Q: Will my subscription automatically renew?
A: Yes. If you take no action, your annual or monthly subscription will automatically renew. You have full control over your memberships and subscriptions in the My Account area of the website.
Q: You promised a no-questions-asked 30-day money back guarantee. How do I go about claiming that?
A: Our 30-day-money back guarantee applies to first 30-days of any subscription or membership. If you fall within these parameters, use the contact form on this page. Make sure to include your name and order number.
Q: I meant to cancel my subscription before the most current billing cycle but forgot to do so. Can I be reimbursed for the most recent month’s charges?
A: Unfortunately reimbursement is limited to the first 30 days of any subscription or membership. Make sure to cancel your subscription before the next billing cycle in the My Account area of the website.
Q: What is the mission of The Farm CFO?
A: The mission of The Farm CFO is to provide users with the necessary tools to stay competitive in today’s grain commodity markets by disrupting the agricultural industry through modern technology in ways that have not yet been used and integrating data from multiple resources in convenient, centralized ways.
Q: What is the Chicago Board of Trade?
A: The Chicago Board of Trade, or CBT for short, is the oldest futures exchange in the world.
Q: What is a basis?
A: A basis is the local price of grain relative to the Chicago Board of Trade price including transportation from the local source to Chicago.
Q: What is a contract?
A: A contract is 5,000 bushels of grain, which corresponds to the capacity of a train car.
Q: What is Hedging?
A: Hedging is the process of transferring price risk to the market.
Q: What are options?
A: Options are the rights to either buy (calls) or rights to sell (puts) an underlying futures contract at a stated price or strike in a given time window.
Q: What is option pricing called?
A: An option pricing is called a premium.
Q: What are futures?
A: Futures are financial instruments that allow anyone to buy or sell a commodity at a specific price, deliverable to a specific location, at a specific time, and for a specific quantity.
Q: What is a WASDE Report?
A: The World Agricultural Supply and Demand Estimates (WASDE) is a monthly report that contains annual forecasts for the supply and demand of wheat, rice, grains, oilseeds, and cotton.
Q: What is market volatility?
A: Market volatility is the short-term, unpredictable nature of markets to move up and down as prices fluctuate and heavy trading occurs.