Start Date: 2/26/2019 8:00 AM CST
End Date: 2/26/2019 4:00 PM CST
Venue Name: Farm Credit Services of America Location:
5015 S 118th Street
Omaha, NE United States 68137
Nebraska Grain and Feed Association
Sponsor: Michael Shawver (CIH), Justin Morris (FCSA)
Sponsored by CIH and Farm Credit Services of America
This seminar is designed to help grain originators gain a deeper understanding of structured contracts, including how options add flexibility that can benefit both growers and originators.
- OPTIONALITY IN CASH CONTRACTS
Discussion of how structuring options in cash contracts can offer varying degrees of flexibility for growers to participate in higher prices along with looking at the strength of different position structures and which contracts best compliment various market conditions.
- CASE STUDIES AND GROUP EXERCISE
Comparing results of three structures under separate market paths to review why certain contracting alternatives are more effective than others in different situations. A group exercise will reinforce these concepts in a separate historical marketing scenario.
- ADVANTAGES OF PROACTIVE CONTRACT MANAGEMENT
As market conditions change, so should contract structures. We will review potential strategy adjustments that growers may want to consider and how additional value can be added for both the grower and the originator over the contracting life cycle.
- GROWER MARGIN MANAGEMENT SIMULATION
Integrated online simulation incorporating cash contracts, both firm and flexible, to manage the risk of a grower’s profit margin through a historical market.
Instructed by Commodity Ingredient Hedging and in collaboration FCSA (Farm Credit Services of America).
NASBA Continuing Education (CPE)
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 gain an understanding of the mechanics of structured grain contracts, including how options add flexibility that can benefit both growers and originators.
CPE Credits: 8
Learning Level: Basic
Delivery Method: Live