An IFRS Company Has 1,000 Bushels of Soybeans in Its

An IFRS company has 1,000 bushels of soybeans in its inventory and hedges the price risk of this inventory with a short futures contract locking in the selling price of 1,000 bushels of soybeans. As time passes, changes in the value of the inventory are not exactly offset by changes in the value of the futures contract because

A) The futures value consists of time value, which changes with time.
B) Spot rates and futures rates do not change by the same amount over time.
C) The inventory remains at cost while the futures are valued at market.
D) The inventory is revalued at the balance sheet date and the futures are revalued on a daily basis.