The Matrix will greatly assist producers in their risk management planning as market or yield conditions change. As soon as the producer has created their individual grain profiles and respective plans, they can simply input incremental changes to yield and/or price along to see the impact of meeting both break-even and target revenue goals.
In addition, a producer will be able to estimate the impact of crop insurance by selecting the type & level of coverage to determine the estimated amount of payment they would receive.
By clicking on each individual cell within the Matrix, the producer will be able to see a complete breakdown of the revenue, including: cash sales, value of unsold inventory, brokerage positions, crop insurance, and payments.
New Commodity Types Added
Multiple Non-GMO, Food Grade, and Seed commodity types have been added to the “Crop” drop down selection in the “Add crop profile” page. The new commodity types are:
- Non-GMO White Corn
- Non-GMO Yellow Corn
- Non-GMO Beans
- Food Grade Yellow Corn
- Food Grade White Corn
- Seed Beans
Update to Recording Cash Fees
Producers are now able to input the fees for their cash sale transactions by both at a bushel level or per transaction.
Aggregate Reporting for Live & Feeder Cattle
Additional analysis reporting is now available for both live and feeder cattle. Administrators can simply go to the Reporting tab and select “Commodities.” Similar to Crop analysis, simply click on the link under Clients to review each individual producer.
Delta can now be monitored on your options positions. This is an optional functionality that you can turn on for your options positions. Simply click on the “Account” link at the top right hand corner of the screen and on the “Profile” tab, click on the box to the left of “Show Delta” under “Brokerage Settings.” Click on the green “Update” box to save your settings.
GrainBridge has added the delta quantity of bushels and the percentage that you are hedged to the overall production in the “Options trades” section.
At the individual trade level on the Options screen, you will find the Delta of the individual trade and the number of bushels hedged.
Grouping of Options Positions
Another sort option has been added in the “Group By:” drop down box. By selecting “Position” your trades will be sorted by the commodity profile and by the type of position. This will provide additional ease in the tracking and reviewing of your individual positions.
Brokerage Import Notation
When importing your brokerage trades, you will be able to add specific notes and/or assign the trade to a particular strategy. This will allow you to capture any pertinent information for your trades along with allowing you to measure the success of individual sets of decisions against one another.