Marketing Risk Management - March, 2013

Duane Griffith, Montana State University Emeritus
 
         

Materials for this workshop may be accessed by clicking on an icon to:
   (1) Playback a VIDEO of the presentation,
   (2) Listen to an AUDIO-ONLY version of the presentation (MP3),
   (3) Download an MP4 VIDEO version of the presentation (right-click), or
   (4) Download or view the PDF DOCUMENT file.


1. Introduction
- An introduction to the four types of price variation

2. Understanding Basis
- Understanding and Using Basis Data/Information.

3. Traditional Marketing Tools
- Forward Contracting- Alternatives for Forward Contracting Grain
- Futures- Using Futures To Hedge
- Options- Using Options for Price Risk Management
  * TOOL- Comparing Price Protection Levels with Futures and Options

4. Insurance Risk Management
- Grains- Risk Management Strategies Utilizing Combo Insurance Plans, Futures and Options
  * TOOL: Corn- Comparative Price and Revenue Risk Management Analysis Using Futures, Options, and Combo Insurance Plans
  * TOOL: Spring Wheat- Comparative Price and Revenue Risk Management Analysis Using Futures, Options, and Combo Insurance Plans
  * TOOL: Winter Wheat- Comparative Price and Revenue Risk Management Analysis Using Futures, Options, and Combo Insurance Plans
  * MANUAL:- Comparative Price and Revenue Risk Management Analysis Using Futures, Options, and Combo Insurance Plans

- Livestock- Futures, Options and LRP Compared
  * TOOL: Livestock- Comparative Price Protection Analysis for Livestock Using Futures, Options, and Livestock Risk Protection (LRP) Insurance

5. Developing Risk Management Strategies

6. Cost of Production
- Estimating Enterprise Cost of Production


- Complete Handout Packet


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A product of the RightRisk Education Team:
Colorado State University & University of Wyoming,
University of Arizona, University of Idaho,
Montana State University, University of Nebraska, Oregon
State University and Utah State University Extension cooperating