Exhibit 4.1: Managing Financial risk Example 1 Note: it doesn t matter whether the price of corn has increased or decreased by december If Price is $4.50 in December: Revenue from sale $90,000 Sale of four contracts at $4. 90 in May $98,000 Purchase of four contracts at $4.50 in December $90,000 Gain on futures transaction $8,000 Total revenue $98,000Exhibit 4.1: Managing Financial Risk – Example 1 • Note: it doesn’t matter whether the price of corn has increased or decreased by December. If Price is $4.50 in December: Revenue from sale $90,000 Sale of four contracts at $4.90 in May $98,000 Purchase of four contracts at $4.50 in December $90,000 Gain on futures transaction $8,000 Total revenue $98,000