Tools and Tactics

Welcome to our tools and tactics page - the place to find most of the educational content on our site. We will add articles as we have time to develop them. We work hard to make this information useful. For the most part, it is a labor of love. Our founder always actively participated in facilitating the educational programs at the trading firms where he worked. James is a fierce believer in education. He founded Quartzite to make these tools and tactics available to agricultural producers through strategies like our Quartzite Precision Marketing program for grain and soybean producers. The goal of this page is to provide enough quality content over time so that anyone could work through it and become a competent and confident marketer and risk manager. Of course, if you would prefer to save some time and hire us to do the job for you, we'd be happy to discuss if we'd be a good fit for your operation.

Hopefully each of these articles comes in less than a thousand words. So, we might cover some of the more complex topics in a series of articles. We will also try to post the content in a logical progression. Undoubtedly, we will need to go back to fill in gaps as we receive feedback and questions. To that end, we strongly encourage you to send us your feedback and questions - we want this content to be useful.

We will present the content on this page as an outline that will link to individual topics. Most of that content will be available with no barriers. Some advanced articles might only be available upon request. We will ask for your name and email, and we will send you a PDF within a few business days. We are not going to send you loads of spam or sell your information. We will contact you a few times per year to check-in, occasionally let you know about a new article, or let you know what else is happening at Quartzite. Of course, you can opt-out whenever you would like.

We hope you find this information useful, and we are thankful you are taking the time to read it. We look forward to hearing from you as it develops. Thanks.



Tools and Tactics for Marketing and Risk Management


New to the concept of hedging? Start here: Grain Hedging: What it is and Why it is Essential


Tools:

  1. Tools for managing risk

    1. Derivatives

      1. Forward Contracts (coming soon)

      2. Futures Contracts (coming soon)

      3. Option Contracts (coming soon)

    2. Crop Insurance (coming soon)

  2. Tools for measuring risk (The Greeks)

    1. Delta

      1. Introduction to Delta

      2. Why Physical and Futures are Different

      3. Converting Physical to Futures

      4. Option Deltas

        1. The Basics

        2. A Crude Model

    2. Gamma

    3. Theta

      1. Theta

      2. Theta - Part Two

    4. Vega (coming soon)