Beef Margin Management Seminar - TBD
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.
TBD
Location TBD
$550 (Free for CIH clients)
Basic to Intermediate
Coming SoonBeef Margin Management Seminar – TBD
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
- Contracting Alternatives
- Introduction to Options
- Core Options/Futures Strategies
- Core Strategy Adjustments
- Applying Concepts Learned
An introduction to modeling forward profitability and using various contracting alternatives to protect profit margins.
Comparing available contracting choices in the cash and futures markets.
An overview of options, including how they work and components of option premium/value.
How to use futures and options positions to establish protection against the risk of higher costs and lower sale prices.
Factors – costs and benefits – to consider when weighing strategic position adjustments as prices fluctuate over time.
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
Registration fee includes lunch and supper to follow the seminar, and all seminar materials. For more information or enroll by phone, please call 312.596.7755.
Date and Time
TBD
Location
TBD
NASBA Continuing Education Credits
CPE Credits: 8
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