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　　The spot price of corn on April 10th is 207 cents/bushel. The futures price of the September contract is 241.5 cents/bushel. Assuming the hedgers are net short. Concerning the expected spot price of corn in September, which of the following statements is most accurate?
　　A. The expected spot price of corn is higher than 207.
　　B. The expected spot price of corn is lower than 207.
　　C. The expected spot price of corn is higher than 241.5.
　　D. The expected spot price of corn is lower than 241.5.
　　Answer: C
　　If hedgers are net short forward contracts, they expect that they will be able to sell corn at an expected spot price that exceeds the forward price of 241.5.