. . This is very simple. 1) When the delivery price on the same day is 0.75 USD, 1.00 USD and 1.25 USD respectively, the profit and loss of shorting in the forward or futures markets are (1-0.75) times 250,000 USD respectively, (1-.

2) Under the above conditions, the sales revenue of oranges is 0.75 * 250,000 =187,500 USD,1* 250,000 USD =25W USD,1.25 * 250 USD = 3125000 USD, respectively.

The above is the ideal situation. This is a hedge arithmetic problem. Of course, the actual situation will not be so ideal. You may not be able to get a short position at the price of 1 USD/lb.