Dairy Margin Management Seminar - TBD
The Dairy Margin Management Seminar is designed to help dairy producers maximize their profit margins by effectively utilizing the full range of available contracting methods.
TBD
Location TBD
$550 (Free for CIH Clients)
Basic
Coming SoonDairy Margin Management Seminar – TBD
Topics Covered
- Introduction to the Futures Market and Profit Margin Management:
- Introduction to Options:
- Southeast Feed Outlook Discussion
- Introduction to DRP:
- Core Strategies:
- Group Exercise:
Identifying forward profit margins using the futures market as a price discovery tool. Cash market versus futures market, price risk versus basis risk, contracting choices.
Overview of options, including definitions/terms, contract specifications, components of premium, expiration, exercise or assignment, and offset.
Comprehensive overview of DRP, including program basis and best use cases.
Review of basic futures and options positions typically used by dairy producers to protect the risk of both lower and higher prices, as well as discussion of option margining.
Using futures and a basic option strategy, teams will attempt to manage a dairy producer’s historical forward profit margin by initiating coverage and managing those positions.
Seminar Details
Registration fee includes lunch on-site and dinner following class. For more information, please call 312.596.7755.
Date and Time
TBD
TBD
Location
TBD
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