Hedging Transaction

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....unter-contracts for the purchase or sale of an equal quantity of the product or of the material of manufacture. Whorley v. Patton-Kjose Co., 90 Mont. 461, 5 P. 2d 210, 224.A means by which a party who deals in the purchase of commodities in large quantities for actual delivery at some future time insures itself against unfavourable changes in the price of such commodities by entering into compensa....