NCDA&CS hosts risk-management workshops

The N.C. Department of Agriculture & Consumer Services’ Marketing Division will hold a series of free risk management workshops on “Managing Price Volatility By Using Futures & Options.”

Topics to be covered include: Introduction to Grain Hedging, Basis Trading, Cost of Carry, Cotton Futures, and Options Trading on Futures, Equities, and Indices. There will be an emphasis on the principles of options, spreading strategies and using options to manage financial risk.

Energy derivatives, traded at the NYMEX, will be explained as well as trading strategies to manage your exposure to energy. All workshops will be held from 10 a.m. to 3 p.m. with an “on your own” lunch break.

Following is the workshop schedule and locations:

Jan. 20 -- Robeson County Agriculture Building, Lumberton, (910) 671-3276.
Jan. 21 -- Columbus County Extension Office, Whiteville, (910) 640-6605.
Jan. 27 -- Wayne Community College, Dogwood Building, Goldsboro, (919) 735-5151.
Jan. 29 -- Pitt Community College, Leslie Building, Greenville, (252) 321-4200.
Feb. 10 -- College of the Albemarle, Small Business Center, Elizabeth City, (252) 335-0821.
Feb. 18 -- Halifax Community College, Weldon, (252) 536-7226.
March 4 -- Stanly Community College, Crutchfield Campus, Locust, (704) 888-8848.
March 10 -- Carolina Farm Credit, Statesville, (704) 873-0276.