Individuals engaged in the agricultural marketplace wanting to better understand world agricultural markets and associated risk-management strategies will have opportunity to attend a two-day workshop scheduled for January 25-26 at the Illini Center in Chicago, Ill. The workshop, sponsored by the University of Illinois, will provide an in-depth update on the latest trends in the world agricultural marketplace, grain flow, transportation, regulation, hedging, basis trading, spreads, market reports, and options.

"The workshop explains the agricultural marketing system, including production, transportation, processing, and risk-management. We analyze market reports and create hedging plans using futures and options. Whether you are a trader looking to understand the fundamentals, or a professional in any area of agriculture, financing, education, or government regulation, the workshop will provide you with a useful overview and insight into agricultural markets," said Eugene Kunda, University of Illinois agricultural economist and workshop instructor. 

Kunda serves as Visiting Assistant Director and Research Associate with the Office for Futures and Options Research in the Department of Agricultural and Consumer Economics at the University of Illinois. Prior to joining the University of Illinois, he worked at John Deere Agri Services in agribusiness marketing development. He also served as Senior Economist in Business Development at the Chicago Board of Trade for 14 years.

Agricultural consultant Sue Goll joins Kunda in teaching the workshop. Goll has more than 20 years experience as a cash grain merchandiser and futures industry professional. As a grain merchandiser, she worked for A.E. Staley trading soybeans, soymeal, and corn out of the Des Moines, Iowa soybean processing plant, and the Lafayette, Ind., wet milling corn plant. Goll also worked for the Chicago Board of Trade where she traveled worldwide teaching the use of agricultural futures and options markets. Currently, she works with domestic and foreign business clients, teaching cash market fundamentals and the practical use of futures and options.

The workshop is scheduled from 9:00 a.m. to 4:30 p.m. each day. Cost for the full two-day workshop is $650, and includes all materials as well as a session at the Chicago Board of Trade to observe trading and the daily closing of the agricultural futures and option markets.

For more information, click here or contact Eugene Kunda at (217) 333-1427 or via email at kunda@illinois.edu.

Source: University of Illinois