Purpose of Commodity Futures in Investment Strategies

In the context of investing in commodities, futures contracts are important tools for managing risk and achieving exposure to various commodities. A futures contract is an agreement to buy or sell a specific quantity of a commodity at a predetermined price on a specific future date.

Consider the following statement regarding commodity futures:

"Investing in commodity futures allows an investor to gain exposure to price movements in underlying commodities without having to physically hold the commodity."

Which of the following statements best describes the primary purpose of commodity futures in investment strategies?