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RISK MANAGEMENT SESSIONS TO BE HELD IN NORTH CAROLINA

The North Carolina Cattlemen's Association (NCCA) is teaming up with the National Cattlemen's Beef Association (NCBA) and the Chicago Mercantile Exchange (CME) to present a risk management workshop, Marketing Your Way to Profitability. The sessions will be held on Nov. 29 at the George Upton Livestock Arena in Clinton, N.C., and on Nov. 30 at the Iredell County Ag Center in Statesville, N.C.

The workshop features hands-on training for using futures and options, and how to these marketing tools can assist an operation. Errol Baxter, CME associate director of commodity products, and Tom Clark, CME manager of commodity products, will teach the course. It also features a special presentation by Dr. Geoff Benson, extension economist, North Carolina State University. The CME staff will present a beginning-level course that includes instruction on the mechanics of futures with hedging, and the basics of forward pricing with options.

“Educational activities are just one way your associations are providing service to you,” says Beecher Allison, NCCA president.

“The risk management sessions are designed to help cattlemen obtain tools that can help them to be more profitable,” adds Bundy Plyler, NCCA executive director.

Registration is required for this event. Meals and breaks will be provided with your registration fee. For the two-day event, the registration fee is $15 for members of NCCA, NCBA or any of its state affiliates. Non-member registration fee is $35. For more information on the sessions and to register, contact Bundy Plyler, NCCA, at 919-552-9111 or bundy @nccattle.com, or Renee Lloyd, NCBA, at 303-850-3373 or rlloyd@beef.org.

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