The North Carolina Cattlemen's Association, the National Cattlemen's Beef Association, and the Chicago Mercantile Exchange are presenting a risk management workshop in North Carolina on Nov. 29-30.
The workshop, called "Marketing Your Way to Profitability," will take place at the George Upton Livestock Arena in Clinton, N.C. on Nov. 29, and on Nov. 30 at the Iredell County Ag Center in Statesville, N.C.
"The risk management sessions are designed to help cattlemen obtain tools that can help them to be more profitable," says Bundy Plyler, NCCA executive director.
The workshop features hands-on training for using futures and options, and how to these marketing tools can assist an operation. Errol Baxter, CME associate director of commodity products, and Tom Clark, CME manager of commodity products, will teach the course. It also features a special presentation by Dr. Geoff Benson, extension economist, North Carolina State University. The CME staff will present a beginning-level course that includes instruction on the mechanics of futures with hedging, and the basics of forward pricing with options.
Registration is mandatory for the event, and includes meals and breaks. The fee is $15 for members of NCCA, NCGA, or any of its state affiliates, and $35 for non-members. For registration and for more information, contact Bundy Plyler, NCCA, at 919-552-9111 or [email protected], or Renee Lloyd, NCBA, at 303-850-3373 or [email protected].