
Good afternoon, everyone. Thank you all for joining us today. I'm Morgan a trade implementation coordinator here at Bushell. Before starting with Bushell, I spent seven years working in the green industry doing everything from weighing trucks and grading grain to writing farmer contracts and hedging through an oak trading system. I also currently help with my many aspects of my husband's family farm here in Central Illinois. So I've been a part of nearly every side of the grain industry from when the seed goes into the ground all the way to the harvested crop being put on a barge down the Illinois and Mississippi Rivers. My role at Bushel is part of the implementation team where we offer training to all agribusinesses going live on Bushel Trade. Today, I will be reviewing how your team should be using trade to manage bids, offers, and hedges more efficiently. We will also be leaving some time at the end to answer your questions. As we get started, I'd love to hear from you in the audience chat. Tell us where you're joining us from today and maybe one feature you are currently using today in trade that really helps improve your day to day workload. The next section is a previously recorded run through of the different features and best practices for bid management, offer management, hedge management, and some additional features. As you watch the training, please feel free to submit your questions into that audience chat. If you've learned any tips and tricks of the features that we're reviewing, feel free to throw those in the chat as well. We'll have some time at the end to answer our frequently asked questions along with any questions submitted during the training. After the call, we'll send out a recording of this entire session. We encourage you to save this as a resource to pause and practice as needed for training. As always, our Bushel support team is here to help. So if you're ready to learn more about trade, let's dive in. When you first log in to the Bushel trade system, you will be prompted to a market feed screen. We wanna start with just talking about some high level overview of terminology we use in the system as well as some preferences or settings that you can adjust when you first log in. So on the top left hand corner, you will see these three lines. You can click those to expand that left sidebar. That gives you some words to go with all those symbols and initials that you saw over there originally so you understand what each page means. So on the left hand side, we refer to these as pages, and you will be started with a handful of default pages. Within each of those pages, we refer to those as widgets. So you'll notice on this market feed screen we have multiple widgets added into that screen. What I wanna show is at the bottom there is a preferences area. We're gonna talk about some different settings that you can adjust in the system. So when we click preferences it brings in our preference box here. One thing to note is that these preferences will take place immediately. There is no save button so as soon as you click something and change it, it's gonna change it automatically for you right then. The first thing is this theme. You can change your theme. If you don't want the dark background, there is also a light theme with a white background. You can change your buy and sell colors as well as your price movement colors. So we have them set to blue and red. Your default may be green and red when you log in. Again, that is adjustable and can be changed right here in that preference section. Your account display will automatically default to account number. What we highly recommend is either the account name or the account number and account name based on whether you are hedging with multiple hedge accounts or maybe just one. If you're using multiple hedge accounts, we always recommend that account number with account name. The main reasoning being that the account number we will assign to your farmer accounts that we get out of your ERP system will be a gibberish number and letter code that does not make sense to you, so you will need that account name to know what farmer you are using to put those offers in. The account number will show your different hedge account numbers when you are hedging in the system. When we scroll down farther, there is a notification section. In that notification section, we always recommend turning on those top six banner switches. There are also sound switches that can be turned on. What these do are they pop up a little box at the top of your screen that you will see sometime here in the demo. That shows you when an order fills, if an order is parked or canceled, any new orders come in. You just get a little pop up notification right here in the system letting you know that that has happened. And again, that sound, if you prefer a sound, would just give you a little bell or chime in your ear. If you have headphones on, letting you know that that has popped up. Scrolling just slightly further, there's one last thing and that is this enable order comments. If we have that switch turned off, which is the default, you will not have a comment box when you are placing orders for your farmers or your hedges. If you would like to have a comment box where you can add comments to those orders, you're just simply gonna turn that switch to on. Again, all those settings will save automatically, so we can just simply click the x to close that preference box when we're finished. This is the market feed section of our bushel trade platform. When you are in your market feed section, you will have multiple widgets available to you. You will have a scrolling ticker at the top of your screen. Scrolling through there are all of the same commodities that you will see in your quote spreadsheet directly below that. Everything from corn, soybeans, three different types of wheat as well as canola. Underneath that, you will have a quote spreadsheet with a default set of columns set up in that quote spreadsheet. Those are customizable where you can change those, add different columns in, expand those columns out if you need more space in your screen, or even remove some of the defaults that we set you up with. So So if I wanted to manage any columns in this quote spreadsheet, I can click what we consider those three dots in the top right hand corner of that widget and click manage columns. In that manage column screen, you're gonna see in window is everything currently in your view. You can use the trash can on the right hand side to delete that view, or you can use the three lines in the left hand side to move your columns around. So if I would like my settle price up at the very top next to my last trade, I can click and drag those three lines to move that settle to the top. If I want it back down below, again, click the three lines and drag it down to the bottom. If I wanna add something in, I'm gonna click that all columns button on the left or even any of these other options. Those are just broke down, scenarios or titles where each individual column is kind of broke out. All columns is going to give you everything that is possible or available to be added into this quote spreadsheet. So if I was looking for the bid and ask, they're both right here at the top. It's an alphabetical order by that symbol. So I could click the bid and ask and click add. When you add those in, it does add them to the bottom of your list. So you would have to go back to your view here and click and drag those to where you're wanting them to be in your screen. You'll notice in the background here that those are automatically getting added in. There's no save button. So as soon as you click and add those, they're gonna appear in your quote spreadsheet or as soon as you click that trash can to remove them out, they're going to go away from your quote spreadsheet. To add symbols into your quote spreadsheet, the easiest way, if you already have one built out and you're wanting to add in the middle is to right click and click insert right below where you want that to go. So if I was going to add a further out soybean, which is a z s e symbol, I would go ahead and type z s e, click that drop down arrow, and look for whatever futures month I'm wanting. It's only gonna show you the first six futures months. There are the more. So if you click the very small gray more button in the top right hand corner, you can go ahead and see more futures that are available for that commodity. Select the one that you want and click okay. We can see that added that July twenty six futures to my soybeans list over on the left hand side here, right where I want it to go below the May. With the quote spreadsheet, we have two charts available. What we like to do is link those charts to our quote spreadsheet as well as the other widgets on the page. So when we're using the linking feature, we have this little dot up at the title of those widgets, and we just make sure that it's the same color all the way across the top of the board here. So being the same color means those widgets are linked together. When I click a futures month in my quote spreadsheet, my chart changes to that futures month. So you can see I have two charts. The first one here is a chart with what we call continuation turned on that combines corn into a hole. So you see the background there and those gray letters just says ZCE. It doesn't say a specific futures month. That is because that continuation is turned on. What that continuation does is combine it as a whole, but also gives you further back historical data. So if I switch this over to monthly, I can actually go back and you can do it on daily also. Just switch to monthly so I don't scroll as long. I can go back all the way to nineteen sixty eight and see historical corn data from nineteen sixty eight on my chart. On both charts, the only difference is that continuation piece. So everything else we'll see here is available in both places. So the durations, you can see anywhere from one minute out to monthly. You can also customize a duration and choose one yourself. There are many different types of charts. So in this bottom left or bottom corner here, we can see, we can choose candles, hollow candles, volume bars, line area, all different options available there. The next button across here, this little eyeball, if we click that, that gives us data to those charts, as well as any studies that we have added to them. So when we hover over a candle on the chart, you'll see that data on the left hand side is changing depending on what candle I am hovering over. If you don't want that data showing, you just simply click that eyeball there on the left hand side. There are many studies available. So you'll notice on this chart that I'm viewing, I have four or five studies added. On the next one, I don't have any, so you can use studies. You do not have to use studies. If I don't want any of these, I can simply click my little settings here and adjust them or click the drop down arrow and remove them. If I wanna add a study in that's not currently showing on my chart, I'm gonna click that plus study sign at the bottom. You can see there's thirty three studies here in my library. So if I want that DMI back that I had just removed, I can select that and click add, and it's going to add it down here at the bottom. Depending on what type of study you are adding will determine if it's gonna be added overlay on the top of the chart or added at the bottom as its own. With the charting features, there's also more tools over on the right hand toolbar. So you can add trend lines, horizontal lines, Fibonacci retracements, text box, or even shapes rectangle, as well as triangle is available. The last widget on this page we're gonna talk about is what we call our hybrid order ticket or hot trader. This is just, referred to in the industry maybe as a waterfall or a ladder view where you can see what the current market is doing. You can see different bid and asks that are out there or volume at different level levels. You can also hedge straight from this hybrid order ticket. So if I was wanting to put a target order in maybe at four forty five, I can click that four forty five, click this cell one, add a comment to it, and then simply click place order to have that hedge placed in the system. The next page we will cover is our bid management page. So again on that left hand toolbar is our list of pages. We're just gonna click bid management, which is the next page down. In our bid management screen, you're gonna see two widgets. The first one is a basis trade widget. That'll be the widget that you will use to place your farmer offers. The next widget is our publish bids and offers. That is where you're going to add all of your cash bids in as well as manage them. That's what you're going to use to enter those offers for the farmers. So in that publish bids and offers when you first log into the system or even now if you guys are already customers with us and you have your bids in the system, we're gonna click that plus sign up here at the top. That is what we're gonna use to add a new bid in, and then we're gonna follow along from top to bottom in that configure bids and offers screen. So our top box here is our location. We're gonna choose what location we want this bid to be for. Next is our product. So you will see just your your company's list of products. You won't have as many as you can see here, but if you are just a corn and soybeans company, you will just see corn and soybeans. You can select whichever commodity you're wanting to create that offer for. Next box down is gonna be your description. So how do you want that that bid to read to your customers or your farmers on the mobile app or your website, wherever these bids are flowing? That description is what they're going to see when they're selecting that bid. So if I was going to set up a September twenty five bid for soybeans, I may put SEP twenty five. Some people will spell the whole month out, and you can type out September twenty five or even the whole year and do September twenty twenty five. You're gonna choose your delivery period, so your delivery start, we'll select as September first, and click okay. Our delivery end is going to be September thirtieth, and click okay. Our expiration is gonna automatically default to that end of delivery. It can be changed. You can simply click in there and again have that calendar pop up and choose whatever date you would like. Otherwise, you can leave it as the end of delivery. What that means is on September thirtieth at five PM central time, this bid is gonna fall off of your list of cash bids as well as expire any offers that are tied to the bid at that time. The expiration is the one box that cannot be changed once you have created this bid and published it. So you can come back in and change your description. You can change your delivery periods, your features month, and your basis. You cannot change that expiration date once the bid has been published, so make sure you have it set to what you're wanting to start with. Your source product can be selected here, so it'll bring your drop down of all the different soybean futures months. We're gonna use the SEP twenty twenty five for this bid. In the pricing section here, you're gonna see four different contract types, maybe just three. Whatever we set your company up is what you'll see. So for this, I don't need flat. Our flat contract is going to be for those specialty contracts that don't involve futures or hedging. That would just be a flat rate dollar there. The pricing at the top, cash basis and HTA. If we leave those boxes checked, that means our farmers are gonna have the ability to enter basis only or HTA only offers. If we don't want those options, we're simply gonna uncheck those and just simply post a cash bid. If we're okay with accepting basis only and HTA offers, we'll leave those boxes checked, and then we're just gonna plug in our basis level in this box on the right hand side. So we'll say we are twenty five under for soybeans into Decatur for September delivery. And then that will calculate our cash off of that September futures. The advanced section mostly deals with the hedging side of things. So you can see this hedge first box here, three down, that is that hedge first scenario that we will dive into later in this call where a hedge would be tied automatically to your farmer offers as they are entered. So if you would like that to happen, you're gonna leave that hedge first box as on. Above that, our side is always gonna be bid. That way we are posting these as cash bids for farmers to make offers on. If we're posting them as an offer, that would be the opposite. So that would be like we are selling the corn to the farmer rather than buying it from them. Our hedge product is gonna be defaulted to the same as our source product. You can change that. The one note to remember though is if we're trying to hedge off of a different futures month from what we are bidding, that will not allow us to use that hedge first functionality. You will have to use fill first and run those hedges through what we consider our tail hedging system. Jumping down here, the visibility box does default to all. That means that this bid when you create it will be sent to all of your different places that we send your bids. So whether that's the customer portal, the website, or just any users that are also using Bushel trade, If you would like that bid to be hidden from your farmers, you can simply choose CQG in that visibility box. That keeps the bid here in bushel trade alone. It does not publish it out to your customer portal or your website. Would be an internal use only bid. Otherwise, we can leave that visibility set to all. The last piece I'm gonna talk about is this enable to trade button. If we uncheck that box button or we turn that switch off, that makes that bid not able to be traded both internally and with your farmers. So you would not be able to place offers against this bid as well as your farmers would not be able to place offers against that bid. When we're done, we're just gonna click add. It's gonna place that bid right in order where we would want it to be in our list. So in our published bids and offers, they do sort out in a default sort. We sort by location first, alphabetical order. We sort by product second. You can see that two with an arrow there. Again alphabetical order. And then our last is that delivery period. So we're gonna put the nearby bids at the top and the furthest outbids at the bottom for each commodity. You can sort by other columns by simply clicking that column, but if you ever wanna go back to your default sort and have it in order where it was before, you're just gonna click it a second time and then a third. That's gonna get rid of that little arrow and put those default sort arrows back in place. Again, these columns are customizable just like our quote spreadsheet was. So we're gonna click those three dots in the top right hand corner, click manage columns, and it brings in that same screen we saw in that market feeds section where we can choose or move things around in our in window section, or we can choose different columns to be added in to our current view. When we have all of our bids in here, we're gonna be managing our bids here daily. So if we're going in and updating our basis levels, the easiest way to do that is simply clicking in that basis column where we can see our bids. If you're clicking in the box and it's not showing you all of your decimal places, so right now it's looking like I'm just posted at thirty under, but really it's thirty one. You can simply use your arrows to expand that column and make it a little wider so you can actually see that full bid in there. When we're updating, we can type in the box. So if we wanna click and type and change that to whatever we want, we can also use our arrows. So if we're going up a few cents or down a few cents, we can click those arrows and change those bids. You'll notice that those bids are highlighting a blue color whenever we change them. That's just an indicator to you that you've changed that bid, but you have not yet published it. So anytime we add a bid in, so our new September bid down here that still shows a status of new, or we edit bids. So those three that are blue and our status says modified, we do have to publish those. So right now, I'm the only person that can see these bids and these changes that I've made until I hit this publish all button at the top. Once I do that, anybody in my team that has access to our trade system will be able to see those changes as well as all the changes will be pushed to the customer portal and the website. We're gonna go back to that Basis Trade widget on the left hand side now. So like I mentioned before, this is where you're gonna place your offers for your farmers. So we like to have this widget on our bid management page for the simple reason of using that linking feature again. So we take that dot, we make sure it's the same color on both widgets, and we use that to create our offers for our farmers. So the first stop is this little box right up here. That's where you're gonna select your farmer account. When we click that box, it pulls in our choose account screen. We're gonna type in the name of the farmer that we're looking for, and that's gonna pull into our box for us. Next is we're gonna choose what bid that farmer is wanting to create an offer against. So if we're on the farm with the farmer and he's looking at July twenty five soybeans into Decatur, I'm gonna click that July twenty five line and it's automatically gonna pull into my basis trade widget for me. If you were to switch and wanted to look at maybe harvest twenty five corn, we can click that harvest twenty five corn line. And again, it makes that change in our basis trade widget for us. So all those top boxes automatically fill out. Now all we're left with doing is putting in a target price if this is a target order as well as the bushel amount that is wanted. We can change our duration here in the system. So we have different options, day, good till canceled, good till a certain date. So that good till a certain date, you can click the little date next to it. It'll bring up a calendar view. You can have this work maybe through the end of next week, and then we're gonna type in our comment. So maybe this is split with my brother. Whatever that comment may be that that farmer told you on that phone call, if it's a farm name, if it's being shared with somebody, if it's anything at all, you can put that comment in there. I believe it holds up to two hundred and sixty characters, something like that. It is very large, so no limit there as far as adding comments. And then we're just gonna click that cell twenty five hundred red box at the bottom there. It's gonna bring in a confirm order screen so we can see sell twenty five hundred bushels at four eighty five. It's gonna expire on June twentieth, and here's that farmer account that it's for. That's the piece that I like to highlight the most. I wanna tell people double check that farmer account. Seems to be the thing that might be missed the most because it is at the top of that widget. So just make sure you have the right farmer selected in that confirm screen before you place that order. When we place the order, here's that pop up notification we talked about in our settings. So we can see that we have that working order come in. Now anybody that has access to this farmer's account in their trade system is getting that same pop up notification. So if Danny was logged in right now, he could see he has this working order that came through from me. You can see the user that placed it, the farmer account that it's under, and as well as that comment that we plugged in on it. The next page we're gonna cover is our offer management page. Now that we've put our offer in and we saw that notification pop up, the next place to see that offer is in offer management. So when you first get into offer management, you will see these four widgets across the top. The first one is orders all. That's gonna be all orders no matter what their status is. So if you're wanting to view orders such as expired or rejected, those are going to only show up in this orders all screen. All the other orders that you also see in here, like parked, working, or filled, can all be seen in their own individual widgets, which are these other three we see across the top. So if we're gonna go over to our next one, that is our working orders. Working orders, we can do a handful of things with them from here. We can cancel those orders on the left hand side. That is the x that you see there. We can modify the order by clicking the pencil. When you're modifying, the two things that you can change are the bushels and the price, or you can just apply a custom basis to those offers by checking that box and plugging in whatever basis you want that offer to have. We can also manually fill an order that's in a working status. So if we're a few cents away and we want that order just to go ahead and be filled for that farmer, we're gonna click the drop down arrow and click fill manually. It's gonna show us what that offer is. So three thousand and five bushels at five sixty five to limit, and here's the farmer that it's put in for. And then we're just gonna go ahead and click fill order. We're gonna see that order come in here automatically and say fill in our pop up notification. That cancel we see is that hedge first hedge that we'll talk about here in a few minutes, and that is gonna cancel automatically because we can't force a hedge to go through when we're force filling a farmer offer. In all of these widgets we can adjust these columns again so what you're seeing here are just some basic columns. You can add as many as you want or move remove any that you don't want. Again, three dots in the top right hand corner, click manage columns, in window is everything currently in our view. We're gonna use that left hand side to click and drag to move, right hand trash can to delete those out, and then all columns to view everything that's available to be added in in that we're not currently viewing. Our orders parked page is where we're gonna activate any orders sitting in a parked status. So if you're using our make offer functionality and you have what we call force care turned on, those orders come in from your farmers in a parked status, meaning you have to activate those to a working status for them to be able to fill. We call it kind of a safety net for those orders coming in from your farmers for you to review them. To activate them, it's very simple. We're gonna click the drop down arrow and click activate and then activate order, and that order will go over to our working orders screen. Orders filled is gonna be all orders sitting in a filled status. So one note to make is that all orders sitting what we call a final status will fall out of the system after thirty days. So if it's a canceled, a rejected, an expired, or a filled order, once it reaches that final status, it falls out of the system thirty days later. If it's a working or a parked, obviously, we don't remove those out of the system here. Once they hit that final status, then they would have thirty more days before being removed. We do have access to those orders in the back end. So if you're ever finding one, or looking for one that you can't see because it's past that thirty days, you can let us know at our support team, and we can find those in the back end for you. One last thing to note with all these orders, anytime we either modify or we activate, if our farmers are using the app and they have their push notification turned on, they're getting those push notification notices about those things that are happening. So when it's parked and we activate it, they get a push notification saying that that order has been accepted and is in a working status now. If we modify it, it gives them a push notification saying their order has been modified with the details. And if it fills or cancels, they get a push notification for those as well. The last piece we're gonna cover is a little bit about the different hedge scenarios that are available here in the system. The first one we're gonna cover is what we call our hedge first scenario. What I wanna talk about first are the settings behind those hedge first scenarios. So you'll see that page on the left hand side called manage custom markets. This is where you control those settings, and this is a page that we can keep hidden from some of your employees if you only want certain people to be able to control these. So the columns I'm gonna call out are here in the middle of the screen. The first one is just that hedge first column. You'll see I have most of mine on if they are able to be. Some of these that say off are different commodities that have conversions built in with both Canadian dollar to US dollar as well as current or as well as unit conversions. So because of those different conversions, they cannot use the hedge first scenario. Otherwise, we have all these marked as on. What that means is when you create your bids, it's gonna automatically pull that hedge first scenario to be on on each bid. That way you don't have to go in and change it each time that you are creating a new bid. The next column I'm gonna talk about is this hedge first threshold percentage. You'll see I have all of mine set to sixty percent. This means that at three thousand bushels or higher, I'm gonna have a hedge tied to those farmer offers. So you can set this. It's a percent of a full hedgeable contract, so a five thousand bushel contract for corn, soybeans, and wheat. So sixty percent is that three thousand mark. We see everything from fifty all the way up to the full one hundred, which is five thousand bushels. The last column is that hedge account column. So if you're somebody that uses multiple hedge accounts, whether it be different commodities per hedge account, different locations for each hedge account, you can control that in here. So if you want your Decatur location to all hedge through hedge account two, we'll just set all of these commodities here. You can see for Decatur to hedge account two, and then St. Louis, we set to hedge account one. That box is just simply a click in and type. There's also a bulk edit button, so if you're setting everything to the same, you can select the top line, hold whatever button is needed on your computer to select the whole screen, and then just click that bulk edit, and you'll see those columns we're just talking about as options in here. So you can change all of your hedge first threshold at one time. You can change that hedge account all at one time, and just simply type in the full hedge account number. If your hedge account number has a special character in it like a dash, it'll leave that out. So for example, if it's a b c dash one two three four five, you're just simply gonna type the a b c one two three four five and leave the dash out of it. Once we change all of those, you'll see similar to when we're creating our bids or updating bids, we have those blue boxes appear. That tells me I've changed them, and, again, I haven't published it. So just like our bid management screen, we do have to publish those changes up here at the top. I'm gonna go ahead and discard these because I don't wanna change my percentages. I'm gonna put in a couple offers here on this Basis Trade widget that I've added in. You will not have this in your manage custom market screen. Just for training purposes, I've placed it here. So I'm just gonna plug in a three thousand bushel offer to show you what that looks like right at that sixty percent mark that our threshold is set at. So when that offer comes through, here's that farmer offer on top, and we see that working hedge that tied to it automatically on bottom. So we can differentiate those two. One, the hedge shows in a lot form. The offer shows in a bushel form. My hedge account highlights is yellow. Yours will not. It will just be the regular black background like any other order. That's simply because I have a demo hedge account. And then the comment on that hedge first gets placed, and it pulls in the account info of the farmer that is on the farmer offer that that hedge is tied to as well as the cash order number of that head of the offer that it's tied to. You can also also differentiate a couple other ways. I'm gonna go ahead and plug in another offer here just below that sixty percent just so we can have one of each in there. So here's that top offer. No hedge came through with it. It's just the farmer offer itself because I did not reach that sixty percent threshold. When I click the eye on the farmer offer of the three thousand bushels, I can see that fill algorithm is set to hedge first. That tells me that that hedge first scenario is working. I can even scroll down here and see the info of that new hedge order being placed in the transaction history of that order. If I go into the eye of the other offer that did not reach the threshold, we see that fill algorithm as fill first instead of hedge first. So that tells me there is not a hedge tied to this offer, and there's no hedge data plugged into that transaction history down here at the bottom as well. With that hedge first hedge, what we like to say is that it's tied to that offer for the entirety of its life. So if we cancel that offer, it's gonna cancel the hedge with it. So we see both cancel out. If we modify the offer and we change the price on it, we'll see the hedge price change instantly to what futures are actually needed for that hedge to fill. If we manually fill so earlier we manually filled that offer in our demo a little bit ago. When we manually fill, it cancels that offer, and it takes those bushels and it plugs them in to the next hedge piece that I wanna talk about, which is what we call our tail hedging system. I'm not gonna spend a lot of time on this system because it is more complex. And if you guys wanna use this system that you and you aren't today, please reach out. We can set up a call and help you get that set up. But this tail hedging system is on our hedge account balances page. And what those offers do when we manually fill them is it takes those filled bushels and it puts them into each corresponding bucket based on what futures month those offer those bushels came from. This also collects all of those smaller offers. So that two thousand nine hundred and ninety nine that I just created, once it fills, we'll see those bushels pop up in each corresponding bucket that it belongs in here in our hedge account balances. So the tail hedging system is built into this hedge account balance system. It's right here. You can see this tail management, and it's essentially what we call a bucketing system. So we can set thresholds here separate from our hedge first thresholds. And when those thresholds reach, if our bucket reaches five thousand bushels, our threshold's set at a hundred percent. And we can expand this here to see that. So when this bucket reaches five thousand bushels, it's gonna sell me a market hedge to keep me in balance. So, again, we can change that threshold to whatever we want it to be. We can set a bias if we wanna be long or short, a certain amount of bushels at all times. You can do that as well. And then you can set this as into both buy and sell or just sell, whatever you prefer. So, again, little more complex on this tail hedging system. I don't wanna spend a lot of time on it. If you do have questions, please reach out, and we can help you get that set up or go a little deeper dive into it if you need to know more about it. Thank you. Okay. I hope you guys found that helpful. Next thing we're gonna do is just gonna answer a couple of questions that did come in as we were running through that. So we had one question here. Yep. Is there a way to generate a heat map of the spread matrix? So to generate a heat map, you have to have what we call a list, which is the list that are in your quote spreadsheets. So I don't think you can do it directly from the spread matrix. But if you do have a list of the of the spreads that you're wanting in that heat map, you can definitely create one with that. So on those corn spreads pages that you will see as defaults now, there is a a spread or a quote spreadsheet in there. And that quote spreadsheet does have just the one month gaps in it already, so you could use that to generate your heat map from. We did have a couple other questions come in that we were answering throughout the chat. One question was just specifically about make offer and how that works. So the make offer feature is part of our Bushel customer portal if you're not familiar with it. That is where the farmer is able to go in and create those offers on their own, And those offers would come through to you with that little pop up notification or an email notification in the trade desktop. One fun stat that we love to share about that make offer feature lately is, we ran some tests on it, and the average time it takes a farmer to put that offer into his mobile app is forty two seconds. So probably the amount of time it takes him to get his phone out and scroll through his contacts and find your phone number to call you and put that offer in, he could get to his app and put that offer in himself, and it'll be on your trade desktop. Then you could approve it. Or if it goes straight to working, it would already be hedging before he could ever get a hold of you on the phone possibly. So, I think that's it. I don't see any other questions out here. So just as a reminder, we're gonna send out a recording of this entire session. We encourage you to save that recording as a resource, pause, practice as needed with it for trainings. If you have any additional questions or you need some more in-depth training, please reach out to our support team. Their email address is support at bushel powered dot com. And that is everything for today. So thank you guys for attending.


