As time passes, the option seller adjusts his hedge position by buying or selling some quantity of the underlier to counteract changes in the price of the underlier.
Results were partially offset by: (iii) lower soybean, white rice and dairy prices; and (iv) a $9.9 million lower unrealized gain from our commodity hedge position.
Looking at your current hedge positions, how much of an upside could this give to your rupee earnings and what is the outlook primarily for the next year?