In today's podcast, we discuss the greek Delta!  

Delta measures an option's sensitivity to movements in the underlying price of the financial instrument.  

It's the easiest to understand greek (in our opinion) and it's the most applicable to measurements of your farm's overall risk profile.  Applying the principle of Delta to your farm's overall price risk is a powerful way to "reframe" how you think about your grain marketing.

In today's episode in our Week of Greeks podcast series, we discuss vega!  

Vega is used to measure an option's price sensitivity to implied volatility.  We also discuss the concept of implied volatility, and its seasonality, in grain markets.

We're kicking off a daily podcast series that dives into how options are priced, with a focus on "The Greeks".

This isn't meant to give you an "edge" in your hedging, rather an education on these metrics.  Option prices are sensitive to numerous market factors and we will be going through the main four: Delta, Gamma, Vega, and Theta.

Someone recently pointed out an issue they had with our Terms of Service.  They thought we were in the business of selling our customers' data.

That couldn't be further from the truth!

In this episode, we discuss the change we recently made to our Terms of Service.  This change more closely aligns with our values as a company.

You can view the Terms of Service here:  https://www.harvestprofit.com/terms-of-service

In this episode, we discuss how reframing your grain marketing decisions can help you win the battle against uncertainty on your farm.  Whether it's tracking them on a spreadsheet, in software, or on pencil and paper...reframing your grain marketing actions can greatly help you fight the biases that easily trip up your decisions.

In today's episode, we discuss the timing of grain marketing decisions with a look back to 2010.

Our Spreadsheets for Farmers email course is free for the next few days! 

This email-based course includes 25 lessons delivered via email that cover all aspects of farm-focused spreadsheet use cases.  We cover both Microsoft Excel and Google Sheets.

Visit HarvestProfit.com/spreadsheet (coupon code = free) to sign up and begin the course!

In this episode, Nick shares a story about the day someone stole the mouse from his computer.  And why that was a game-changing experience for his career....

In this episode, we fill you in on some Harvest Profit news.  We are going to make our Spreadsheets for Farmers course free this coming week!

This is an email-based course that covers 20+ farm-focused tutorials in Microsoft Excel and Google Sheets.  1,000+ people have taken this one-of-a-kind course that's focused on putting your farm financial skills on steroids!

There are going to be more and more farms trading hands in the next year.  Probably the most we've seen in a decade or more.

Are your numbers in order so you can quickly evaluate any situations that you come across? 

In this episode, Nick talks about a couple of situations he's seen where growers sublet a rented farm to another grower.  And both of them see a positive net income benefit from the transaction.