Without using a table, a farmer hedged 3 futures contracts to protect her selling price of wheat. She enters February 2023 with 3 July futures contracts at $5.37 each. She exits the market August 2023 at $4.95. She expected basis to be -$0.20 but it ended up -$0.15. Find her actual net price.5.2213. A farmer stored at harvest on Oct. 31st and plans to store until March 1st. The cash price at harvest was $6.80 (October futures was $7.30 and basis was -$0.50). The March futures price back in October when the farmer enters the futures market was $7.43 and expected March basis is -$0.35.The farmer stored until March 1st. He exited the futures market at $7.45 and actual basis was exactly as expected, at -$0.35.The total storage costs would need to be below _______ per bushel to make this storage hedge profitable.

Without using a table, a farmer hedged 3 futures contracts to protect her selling price of wheat. She enters February 2023 with 3 July futures contracts at $5.37 each. She exits the market August 2023 at $4.95. She expected basis to be -$0.20 but it ended up -$0.15. Find her actual net price. 5.22 * 13. A farmer stored at harvest on Oct. 31% and plans to store until March 1'. The cash price at harvest was $6.80 (October futures was $7.30 and basis was -$0.50). The March futures price back in October when the farmer enters the futures market was $7.43 and expected March basis is -0.35. * The farmer stored until March 1s. He exited the futures market at $7.45 and actual basis was exactly as expected, at -0.35. The total storage costs would need to be below __-0.28 per bushel to make this storage hedge profitable