Dairy Margin Management Seminar – TBD

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 Soon

Dairy Margin Management Seminar – TBD

Topics Covered

  • Introduction to the Futures Market and Profit Margin Management:
  • 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.

  • Introduction to Options:
  • Overview of options, including definitions/terms, contract specifications, components of premium, expiration, exercise or assignment, and offset.

  • Southeast Feed Outlook Discussion

  • Introduction to DRP:
  • Comprehensive overview of DRP, including program basis and best use cases.

  • Core Strategies:
  • 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.

  • Group Exercise:
  • 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

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    February 01, 2024

    About The Author

    Garrett Iverson

    Dairy Margin Management Seminar – TBD

    Topics Covered

    • Introduction to the Futures Market and Profit Margin Management:
    • 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.

    • Introduction to Options:
    • Overview of options, including definitions/terms, contract specifications, components of premium, expiration, exercise or assignment, and offset.

    • Southeast Feed Outlook Discussion

    • Introduction to DRP:
    • Comprehensive overview of DRP, including program basis and best use cases.

    • Core Strategies:
    • 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.

    • Group Exercise:
    • 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

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