Hog Risk Management Seminar – Larchwood, IA

We’ve tailored our new education seminar to reflect the everchanging landscape of Hog Risk Management.   Today’s risk management for pork producers involves blending physical sales, exchange traded instruments, and government subsidized insurance programs.   Learn how to integrate these various risk management tools seamlessly in order to improve your bottom line and protect your profit margins.

Topics Covered

• Introduction to Profit Margin Management
  Identifying forward profit margins using the futures market as a price discovery tool with a focus on objective comparison with historical margins.
• Core Strategies
  Optimizing the use of futures, options, and insurance positions used by livestock producers to manage the risk of both higher and lower prices, as well as a discussion of the concept of delta.
• Dynamic use of livestock insurance programs
  Harnessing the value of LRP and LGM- when and how to use the programs to protect price and address basis risk, as well as using exchange traded instruments to maximize the benefits of the programs.
• Best Practices of Effective Position Management
  Overview of initiating positions in an objective manner, as well as a discussion of position management and making tactical adjustments to strategies (including livestock insurance) over time.
• Applying Concepts Learned
  Interactive exercises, including a price management simulation, reinforce and test new skills. Participants will make several price management decisions over a marketing period and evaluate the resulting effect on net margins.
• *Optional Segment (12:00pm – 1:00pm on June 24)
  Leveraging the Margin Coverage Option (MCO) of the Federal Crop Insurance

Date and Time

June 23, 8:30am – 4:00pm

June 24, 8:00 am – 12:00pm
*Optional Segment: Leveraging the Margin Coverage Option (MCO) of the Federal Crop Insurance (12:00pm – 1:00pm)

Registration fee is per operation. It includes breakfasts, lunch, and an optional group dinner on Day 1. For more information or enroll by phone, please call 312.596.7755.

Location

Grand Falls Casino & Golf Resort
1415 Grand Falls Blvd, Larchwood, IA 51241

Call 712.777.7777 and mention “CIH Training” to take advantage of the room block.

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