Northern Crops Institute will offer the Advanced Grain Procurement Strategies short course May 14-18 at the Northern Crops Institute in Fargo. The course is designed for global grain buyers who want to better manage price and quality risks to gain a competitive edge in grain marketing decisions.
Lectures in basis analysis, trading strategies, price risk management strategies, quality specifications strategies, logistics management and buyer and seller relations in grain procurement will be supplemented by trading games, case studies and panel discussions.
William Wilson, University Distinguished Professor of Agribusiness and Applied Economics, and an expert in commodity futures trading, will lead the course. Course participants also will have an opportunity to interact with U.S. grain merchandisers who have years of practical experience in the international grain business.
Persons who attend the course should be actively involved in grain merchandising and be well versed in grain marketing or have a basic understanding of commodity merchandising principles. Participants also must be fluent in the English language.
The course registration fee is $1,100, with payment in full due one week before the start of the course. With the course fee, participants will receive refreshments during scheduled breaks and a CD-ROM containing materials from lectures and laboratory demonstrations. Hotel rooms and other meals are not included in the fee. Cancellations received after the registration deadline will be assessed a 10 percent service fee. Special rates are available to groups of three or more from the same company.
For more information and to register, go to www.northern-crops.comand follow the educational courses link or call 231-7736. Registration deadline is April 23.
Northern Crops Institute supports regional agriculture and value added processing by conducting educational and technical programs that expand and maintain domestic and international markets for northern grown crops. The institute is funded by the states of Minnesota, North Dakota and South Dakota and commodity groups in those states and Montana.