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A trader at an agricultural commodity trading company is evaluating the risk of a potential continuous downward trend in orange juice prices. The trader notes that the trading company has entered into a forward contract to purchase a large volume of orange juice 3 months from now. Which of the following actions is most appropriate for the trader to recommend to hedge the risk of a potential decrease in orange juice prices?
A
Request a termination of the forward contract on orange juice prior to expiry.
B
Purchase a put option on the 3-month orange juice futures contract.
C
Enter into another forward contract on orange juice at a lower settlement price.
D
Enter into a floating-for-fixed swap on orange juice as the fixed-price payer.