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so name of the reading is the hedging strategies using the a futures contract can anyone help me understand what what should i what should we be thinking of hedging minimizing or mitigating your risk so these are the learning outcome the first one is understanding so we will understand what is the short and long hedges Im going to make you write down certain stuff so what I want you to write down is learning outcomes a have you given the heading in the loop so learning outcome a short and long hedges okay then below that write down short hedge short hedge make an arrow and say short on future contract short on future contract okay below that you will say that is i dot e dot that is natural long position natural long position on underlying asset natural long position on underline is it a natural long position of underlying asset yes a former so ashes says that a farmer will have a natural long position on the underlying asset II agree so you imagine farmer has a particular commodity l