Just ripped thru the first two lessons on this blog - I can't tell you how grateful I am to have found this information.
I am a grain producer in Alberta myself, and also work a day job as an agricultural account manager for an Ag financial institution. I can tell you that in the "white collar" portion of my ag career (Ag accountant turned Ag banker), that the piece that sets the "great" producers apart from the "okay" producers from a financial standpoint, is their knowledge of grain markets and how to properly market and hedge their production.
I am glued to my email inbox awaiting the next installation into this series. If you have any additional resources to recommend I am all ears and eager to learn.
What I always asked myself: how do these crazy codes for the months come about? F-G-H-J-K-M...
Have the inventors here perhaps had too much "liquid cereal" 🥃🤪🥴 ? Or has one fallen back on some Mesopotamian (homeland of the primeval grain) alphabet 🧞♂️ ?
It is a good question! Answer is below, but largely to avoid confusion. For example, J could be January or June so they used F as a starting point and "I" was skipped because it would resemble a lowercase "L", "l".
Just ripped thru the first two lessons on this blog - I can't tell you how grateful I am to have found this information.
I am a grain producer in Alberta myself, and also work a day job as an agricultural account manager for an Ag financial institution. I can tell you that in the "white collar" portion of my ag career (Ag accountant turned Ag banker), that the piece that sets the "great" producers apart from the "okay" producers from a financial standpoint, is their knowledge of grain markets and how to properly market and hedge their production.
I am glued to my email inbox awaiting the next installation into this series. If you have any additional resources to recommend I am all ears and eager to learn.
Thank you - sincerely - again :)
Thank you! I really appreciate the kind comments and glad to know that you enjoy the work being published.
By the way, the next lesson will be made available tomorrow. Editing it as I write this 🤠
What I always asked myself: how do these crazy codes for the months come about? F-G-H-J-K-M...
Have the inventors here perhaps had too much "liquid cereal" 🥃🤪🥴 ? Or has one fallen back on some Mesopotamian (homeland of the primeval grain) alphabet 🧞♂️ ?
It is a good question! Answer is below, but largely to avoid confusion. For example, J could be January or June so they used F as a starting point and "I" was skipped because it would resemble a lowercase "L", "l".
https://www.quora.com/Why-are-futures-delivery-month-codes-so-strange-What-is-the-history-behind-these-codes
I am waiting for part 2
Thank you it is very useful course and I will be with you to the end
Thank you Saddam! This kind comment made my day!🤠
Great post as usual! Intro was 10/10 and while everything was basic, appreciated the refresher.