| Price | £1,950.00 + VAT | ||
|---|---|---|---|
| Duration | 2 days | ||
| Location | London | ||
| Available Dates |
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Day One
Introduction
- Agricultural Markets in Perspective
o Staple v Luxury
o Agriculture Trading Patterns and Players
o Agriculture's Place in World Markets
Grains and Oils
-Grains and Oils - Corn, Wheat, Rice, Soybean
o Fundamentals - Crop to Table
o Crop Calendars
o Natural Threats
o World Production, Trade and Consumption
Managing Agriculture
-Essential Processes
o Milling
o Waste processing and bi-products
o Co-generation
-Enhancement Techniques
o Crop Rotation
o Genetic Modification
Biofuels
-Agriculture for Energy
o Gasoline and Diesel
o Processes
o Limitations
* EXERCISE - Crop Selection
Softs
-Cocoa, Coffee, Sugar
o Fundamentals -Crop to Table
o Crop Calendars
o Natural Threats
o World Production, Trade and Consumption
Evolution of Markets
-Trading Physical Commodities
o Specific v Generic Trading
o Operations
-Characteristics of different markets
o What makes a "good" market
-How markets work and behave
o Arbitrage
-Market Drivers
o Fundamental, Geopolitical, Technicals
Day Two
Other Agricultural Commodities
-Cotton. OJ, Palm Oil
o Fundamentals Crop to consumer
o Crop Calendars
o World Production, Trade and Consumption
Trading Markets
-Exchanges and Contracts
o Calendar structure
o Relationship to physical
o Liquidity
-Related Markets
o Freight
o Weather
Markets Review
-Price Histories
o Key Events
o Forward curve structure
-Related Markets
o Interaction with Energy Markets
-Focus on COVID and Ukraine
Trading & Risk Management
-Characterising and Quantifying Risk
o Long and Short
o Basis vs Outright risk
o Physical v Financial Exposure
-Trading Instruments
o Futures
o Swaps
o Options
-Modelling Financial Risk
o VaR
o Options
o Credit Risk
-Hedging physical positions with different instruments
o Exposure diagrams
* EXERCISE - Exposure Diagrams or Options
Future of Agriculture
-Population Growth
-Key Challenges
o Water
o Climate Change
o Competition for land
-Weather Modification
-Net-Zero 2050