... days. You can go on the Exchange and buy futures in the quantity and month desired. Assume then, that you pay6.00 for your futures. Now, whatever happens in the sugar market, you know you can ... cost you 2.00 more than you had figured, you havemade 2.00 on your futures. Profit and loss cancel each other. Your sugar cost is 6.00.On the other hand, suppose the market declines after you ... advisable to close out your Exchange contract. You sell your futures at 4.00, a loss of 2.00. But you will also buy your actual sugar at 4.00, which is 2.00 lower than you had planned. Your actual sugar...