ALTOONA, Iowa — Commodity producers and traders can improve their crop-price risk-management skills with a new online crop-marketing course, open for enrollment until Jan. 31.
The online course was developed by Iowa State University Extension and Outreach and specialists with the Iowa Farm Bureau Federation. The course registration fee is $200 and is payable during registration.
Enrollees will explore the use of futures, options, hedge-to-arrive and a variety of crop market contracts and learn about basis and seasonal futures price trends. Exercises include calculating the cost of grain ownership and developing old and new crop written marketing plans that set both price and time objectives.
The online format allows learners to learn at their own pace, with students completing the content in four weeks on average after registration. Students may progress through the course as fast or slow as they wish, provided they complete the course content prior to March 15.
The instructors are Ed Kordick, commodity services manager with the Iowa Farm Bureau Federation, Steve Johnson, ISU Extension farm management specialist, and Chad Hart, associate professor of economics and extension economist at Iowa State University.
For more information, visit the course website.