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Hedging Topics for Ag Lenders

Hedging Topics for Ag Lenders
This event has gone virtual! It will be offered in two parts on September 15 and 22.

Who Should Participate

Presidents, vice presidents, CEOs, beginner/advanced ag lenders, anyone interested in agriculture and/or ag lending.

Make your attendance count towards your continuing professional education credits! MBA will provide a certificate of attendance that you may submit to the appropriate advisory board.

Webinar # 1 – September 15

Module 1:  Introduction to Margin Management – review of the exposure crop and livestock producers face between input costs and sales revenue with discussion of the various contracting tools available to mitigate this risk exposure.  Reviewing the cash market and the futures market will be covered to explain the difference in these contracting alternatives as well as to highlight the distinction between price risk and basis risk on forward profitability.
Module 2:  Core Strategies to Manage Price Risk – discussion of the various futures and options strategies typically employed by crop and livestock producers to protect forward input costs and sales revenue, including their features, benefits, advantages and disadvantages.  We will review why different strategies may be used under different circumstances to allow for more protection against margin exposure, or opportunity for margin improvement, as well as how options positions may be used in conjunction with physical contracting to increase price flexibility. 

Webinar #2 – September 22
Module 3:  Account Statements and Projecting Margin Requirements – review of brokerage firm statements to decipher cash and equity position, liquidating value, and margin requirement followed by a discussion of performance bonds for various futures and options strategies along with stress-testing for potential capital exposure as price levels change over time.

Module 4:  Margin Management Simulation – we will go through a past historical marketing period to make strategic decisions on managing the forward profit margin of a hypothetical operation (crop or livestock – TBD) by managing price through several decision periods to explore concepts learned in a practical market exercise.


Chip Whalen is vice president of the education and research team at Commodity & Ingredient Hedging (CIH), Chip leads the group responsible for developing and teaching seminars on commodity risk management; conducting and disseminating commodity market research; and producing the firm’s educational publications for agriculture producers and their lenders. In addition, he is a frequent contributing author on the topic of Commodity risk management for a variety of agriculture publications. Chip has been with CIH since its inception in 1999. He holds a B.B.A. in finance from Loyola University and a Series 3 (National Commodities Futures Examination) License.

You will receive the webinar link the day prior to the webinar.

Please note: Each link is uniquely coded and may only be used by the individual registered for the course. We ask that you do not share the link and reserve the right to remove unregistered attendees.

Registration Fee

Member: $295.00
Each additional person from same bank $255.00 
Qualified Non-Member $590.00

Note:  You will be given the option to pay by credit card or to invoice your company during the checkout process.

Dates & Times

Module 1 - September 15, 2020
8:30 AM - 12:00 PM
Module 2 - September 22, 2020
8:30 AM - 12:00 PM


At Your Desk

Cancellation Policy

The MBA reserves the right to cancel programs due to insufficient enrollment, instructor illness, or other reasons. Participants wishing to cancel must inform the MBA in writing prior to the event. Send cancellation notices to A cancellation fee of 25% of the program cost will be charged for withdrawing, or you may send a substitute. The full program fee will be charged for withdrawing after the event has taken place or a no-show.

9/15/2020 8:30 AM - 9/22/2020 12:00 PM
At Your Desk
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