The owner of 100,000 bushels of corn wishes to hedge his position for a sale in 150 days. The current price of corn is $6.935/bushel, and the contract size is 5,000 bushels. The interest rate is 3.25%, compounded daily. The storage cost for the corn is $40/day. Assume the cost of storage as a percentage of the contract per year is 1.4%. Compute the price for the appropriate futures contract used to hedge the position.