A pork producer’s risk management strategy can make the difference between a loss, a modest profit and a healthy one.
Whether you’re new to the game or a seasoned veteran, the educational process is an on-going one. To assist with that effort, Commodity & Ingredient Hedging is providing a two-day seminar on Feb. 8-9, in Chicago. The sessions will run from 8:30 a.m. to 4:30 p.m. on both days.
“This program is designed to help pork producers develop a marketing edge for their operation by managing their profit margin,” says Donald Moy, with CIH. “It is appropriate for all experience levels.”
The comprehensive seminar will include a thorough review from a fundamental background of the futures market, including terminology, order flow and margining topics to position structure and management. The seminar also will address futures and options strategies that allow complete flexibility to optimize the operation’s profit potential, Moy notes.
Included in the event is a tour of the CME Group’s trading floor at the Chicago Board of Trade Building. “This is to help reinforce the knowledge of why the markets exist and how they function, Moy says.
An online price management simulation will tie together the hedging concepts learned throughout the program and lets participants leave with fresh ideas of how to improve their hog operation’s margin.
The cost for the two-day seminar is $550 per person. Click here to register or call (800) 241-5498.