Women Marketing Grain

June 3, June 10, June 17 and June 24, 2020 | Red Oak, 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 3, June 10, June 17 and June 24, 2020

    Meal 5:30 PM.
    Program begins at 6:00 PM and concludes at 9:00 PM.

    Where

    Montgomery County Extension and Outreach
    400 Bridge St #2
    Red Oak, IA 51566

    Statewide sponsors

    Farm Credit Services

    USDA

    Register

    $75

    Registration, prior to midnight May 27, 2020

    Registration includes meal and course materials.

    Reminders

    • Registration deadline is midnight, May 27, 2020. 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

    Lori Mitchell

    Lori Mitchell
    program coordinator
    Montgomery County Extension
    712.623.2592
    lmitch@iastate.edu

    Patrick Hatting

    Patrick Hatting
    Extension farm management field specialist
    515.337.9935
    hatting@iastate.edu