Women Marketing Grain

June 6, June 13, June 20 and June 27, 2019 | Boone, Iowa

A four-session course to assist women in developing a plan for marketing corn and soybeans.

What is the Women Marketing Grain course?

With unpredictable crop prices and tight margins, marketing can make the difference in the profitability
of corn and soybean production. How well farmers get paid for a year’s worth of work can be wrapped up in just a few marketing decisions. In this course, women will learn how to manage price risk using tools like forward contracts, futures and options contracts, alternative marketing contracts, and crop insurance. Participants will work in a computer lab to access online decision tools and to develop a marketing plan. Women will learn market strategies and how to stay on track for long term marketing success.

Course Curriculum

Identifying crop prices and marketing costs
  • Sources of futures and cash market prices
  • Basis
  • Futures carry
  • Costs of storage
  • Understanding price movements
  • Crop marketing terms
  • Market fundamentals of supply and demand
  • Technical chart signals
  • Seasonal price trends for futures prices and basis
  • Utilizing a variety of crop marketing tools including
  • Spot cash sales
  • Forward contracts
  • Hedge-to-arrive contracts
  • Futures hedging
  • Futures options (puts and calls)
  • Managing Marketing
  • Determining break-even price points
  • Accessing market information
  • Developing marketing plans
  • Developing a crop marketing plan with price, time, and financial goals in mind

    Women Marketing Grain is interesting and fun!

    • Topics of importance to your future in farming
    • Brief presentations and extended discussions
    • Practical hands-on activities
    • Decision making resources available to you
    • Comfortable and supportive learning environment
    • Networking with other farm women

    When

    June 6, June 13, June 20 and June 27, 2019

    Meal and registration at 5:30 PM.
    Program 6:00 PM to 9:00 PM.

    Where

    Courter Center, DMACC Boone Campus
    1125 Hancock Dr
    Boone, IA

    The meal will be served in the Courter Center. Participants may park in the south parking lot and enter through the main doors.

    Local sponsors

    Landus Cooperative

    Iowa Farm Bureau

    DMACC - Boone Campus

    Statewide sponsors

    Farm Credit Services

    USDA

    Register

    $75

    Registration, prior to midnight, May 30, 2019

    Registration includes meal and course materials.

    Reminders

    • Registration deadline is midnight, May 30, 2019. Pre-registration is required.
    • Class size is limited and pre-registration is required to attend. Registrations accepted on a first-come, first-paid basis.
    • Confirmation of registration is sent via email. Please provide a valid email address when registering
    • To cancel your registration, or for assistance with registration, receipts, or questions on the status of your registration contact Program Services at (515) 294-6429 or anr@iastate.edu.

    Contact

    Alex Merk

    Alex Merk
    county director
    Boone County Extension
    515.432.3882
    alexmerk@iastate.edu

    Steve Johnson

    Steve Johnson
    Extension farm management field specialist
    515.957.5790
    sdjohns@iastate.edu