If you’re interested in learning grain marketing but aren’t sure where to start, the Michigan Corn, Soybean and Wheat Checkoff programs are offering a workshop on the basics.
“A lot of people out there maybe are not feeling super confident about using different pricing tools—forward contracts, hedging, options, minimum price contracts—to reduce their risk when they’re selling their commodities,” said Matthew Gammans, assistant professor of agriculture, food and resource economics at Michigan State University.
Gammans is leading the workshop. He said he wants to get people familiar with the basics, how to use them, and build a level of comfort putting them in practice.
“Maybe it’s been a while since they learned about the theory behind some of these tools—so a refresher to get up to speed on what are these things and how can we use them in our operation,” he said.
The workshop will take place over three Tuesday nights, beginning February 23 from 7 to 9 p.m. over Zoom. To register, click on this link.