT)-5000 bu:cents perbu May 454.25457.50 448.75 449.00 -5.25 223,995 July 471.50 474.00 466.00 466.50 -5.00 128,565 Wheat (KC) 5,000 bu.cents per bu May 469.50 473.00 463.75 464.00 -4.25 108,637 July 488.50 492.00 483.00 483.50 -4.25 80,634 Wheat (MPLS) 5,000 bu: cents perbu May 597.75 604.00 591.25 583.25 -4.00 32,649 July 605,25 61125 599.75 601.75 -3.25 12,612 Cattle-Feeder (CME) 50,000 lbs, cents per ib. March 135.000 135.800 135.000 135.425 .500 3,284 May 135.550 137.875 135425 136.350 800 19,288 Cattle-Live (CME) 40,000 lbs.cents per lb. April 115.400 116.575 115.000 115.425 250 45,226 June 105.325 106,675 104.900 105.250 -050 160,211 Hogs-Lean (CME) 40,000 lbs, cents perib April 58.000 58.725 57.525 57.750 -275 25,619 June 74.150 74.750 73.725 74.025 - 075 97,970 Lumber (CME)-110,000 bd. ft. Sper 1,000 bd. ft May 499.40 507.10 498.00 507.00 9.90 5,421 July 485.00 494.90 482.00 494.90 10.00 813 Milk (CME)-200,000 lbs cents perb March 14.22 14.23 14.22 1422 4245 May 14.39 14.40 1431 1439 .05 3,379 Cocoa (ICE-US)-10 metric tons Sperton May 2,623 2623 2,534 2,554 -61 110,387 July 2,650 2,650 2,564 2.583 -59 76,393 Coffee (ICE-US)-37 500 lbs.cents par b. 118.40 119.75 117.70 118.95 .80 140,765 July 120.45 121.70 119.80 121.00 1.60 59291 May

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