You expect to deliver 60,000 bushels of wheat to the market in September. Today, you attempt to hedge your position by selling futures contracts at the day's final price, on half of your expected delivery volume. Assume that the market price turns out to be 495.5 at the time you make your delivery in September. How much more or less would you have earned if you had not bought the futures contracts? Wheat - 5,000 bu.: cents per bu. September Open 491, High 492.5, Low 486, Settle 487.5, Previous settle 490.