Advanced Risk Management Program 

This course is designed for farmers and ranchers who have been exposed to futures and options but now want to put them to work for their businesses. The expectation is that participants will emerge from the course with a draft risk management plan for the commodity(s) they produce or purchase.

Why Graduate find CTEAM so valuable

• You will receive a plan format at the beginning of the course. By the end, you will have it complete, containing the major parameters of your plan.
  
• This program will spend one day as a refresher on Basis, Hedging with Futures and Options, and Technical Analysis.
  
• Days 2 & 3 will focus on developing a Risk Management Plan.

"The course was challenging, thought-provoking, and pretty intense. There was also no lack of humour. Thanks, it was very worthwhile!”
- Harvey Jasudavisius, Procurement Manager, Weetabix of Canada Ltd.

Days 2 & 3 - Developing the Risk Management Plan I 

The elements of a plan

• Understanding your farm’s ability to absorb risk
  
• Developing your objective(s)
  
• Defining your trading rules

Once we have defined your objectives and the general trading rules, you will define exactly: 

• Where you will enter the market, what you will use for an entry rule and what you will use for an exit rule
• Whether you will use futures, options, or forward contracts
• What quantities you will trade and the information you need in order to calculate your entry and exit triggers
• What action, if any, you will take if you sell too low in the cash market
• What, if anything, you are going to do about exchange rate risk
• What will be the role of your broker and lender Who will be responsible to execute the plan and have the discipline to follow the rules

Program prerequisite

This program is created for those individuals who have a comprehensive understanding of the basic fundamentals and terminology regarding futures and options. Previous trading experience is required.

“All sections of this course were very well presented. I would highly recommend this course to anyone wanting to further their understanding of managing commodity based pricing."
- Derek Jamieson, General Manager, Four Division, New-Life Mills Limited

Principal Instructor

Dr. Larry Martin Principal & Lead Instructor Agri-Food Management Excellence Larry Martin, lead instructor, publishes and speaks internationally on all aspects of futures trading, agricultural competitiveness and international trade. He is considered an expert on trade issues surrounding agricultural commodities and has been consulted by many companies and organizations in North America and Europe.