The Chicago Mercantile Exchange offers many financial instruments that help manage weather$-$related risks. Consider an example based on rainfall, where parties agree that for each inch of rain over and above the average rainfall for a particular month, the seller will pay the buyer $$1,000.$ Who could benefit from buying such a contract? Who could benefit from selling it$?$

This instrument could be sold by someone who $($Click to select$)$ above average rainfall, and someone who $[$ above average rainfall should buy the contract.