Case Studies
See How Farmers Are Succeeding With Hedging & SimpleHedge
Navigating commodity markets can be overwhelming, especially if you haven’t used your ag economics skills in a while. That’s where SimpleHedge comes in—to make the process simpler, faster, and tailored to your needs.
Let me tell you about a Saskatchewan farmer, who was in a similar situation.
Case Study:
Challenge: He had never hedged with options or futures before, but had heard his neighbours using them. Like many farmers, he had gone to seminars and heard generic advice that never really fit their specific needs. He felt unsure about how to protect their farm from market fluctuations.
Solution: Using SimpleHedge, he was able to quickly create his account and set up personalized hedging strategies that made sense for his family’s farm.
Result: Within just a few weeks, they had bought a put above their cost of production which resulted in an additional $52,400 that they wouldn’t have otherwise had.
See How Manitoba Farmer Hedged His Soybeans
Navigating the ups and downs of commodity prices can feel like a daunting task, especially with so much on the line each season. SimpleHedge is here to make it straightforward, effective, and aligned with your farm’s needs.
Let me share the story of a Manitoba farmer who found himself facing the same challenges.
Case Study:
Challenge: Like many farmers, he was concerned about protecting his income as soybean prices fluctuated. Managing 1,447 acres of soybean, he wanted a way to secure his prices but wasn’t sure where to start. He’d heard about options and hedging strategies from neighbours but hadn’t yet found a practical solution that worked for his operation.
Solution: With SimpleHedge, he was able to easily set up a customized hedging strategy that fit his farm’s unique circumstances. The platform made it simple to monitor the market and lock in prices with a strategy designed to manage risks effectively.
Result: By hedging his soybean acres, he ultimately secured a price that resulted in an additional $30,525 USD in revenue—money that would have been lost as prices declined.
See How Alberta Farmer Re-Entered The Market After Selling His Physical
Let me tell you about an Alberta farmer who sold his physical grain and wanted to get back into the market.
Case Study:
Challenge: This farmer sold his physical canola, thinking he had locked in a good price. However, shortly later, prices began to rise and he was concerned about missing out on potential profits. Unsure of how to re-enter the market, he looked for a way to make up for the lost opportunity.
Solution: Using the SimpleHedge app, he quickly set up a strategy to get back into the market, giving him the flexibility to benefit from the rising prices.
Result: With this approach, he increased his profits by an additional $30,200—value that he would have otherwise missed out on.
Saskatchewan Farmer Secured Floor Price Without Committing To Physical Sales
Let me tell you about a Saskatchewan farmer who wanted to secure a floor price without committing to a physical sale contract.
Case Study:
Challenge: This farmer was uncertain about their crop production and worried about the risk of cancellation fees from a grain elevator if they couldn’t meet their contract. They wanted a way to secure a floor price for their grain without committing to physical sales that they might not be able to fulfill.
Solution: Using SimpleHedge, they discovered how to set up a floor price without selling their physical grain, giving them flexibility and peace of mind while they waited to see how their crop would turn out.
Result: By hedging instead of committing their physical grain, they successfully avoided cancellation fees and protected their potential revenue in a way that worked best for their farm.
