Beef Margin Management Seminar, April 3-4, 2019

The CIH Beef Margin seminar is designed to help beef producers identify and protect forward profit margins. This comprehensive seminar includes a thorough review of cash market alternatives and a fundamental background of the futures and options market. The seminar will also focus on how the cash market, in combination with the options market, can help increase flexibility to optimize the profit margin in your operation.

CPE Credits: 12

Topics Covered

• Fundamentals of Beef Margin Management
  An introduction to modeling forward profitability and using various contracting alternatives to protect profit margins.
• Contracting Alternatives
  Comparing available contracting choices in the cash and futures markets.
• Introduction to Options
  An overview of options, including how they work and components of option premium/value.
• Core Options/Futures Strategies
  How to use futures and options positions to establish protection against the risk of higher costs and lower sale prices.
• Core Strategy Adjustments
  Factors – costs and benefits – to consider when weighing strategic position adjustments as prices fluctuate over time.
• Applying Concepts Learned
  An interactive price management simulation to reinforce and test new skills. Participants will make several price management decisions over a marketing period and evaluate the resulting effect on net margins.

Seminar Details

Registration fee includes breakfast, lunch, an evening cocktail reception and all seminar materials. Click to register by email. For more information, please call 1.866.299.9333.

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. Web site: 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.

Learning Level

Basic

Prerequisites

None

Delivery Method

Live