You may hedge your risk of prices of a different but related product. E.g. a bread manufacturer wants stability on their cost of goods, so they may buy wheat f

You may hedge your risk of prices of a different but related product. E.g. a bread manufacturer wants stability on their cost of goods, so they may buy wheat futures even though they don't ever want to receive direct shipment of wheat, they're dealing with specific regional flour suppliers but the wheat futures at a major location are a good proxy for that price.