Pick a crate of lager, shandy or cider and we will knock 50% off a box of crisps. Take the crate
Stage five of six

Sell it, store it, or sell it before you have it.

Three routes out of the barn and no correct answer among them. The price series moves on aggregate in-game supply rather than on a random walk, which means every player harvesting in the same week moves it, and the player who forward-sold in April in a season nobody else did looks very clever indeed.

The board

The board, as at the end of an in-game August.

Six rows, six routes, and the only flat line on the board is the forward contract — which is exactly what a forward contract is for.

Prices move on aggregate in-game supply. When most of the player base harvests wheat in the same week, the wheat price falls, and the rape price in this example is high because roughly a quarter of the rape in the game did not survive the flea beetle. No real money, no real market and no convertible value is involved anywhere in this system.

Side by side

The three routes, compared honestly.

Sell at harvestStore and sell laterForward-sell before harvest
What you get Today’s price, today An unknown price, later, minus storage A known price for a tonnage you do not yet have
What it costs Nothing 4 Coins a tonne a month, plus the risk The upside, if the price rises
What it teaches That everybody sells at once and the price knows it That storage is a position, not a delay That certainty has a price and it is usually worth paying
Typical outcome The lowest of the three, about six seasons in ten Best in three seasons in ten, worst in three Never best, never worst, and the best-sleeping option
Cap None Barn capacity, which is a building Sixty per cent of expected yield, and never more
The model

Why the price is not random.

A random price series is easy to build, impossible to reason about, and teaches nothing. It also makes storage a coin-flip, which makes the barn a pointless building.

So the price responds to aggregate in-game supply. When a large share of the player base harvests wheat in the same fortnight, the wheat price falls, and it falls further in a good year than in a bad one. That produces the single most counter-intuitive lesson in farm economics — that a bumper harvest can be worth less than an ordinary one — and it produces it as an experience rather than as a caption.

It also makes the forward contract intelligible. Somebody who fixed sixty per cent of an expected crop in April, in a year when everybody else waited, is better off in August without having predicted anything. They bought certainty, and certainty turned out to be cheap that year.

Five steps

One trading decision, start to finish.

April — the forward window opens

You can fix up to sixty per cent of expected yield at the quoted forward price. Charlie has an opinion and is wrong about a third of the time.

August — the crop comes in

Which may be more or less than expected. If it is less, the forward tonnage still has to be delivered out of what there is.

You choose for the rest

Spot at the weighbridge, or into the barn at four Coins a tonne a month.

The board moves

On what everybody else did that week, which is visible and is the interesting part.

Sell, or hold to March

And find out whether the storage cost bought anything. Three seasons in ten it does not.

Wondering

Trading, questioned.

Only by barter, only in produce, and never in currency. The bartering page sets out exactly why that boundary is where it is.

No. Coins come only from harvest, trade, parish goals and achievements. The premium currency is separate, buys time and cosmetics, and cannot be converted into Coins.

About three seasons in ten it is the best of the three routes, three in ten it is the worst, and the rest of the time it roughly matches spot after storage costs. That is approximately the real distribution.

Then turn it into something.

A grain store, a shop, a brewery, a pub — all of them through Alan, all of them over budget.

Next along the route

Building

Carry on
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Snooping, briefly.

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