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If I hold on--if I rolled into July futures and hold on,
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I'm going to lose really big time,
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so I'm out--I'm out of the business.
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We sell off everything in the warehouse and we're done.
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This is the process by which warehousing is optimized
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and we get grain smoothly through the year,
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but it's the basic principle that we'll see in the next lecture--
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extends as well to other kinds of financial futures
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Next period, we're going to talk about other kinds of futures,
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including financial futures.