Professionals responsible for buying U.S. food and feed grains, commodity traders and bankers will want to attend the Risk-Management courses to be held at the International Grains Program at Kansas State University this summer.
The Risk-Management course is planned for August 12-16, 2013. "In this course, participants will develop an understanding of the relationship between cash and futures markets, fundamental and technical analysis, futures spreads, principles of hedging, and principles of risk management and basic trading," says Jay O’Neil, IGP senior agricultural economist and course manager.
As an additional supplement to the course, IGP is planning a two-day Export Grain Contracting session for Thursday and Friday, August 8-9, prior to the start of the Risk-Management course.
“The risk-management courses give participants a good understanding of commodity risk manage-ment principles as well as providing them tools and real-world strategies that can be used to control costs and maintain profitability,” says O’Neil. He adds, “As global food input prices reach extreme levels, the topic of risk management is critical in ensuring the security of a company’s financial future.”
Those interested in taking either or both of these courses should visit the registration site at: www.igpevents.grains.ksu.edu.
Along with offering grain marketing and risk management training, IGP faculty also teach courses in flour milling and grain processing, and feed manufacturing and grain management. To learn more about IGP or to register for this course, visit the IGP website at www.grains.ksu.edu/igp.