3 Record the Negotiated Deal
Once the room has agreed on numbers, enter them here.
4 Three Months Later — Reveal What Actually Happened
Pick one scenario to reveal live, or type in any actual harvest-time price.
📋 Debrief Questions
- Both the farmer and the FMCG buyer locked in a price. Did they both "win"? Can both sides of a forward contract come out ahead at the same time — relative to what they were afraid of?
- Whoever's hedge looks "wrong" in hindsight — did they make a bad decision, or a good decision that just didn't pay off this time? What's the difference?
- Nanoo's outcome never changed, no matter what the actual price turned out to be. Why? What did Nanoo actually get paid for?
- What would have happened to Nanoo if the farmer had defaulted — refused to deliver oranges at ₹6.70 because the open market price was much higher? This is counterparty risk — one reason real forward markets often use exchanges and margin instead of a handshake.
- The farmer's break-even was ₹5.50 and the FMCG buyer's ceiling was ₹9.00 — a ₹3.50 negotiating range. What determines where inside that range the price actually lands?
- This contract was for oranges at a single price for a single date. What's actually being priced here — and how is that different from just guessing the future spot price?