Question: EXPLAIN THE FILL IN THE BLANK 10. Fill in the blank spaces/lines in the following two tables. Within these tables you will calculate the net
10. Fill in the blank spaces/lines in the following two tables. Within these tables you will calculate the net price received for both hedged and unhedged canola production. All numbers and calculations are in $CDN per tonne. February 16, 2024 November 6, 2024 Action in Cash Market You plan to plant canola this spring and hedge a portion Of your expected production You deliver and sell your canola to a local elevator Cash Market S605/tonne (target price or goal) S 555/tonne Results Of your hedge on November 6, 2024: you received in the cash market Your futures market gain or loss Commission costs (S Iltonne per trade) Net price you received for your hedged canola received for the unhedged portion Of your canola production (not hedged) February 16, 2024 September 6, 2024 Action in Cash Market You plan to plant canola this spring and hedge a portion Of your expected production You deliver and sell your canola to a local elevator Cash Market S Iton ne (target price or goal) S 71 Olton ne Action you would take in the Futures Market (buy or sell) -$5/tonne nonne Action you would take in the Futures Market (buy or sell) -S 15/tonne S I Olton ne Price Of the (Which contract month & year?) ICE canola Futures $580/tonne Price Of the (Which contract month & year?) ICE canola Futures $600/tonne $/ton ne Results Of your hedge on September 6, 2024: you received in the cash market Your futures market gain or loss Commission costs (S Iltonne per trade) Net price you received for your hedged canola received for the unhedged portion Of your canola production (not hedged)
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