Dairy Margin Management Seminar

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.

CPE Credits: 12

Day 1 – 10/18/2017

  • Identifying Your Exposures
    An introduction to commodity price risk management, focusing on the critical first step of building a risk model for your operation using the futures market to project profit and loss.

  • Contracting Alternatives: Tools to Manage Risk
    An overview of cash contacts, an introduction to options, and a detailed discussion of futures, including capital requirements and daily settlement procedures of margin accounts.

  • Adding Flexibility with Options
    Core option strategies, and how they can be used to establish the precise risk/return balance that’s right for your operation. You learn how multiple option positions can protect against higher or lower prices, and how to select the right position(s) for your needs.
  • Applying Concepts Learned I
    A price management exercise tests your ability to use futures and a basic options strategy to establish and protect a price for a simulated dairy operation through several decision periods.

Day 2 – 10/19/2017

  • Creating a Margin Management Policy
    Best practices in margin management, starting with a strategic approach that includes the creation of an objective margin management policy to guide decision-making.

  • Tailoring Your Strategy as Markets Change
    Taking an active approach to margin management to improve long-term outcomes. We explore why and how to make adjustment to initial positions to address risk or take advantage of opportunities to capture attractive margins as commodity prices change.

  • Applying Concepts Learned II
    A second, more advanced exercise reinforces your understanding of how to initiate and adjust positions over a marketing period to achieve a margin objective. We conclude by evaluating the choices made at various decision points and the resulting effects on net margins.

Registration Details

Registration fee includes breakfasts, lunches and a Wednesday evening cocktail reception. For more information, please call 1.866.299.9333.

NASBA Continuing Education Credits

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. Web site: www.nasba.org

Learning Objective

Participants will be introduced to the futures and options markets, and learn strategies to manage commodity price risk.

Learning Level

Basic

Prerequisites

None

Delivery Method

Live

Enroll

If you’d prefer to enroll by phone,
please call 1.866.299.9333.

Price

$550

Dates & Time

Oct 18th, 8:00 AM – 5:00 PM and
Oct 19th, 8:00 AM – 1:00 PM

Location

Marriott Courtyard Downtown San Diego
San Diego, CA

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There is a risk of loss in futures and options trading. Past performance is not indicative of future results. The information contained in this publication is taken from sources believed to be reliable, but is not guaranteed by Commodity & Ingredient Hedging, LLC, nor any affiliates, as to accuracy or completeness, and is intended for purposes of information and education only. Nothing therein should be considered as a trading recommendation by Commodity & Ingredient Hedging, LLC. The rules and regulations of the individual exchanges should be consulted as the authoritative source on all contract specifications and regulations.

Testimonials are not indicative of future success. Individuals providing testimonials were not compensated. The information contained in this publication was created by Commodity & Ingredient Hedging, LLC and should not be copied or redistributed without its consent.

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