The Farmer and the Baker Jamela and Mohammed agree to a forward contract Jamela agrees to deliver 100,000 bushels of wheat at $2.00 a bushel in one month,and Mohammed agrees to pay the $200,000 on delivery in a forward contract market. Assuming the crop doesn't fail,both parties have hedged their obligations THE COURSE OF FINANCE 2017 SPRING SJTU 10The Farmer and the Baker  Jamela and Mohammed agree to a forward contract  Jamela agrees to deliver 100,000 bushels of wheat at $2.00 a bushel in one month, and Mohammed agrees to pay the $200,000 on delivery in a forward contract market.  Assuming the crop doesn't fail, both parties have hedged their obligations THE COURSE OF FINANCE 2017 SPRING SJTU 10