Provide a stepwise synthesis for the following. 
Definitions:
Futures Price
The agreed-upon price for a financial instrument or commodity to be delivered and paid for at a future date.
Orange Juice
A liquid extract of the orange tree fruit, consumed as a beverage or used in culinary dishes and as a commodity traded on futures markets.
Futures Contracts
Standardized legal agreements to buy or sell a financial instrument or physical commodity at a predetermined future date and price.
Profit (Loss)
The financial gain or loss resulting from revenue generated minus the expenses of operating the business.
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