22 unchanged sentences
The limits policy is overseen at a high level by our corporate middle office and compliance team, with day-to-day monitoring procedures being implemented within each individual business unit to ensure any limits overages are explained and exposures reduced, or a temporary limit increase is established if needed.
−Removed: The position limits are
−Removed: reviewed at least annually with our senior leadership and the Board of Directors.
+Added: The position limits are reviewed at least annually with our senior leadership and Board of Directors.
We monitor current market conditions and may expand or reduce our net position limits or procedures in response to changes in those conditions.
33 unchanged sentences
In addition to specific transactional exposure, foreign currency fluctuations can impact the ability of foreign buyers to purchase U.S.
−Removed: agricultural products and the competitiveness of U.S.
+Added: agricultural products and competitiveness of U.S.
agricultural products compared to the same products offered by alternative sources of world supply.
From time to time, we enter into foreign currency hedge contracts to minimize the impact of currency fluctuations on our transactional exposures.
−Removed: The notional amount of our foreign exchange derivative contracts was $1.9 billion as of August 31, 2023 and 2022, respectively.
+Added: The notional amount of our foreign exchange derivative contracts was $1.5 billion and $1.9 billion as of August 31, 2024 and 2023.
Compared sentence by sentence after normalising whitespace, quotation marks, case and digits, so re-formatting and restated figures do not read as changed language. Wording changes appear as one removal and one addition. The current filing and the prior one are authoritative.