What is the difference between a season’s Actual and Simulation?

Each of your crop marketing plans are powered by two algorithms called Actual and Simulation, each working on its own to help you to get better insights to do more profitable transactions.

It is also great fun and you can learn a lot by comparing your Actual to the Simulation.

Actual:

  • This is the part of a season’s crop marketing plan showing what is going on in the real world. You can instantly see your profitability according to your season’s last harvest yield, the average market price at which you sold your crop, how much of a season’s crop is sold to date and a lot of other interesting facts.
  • Here you can add, edit, confirm or delete the transactions you have actually done, and these transactions will not automatically change when you update a season’s information.
  • To help guide you when deciding to do new transactions the profit goal lines on the graphs page will change when you update a season’s information, but the transactions you have already done stays the same because it already happened in the real world.
  • CropsProfit’s algorithm creates an “Aim for a marketing cycle” according to the actual transactions you have already done and also according to the season’s other latest updated information. You do not have to do exactly what the “Aim for a marketing cycle” tells you to do, its purpose is to help you to make better decisions on your own.
  • It can be worth your effort to keep your Actual transactions up-to-date, that way CropsProfit can help provide valuable feedback on information such as transactions to do, profitability and how much of a season’s crop is sold to date.
  • Every time the live market price changes the “Aim for a marketing cycle” is recalculated. Example: A marketing cycle is a week long, it starts on a Monday and it ends on Sunday. During the trading days of the marketing cycle, Monday to Friday the “Aim for a marketing cycle” is recalculated every time the live market price changes.

Simulation:

  • This is the part of a season’s crop marketing plan where an imitation (simulation) is made using all of a season’s latest updated information on it’s crop marketing plan.
  • The purpose of the simulation is to show you what your ‘Actual tab’ would have looked like if you did every transaction suggested in the “Simulated aim for a marketing cycle”. 
  • Every time you update a crop marketing plan’s details, the Simulation is recalculated from the beginning to show what the impact of the change has been.
  • Every time the live market price changes the “Simulated aim for a marketing cycle” is recalculated. Example: A marketing cycle is a week long, it starts on a Monday and it ends on Sunday. During the trading days of the marketing cycle, Monday to Friday the “Simulated aim for a marketing cycle” is recalculated every time the live market price changes. The closing price on Friday is used and saved as the last transaction as shown in its “Simulated aim for the marketing cycle”.