Beef Margin Management Seminar – Tempe, AZ

Beef Margin Management Seminar - Tempe, AZ
The Beef Margin Management Seminar is designed to help beef producers maximize their profit margins by effectively utilizing the full range of available contracting methods.

February 20 - 21, 2025

Location Tempe, AZ

$550 (Free for CIH clients)

Basic to Intermediate

ENROLL

Beef Margin Management Seminar – Tempe, AZ

The CIH Beef Margin seminar is designed to help beef producers identify and protect forward profit margins. This comprehensive seminar includes a thorough review of cash market alternatives and a fundamental background of the futures and options.

Topics Covered

  • Fundamentals of Beef Margin Management
  • An introduction to modeling forward profitability and using various contracting alternatives to protect profit margins.

  • Contracting Alternatives
  • Comparing available contracting choices in the cash and futures markets.

  • Introduction to LRP and Options
  • An overview of LRP and options, including how they work and components of option premium/value.

  • Core Options/Futures Strategies
  • How to use futures and options positions to establish protection against the risk of higher costs and lower sale prices.

  • Core Strategy Adjustments
  • Factors – costs and benefits – to consider when weighing strategic position adjustments as prices fluctuate over time.

  • Applying Concepts Learned
  • An interactive price management simulation to reinforce and test new skills. Participants will make several price management decisions over a marketing period and evaluate the resulting effect on net margins.

Seminar Details

For more information or enroll by phone, please call 312.596.7755.

Date and Time

February 20, 9:00am – 4:30pm
Breakfast and lunch provided, supper to follow.

February 21, 8:00am – 12:00pm
Breakfast provided.

Location

Residence Inn Tempe Downtown/University
510 S Forest Ave
Tempe, AZ 85281

NASBA Continuing Education Credits

CPE Credits: 12

Commodity & Ingredient Hedging, LLC is registered with the National Association of State Boards of Accountancy (NASBA) as a sponsor of continuing professional education on the National Registry of CPE Sponsors. State boards of accountancy have final authority on the acceptance of individual courses for CPE credit. Complaints regarding registered sponsors may be addressed to the National Registry of CPE Sponsors, 150 Fourth Avenue North, Suite 700, Nashville, TN, 37219-2417. Website: www.nasba.org.

Learning Objective

Participants will be introduced to the mechanics of the futures and options markets and the terminology related to the futures industry. Participants will also learn how to utilize risk management strategies to manage commodity price risk.

Prerequisites

None

Delivery Method

Live

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    September 18, 2024

    About The Author

    Garrett Iverson

    Beef Margin Management Seminar – Tempe, AZ

    The CIH Beef Margin seminar is designed to help beef producers identify and protect forward profit margins. This comprehensive seminar includes a thorough review of cash market alternatives and a fundamental background of the futures and options.

    Topics Covered

    • Fundamentals of Beef Margin Management
    • An introduction to modeling forward profitability and using various contracting alternatives to protect profit margins.

    • Contracting Alternatives
    • Comparing available contracting choices in the cash and futures markets.

    • Introduction to LRP and Options
    • An overview of LRP and options, including how they work and components of option premium/value.

    • Core Options/Futures Strategies
    • How to use futures and options positions to establish protection against the risk of higher costs and lower sale prices.

    • Core Strategy Adjustments
    • Factors – costs and benefits – to consider when weighing strategic position adjustments as prices fluctuate over time.

    • Applying Concepts Learned
    • An interactive price management simulation to reinforce and test new skills. Participants will make several price management decisions over a marketing period and evaluate the resulting effect on net margins.

    Seminar Details

    For more information or enroll by phone, please call 312.596.7755.

    Date and Time

    February 20, 9:00am – 4:30pm
    Breakfast and lunch provided, supper to follow.

    February 21, 8:00am – 12:00pm
    Breakfast provided.

    Location

    Residence Inn Tempe Downtown/University
    510 S Forest Ave
    Tempe, AZ 85281

    NASBA Continuing Education Credits

    CPE Credits: 12

    Commodity & Ingredient Hedging, LLC is registered with the National Association of State Boards of Accountancy (NASBA) as a sponsor of continuing professional education on the National Registry of CPE Sponsors. State boards of accountancy have final authority on the acceptance of individual courses for CPE credit. Complaints regarding registered sponsors may be addressed to the National Registry of CPE Sponsors, 150 Fourth Avenue North, Suite 700, Nashville, TN, 37219-2417. Website: www.nasba.org.

    Learning Objective

    Participants will be introduced to the mechanics of the futures and options markets and the terminology related to the futures industry. Participants will also learn how to utilize risk management strategies to manage commodity price risk.

    Prerequisites

    None

    Delivery Method

    Live

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