{"href":"https://api.simplecast.com/oembed?url=https%3A%2F%2Fgrowing-the-future.simplecast.com%2Fepisodes%2Flearn-to-hedge-no-body-showed-you-vwGI9xzU","width":444,"version":"1.0","type":"rich","title":"Learn To Hedge: No Body Showed You","thumbnail_width":300,"thumbnail_url":"https://image.simplecastcdn.com/images/1fa356cd-6e54-41a2-bbf4-99a91ee4ce68/383c3d9c-8272-4271-bcc4-b7fdc3aceab3/cropped_1791320267540.jpg","thumbnail_height":300,"provider_url":"https://simplecast.com","provider_name":"Simplecast","html":"<iframe src=\"https://player.simplecast.com/414f343b-0272-4b68-baae-361ae7ed0f26\" height=\"200\" width=\"100%\" title=\"Learn To Hedge: No Body Showed You\" frameborder=\"0\" scrolling=\"no\"></iframe>","height":200,"description":"Dan Aberhart opens by pointing out that every grain farmer already has millions of dollars riding on prices, whether or not they trade, and asks who is teaching them to manage it. Ryan Bonnett explains that dealerships train farmers to run machines but nobody trains them to use the marketing tools, so many people stumble in, get burned, and write the whole thing off. He tells his own story of early wins followed by a long losing streak and a coach who asked what his system was. The rest of the hour covers why discipline matters more than the choice of strategy, how options act as price insurance, how to think about crops that can't be hedged, and what he teaches in the course. Producers leave with a better question to ask about every sale they make."}