The company hedged in Zhengzhou Futures Exchange, shorting at the price of 1330 per ton. Futures corn per lot 10 ton, which means that the company has 50 lots of corn empty orders. Corn futures have one spread per lot 10 yuan and 50 lots of 500 yuan. The company shorted on 1330 and traded on 1270, making a total profit of 60 points, that is, 30,000 yuan, and the "bilateral 6 yuan excluding futures trading fees" totaled 300 yuan. The result of hedging transaction is 9700 yuan.