This document provides guidance on developing an effective grain marketing plan. It recommends dividing expected production into portions and assigning separate pricing objectives and strategies to each portion. The plan should identify price targets for pre-harvest, harvest, and post-harvest periods. Key factors to consider include personal risk tolerance, financial needs, seasonal price patterns, and current market outlook. An effective plan imposes marketing discipline and takes emotion out of pricing decisions.
This document provides guidance on developing a grain marketing plan. It recommends identifying price objectives and marketing strategies for different portions of expected production. Price objectives should consider costs of production, seasonal price patterns, and financial needs. Marketing strategies may include hedging, options, forward contracts, or storage. The plan sample divides expected corn production into fifths and assigns separate price targets and strategies to each portion, with more conservative approaches used for earlier marketed amounts.
The document wishes the reader a Merry Christmas in two words. It conveys a holiday greeting without any additional context or details. In a very concise manner, it acknowledges and celebrates the Christmas holiday season.
Dokumen ini membahas metode prediksi numerik dan kategorik menggunakan teknik data mining, seperti analisis regresi linear dan nonlinear, serta model CART. Metode-metode ini dapat digunakan untuk memprediksi penghasilan, waktu pengiriman pesanan, dan kemajuan penyakit menurut data biomedis. Dokumen ini juga menjelaskan penerapan metode-metode tersebut dalam bisnis intelijen untuk memprediksi gaji dan kejahatan
An overview of TkXel's web engineering services. Get to know us better through our expertise, process and the types of projects we've delivered for clients across the world.
This document summarizes the development of a rice polishing machine (RPM) by a researcher in Nigeria. The RPM was designed to improve on traditional polishing methods and reduce reliance on imported machines. The key components of the RPM include a hopper, sieve, belt, pulleys, shafts, bearings and electric motor. Mathematical equations are provided to describe the design calculations for each component, including the hopper volume, sieve hole size and shape, belt and pulley diameters and speeds, shaft dimensions, and power transmission. The developed RPM can process rice at a rate of 25g/s and costs approximately $13,185 to produce locally, competing favorably with imported machines.
Using predictive analytics to increase consumer response rate - PyCon Irelan...Conor Duke
We have recently taken millions inbound and outbound text messages and used predictive techniques to increase the user response rate to outbound messaging.
The talk will include data wrangling, stack set-up, feature creation and extraction and various machine learning techniques and there application to the business problem
Topic Modelling to identify behavioral trends in online communities Conor Duke
We extracted a high volume of discussion from an online help forum and were able to significantly predict behavior based on the type of topics users were discussing, we are currently applying this to reduce churn and increase ARPU at major telco provider
This presentation includes a introduction to semantic analysis using Radim Řehůřek's Gensim and D3. We will be discussing the statistical principals of LDA, its application using Ipython notebook and interrogation of the results using D3 framework.
BIO: Conor Duke is the Insights manager at Fabrikatyr Analytics. He likes coffee, doing stuff social good and the outdoors. @conr / ie.linkedin.com/in/conorduke
This document provides guidance on developing a grain marketing plan. It recommends identifying price objectives and marketing strategies for different portions of expected production. Price objectives should consider costs of production, seasonal price patterns, and financial needs. Marketing strategies may include hedging, options, forward contracts, or storage. The plan sample divides expected corn production into fifths and assigns separate price targets and strategies to each portion, with more conservative approaches used for earlier marketed amounts.
The document wishes the reader a Merry Christmas in two words. It conveys a holiday greeting without any additional context or details. In a very concise manner, it acknowledges and celebrates the Christmas holiday season.
Dokumen ini membahas metode prediksi numerik dan kategorik menggunakan teknik data mining, seperti analisis regresi linear dan nonlinear, serta model CART. Metode-metode ini dapat digunakan untuk memprediksi penghasilan, waktu pengiriman pesanan, dan kemajuan penyakit menurut data biomedis. Dokumen ini juga menjelaskan penerapan metode-metode tersebut dalam bisnis intelijen untuk memprediksi gaji dan kejahatan
An overview of TkXel's web engineering services. Get to know us better through our expertise, process and the types of projects we've delivered for clients across the world.
This document summarizes the development of a rice polishing machine (RPM) by a researcher in Nigeria. The RPM was designed to improve on traditional polishing methods and reduce reliance on imported machines. The key components of the RPM include a hopper, sieve, belt, pulleys, shafts, bearings and electric motor. Mathematical equations are provided to describe the design calculations for each component, including the hopper volume, sieve hole size and shape, belt and pulley diameters and speeds, shaft dimensions, and power transmission. The developed RPM can process rice at a rate of 25g/s and costs approximately $13,185 to produce locally, competing favorably with imported machines.
Using predictive analytics to increase consumer response rate - PyCon Irelan...Conor Duke
We have recently taken millions inbound and outbound text messages and used predictive techniques to increase the user response rate to outbound messaging.
The talk will include data wrangling, stack set-up, feature creation and extraction and various machine learning techniques and there application to the business problem
Topic Modelling to identify behavioral trends in online communities Conor Duke
We extracted a high volume of discussion from an online help forum and were able to significantly predict behavior based on the type of topics users were discussing, we are currently applying this to reduce churn and increase ARPU at major telco provider
This presentation includes a introduction to semantic analysis using Radim Řehůřek's Gensim and D3. We will be discussing the statistical principals of LDA, its application using Ipython notebook and interrogation of the results using D3 framework.
BIO: Conor Duke is the Insights manager at Fabrikatyr Analytics. He likes coffee, doing stuff social good and the outdoors. @conr / ie.linkedin.com/in/conorduke
An overview of TkXel's side with Ruby on Rails. Includes the web products we've built, web portals we've evolved and maintained, our expertise with API development, rescued projects for multiple clients & minimum viable products built using Ruby on Rails.
Auxetic materials have a negative Poisson's ratio, meaning they become fatter rather than thinner when stretched. This allows auxetic materials to have applications as smart filters, dressings, and foams. Auxetic foams are typically created from conventional foams by applying heat or solvents during compression to induce a re-entrant structure. Once made, auxetic foams can be reconverted to conventional foams when exposed to solvents again, and this conversion/reconversion process can be repeated multiple times.
The document discusses the process of parboiling paddy rice. It involves pre-steaming the paddy to soften it, soaking it in hot water to allow absorption of water and nutrients, post-steaming to gelatinize the starch, drying and then tempering. Parboiling increases rice recovery and nutrient content while reducing breakage. Key factors that influence quality are soaking time/temperature, steaming parameters and drying time/temperature. The document recommends strategies like two-stage soaking and double-pass drying with tempering to improve efficiency and quality of parboiled rice.
The document discusses the process of parboiling paddy rice. It involves pre-steaming the paddy to soften it, soaking it in hot water to allow absorption of water and nutrients, post-steaming to gelatinize the starch, drying and tempering. Parboiling increases rice recovery and nutrients while making it more resistant to insects and microbes. Key factors that control parboiled rice quality are soaking time/temperature, steaming parameters and drying time/temperature. The document recommends strategies like two-stage soaking and double-pass drying with tempering to improve efficiency and rice quality.
This panel event will be about trying to understand the do's and don'ts of inbound to ensure you convert your leads, rather than build you webtraffic
The Consequences of a Faceless Social Media Campaign
Heidi Grimwood - Campaign specialist Social Media Skills Club
The journey to modern marketing
Peter Reynolds - Marketing Cloud Alliances for Western Europe ; Oracle
Inbound Marketing - Secrets to Success
Alan Lynam - International Account Manager at HubSpot
Big Data and Marketing: Data Activation and ManagementConor Duke
Data Management and Activation
Crevan O’Malley – Evangelist, Oracle Marketing Cloud
Modern Marketers rely on data-driven marketing solutions to deliver more personalised customer experiences across every channel—helping attract and retain the ideal customers who become brand advocates. Discover how to aggregate, enrich, and analyze all your customer data on a single data management platform.
Why Marketers need to know about Data
Tara Grehan - Managing Director at Datalytics
Why Marketers need to know about Data
Tara Grehan - Managing Director at Datalytics
Despite starting out as a qualitative researcher, roles and projects frequently brought me back to data. And so I decided to tackle it and have developed some interesting insights into data management along the way.
Having worked in Marketing both agency and client side for fifteen years now in a variety of roles from Market Research and Customer Insights to Change Management, being comfortable with data has made all the difference and this evening I’ll tell you why.
Using Big Data to Grow on a Budget
Michael Waldron - Marketing and Sales Manager at AYLIEN
AYLIEN is an Artificial Intelligence content analysis startup and Mike will be speaking on their growth journey over the past 6 months. With a focus on how they have delivered growth by optimising their budget, focusing on Data Points that matter and what to points to obsess on through the marketing funnel.
ManpowerGroup is a global leader in innovative workforce solutions. They provide staffing, recruitment, talent management, and outsourcing services through their four brands: Manpower, Experis, Right Management, and ManpowerGroup Solutions. They leverage their global reach and local expertise across over 80 countries to help businesses access the talent they need. In Ukraine specifically, ManpowerGroup has been operating successfully since 1994 through their 12 offices, placing over 9,500 associates for over 1,200 clients each year.
The document provides information on segmentation, targeting, and positioning strategies for various food and beverage brands in India. It discusses STP strategies for packaged foods, chocolates, biscuits, chips, instant noodles, and ready-to-eat products from brands like Cadbury, Nestle, Britannia, ITC, Amul, Parle, MTR, Frito Lay, and Knorr. The segmentation is based on factors like geography, demographics, benefits sought. The targets include various age groups and customer personas. The positioning focuses on health, taste, and occasions.
Financial planning and FINPACK analysis is necessary for farmers to analyze risks and plan profitable strategies in today's volatile agricultural environment. The FINPACK program provides a comprehensive whole farm financial planning and analysis system to help farmers answer three key questions: where they currently are financially, where they want to be, and how to get there. A FINPACK analysis uses tools like the income statement, cash flow statement, and balance sheet to evaluate the profitability, liquidity, and solvency of alternative whole farm plans over the long run. The farm analyst facilitates the FINPACK process by providing relevant farm data and comparing the financial impacts of different strategic plans.
This document discusses the importance of risk management for businesses. It begins by asking questions about how the recipient would respond if asked about their risk management plan. It then provides an overview of risk management and discusses how it has become more essential given increased volatility in markets. The document outlines steps to develop a risk management plan, including defining margins, studying historical data, testing scenarios, setting targets, and executing and monitoring the plan. It emphasizes managing risk in a proactive, disciplined manner aligned with business objectives. In the closing, it stresses that having a clear risk management plan is necessary to properly manage resources and allow for business planning.
The document provides an overview and analysis of the global oilseed farming market from 2013 to 2021. It covers market segments like soybean and other oilseed farming. The market grew from $X billion in 2013 to $X billion in 2017 at a CAGR of X%, and is forecast to reach $XX billion by 2021 at a CAGR of XX%. Asia Pacific was the largest regional market in 2017 with X% share. Leading competitors in the industry include Burrus Seed farm, Gansu Dunhuang Seed Co Ltd, Hefei Fengle Seed Co Ltd, Land O’Lakes Inc., and Diester Industrie.
The global grain products market was valued at around $265 billion in 2017. Asia Pacific was the largest region in the grain products market in 2017, accounting for under 57% market share.
Read Report
https://www.thebusinessresearchcompany.com/report/grain-products-global-market-report-2018
This document summarizes Brian Roach's presentation on grain price outlook and market strategies. Some key points include:
- Grain prices set a new price plateau in 2008 and prices will likely search for the bottom of their range again this fall if crops are good, but the new price plateau will remain.
- Fundamentals like population growth and increasing meat consumption will support the price plateau.
- The presentation provides strategies for marketing crops, such as selling in increments when market signals indicate and using put options to insure unsold portions of crops.
- Updates are given on global grain supply and demand fundamentals and their implications for prices.
1) The document describes the investment strategy and process of the DSP Value Fund, an open-ended equity scheme that follows a value investment approach.
2) The fund uses a rigorous multi-step process combining quantitative screening and fundamental research to identify high-quality companies trading at reasonable valuations.
3) This process has led to the fund outperforming its benchmark on metrics like earnings growth, returns on equity, and dividend yield while maintaining a focus on quality and valuation.
This document discusses strategies for agricultural producers to succeed in a challenging economic environment with more moderate commodity prices and less volatility expected long-term. It recommends producers closely analyze variable and fixed costs, focus on reducing large controllable expenses, maintain strong financial positions, and work closely with lenders and experts. Renegotiating land rents, refinancing debt, and reducing family living expenses are identified as areas where bigger changes can be made to reduce costs by $50-100 per acre. Communicating openly with lenders and remembering that agriculture is cyclical provides a positive long-term outlook.
This document provides an overview of using futures and options contracts to manage risk for agricultural commodities. It discusses how saatbau preisgut GmbH assists farmers, merchants and processors in pricing and hedging grain and other agricultural products. The document includes chapters that cover futures and options markets, hedging strategies, and considerations for buyers and sellers of agricultural commodities.
The document summarizes a presentation by John Roach on grain price outlook and market strategies. It discusses factors that drove 2009 grain prices, including low global soybean crops and late US corn and soybean planting. It also outlines current fundamentals like rising world grain stocks and loosening supplies. The presentation provides guidelines for farmers on how to market crops, including selling in the first half of the year, using sell signals, storing grains, and using put options to cover unsold supply.
This document provides an overview and analysis of the global fruit and nut farming market from 2013 to 2021. It discusses market segmentation, key growth drivers and restraints, competitive landscape, regional analysis, and historical and forecast market size and growth rates. The top segments in the market are orange groves and citrus groves. Asia Pacific is the largest regional market. Leading competitors include Paramount Farming, South Valley Farms, Agriland Farming Co Inc., Farmland Management Services, and Braden Farms.
This document contains advice from Zenger Management on grain farming and marketing. It discusses the challenges farmers faced in the 1930s with low crop prices and expensive machinery. It provides Zenger's philosophy of basing decisions on reality, profitability and humility rather than fear, greed or pride. The document gives tips on creating a marketing plan and report to help make informed decisions on when and how to sell crops. It emphasizes merchandising grain like an elevator for added value and profitability.
An overview of TkXel's side with Ruby on Rails. Includes the web products we've built, web portals we've evolved and maintained, our expertise with API development, rescued projects for multiple clients & minimum viable products built using Ruby on Rails.
Auxetic materials have a negative Poisson's ratio, meaning they become fatter rather than thinner when stretched. This allows auxetic materials to have applications as smart filters, dressings, and foams. Auxetic foams are typically created from conventional foams by applying heat or solvents during compression to induce a re-entrant structure. Once made, auxetic foams can be reconverted to conventional foams when exposed to solvents again, and this conversion/reconversion process can be repeated multiple times.
The document discusses the process of parboiling paddy rice. It involves pre-steaming the paddy to soften it, soaking it in hot water to allow absorption of water and nutrients, post-steaming to gelatinize the starch, drying and then tempering. Parboiling increases rice recovery and nutrient content while reducing breakage. Key factors that influence quality are soaking time/temperature, steaming parameters and drying time/temperature. The document recommends strategies like two-stage soaking and double-pass drying with tempering to improve efficiency and quality of parboiled rice.
The document discusses the process of parboiling paddy rice. It involves pre-steaming the paddy to soften it, soaking it in hot water to allow absorption of water and nutrients, post-steaming to gelatinize the starch, drying and tempering. Parboiling increases rice recovery and nutrients while making it more resistant to insects and microbes. Key factors that control parboiled rice quality are soaking time/temperature, steaming parameters and drying time/temperature. The document recommends strategies like two-stage soaking and double-pass drying with tempering to improve efficiency and rice quality.
This panel event will be about trying to understand the do's and don'ts of inbound to ensure you convert your leads, rather than build you webtraffic
The Consequences of a Faceless Social Media Campaign
Heidi Grimwood - Campaign specialist Social Media Skills Club
The journey to modern marketing
Peter Reynolds - Marketing Cloud Alliances for Western Europe ; Oracle
Inbound Marketing - Secrets to Success
Alan Lynam - International Account Manager at HubSpot
Big Data and Marketing: Data Activation and ManagementConor Duke
Data Management and Activation
Crevan O’Malley – Evangelist, Oracle Marketing Cloud
Modern Marketers rely on data-driven marketing solutions to deliver more personalised customer experiences across every channel—helping attract and retain the ideal customers who become brand advocates. Discover how to aggregate, enrich, and analyze all your customer data on a single data management platform.
Why Marketers need to know about Data
Tara Grehan - Managing Director at Datalytics
Why Marketers need to know about Data
Tara Grehan - Managing Director at Datalytics
Despite starting out as a qualitative researcher, roles and projects frequently brought me back to data. And so I decided to tackle it and have developed some interesting insights into data management along the way.
Having worked in Marketing both agency and client side for fifteen years now in a variety of roles from Market Research and Customer Insights to Change Management, being comfortable with data has made all the difference and this evening I’ll tell you why.
Using Big Data to Grow on a Budget
Michael Waldron - Marketing and Sales Manager at AYLIEN
AYLIEN is an Artificial Intelligence content analysis startup and Mike will be speaking on their growth journey over the past 6 months. With a focus on how they have delivered growth by optimising their budget, focusing on Data Points that matter and what to points to obsess on through the marketing funnel.
ManpowerGroup is a global leader in innovative workforce solutions. They provide staffing, recruitment, talent management, and outsourcing services through their four brands: Manpower, Experis, Right Management, and ManpowerGroup Solutions. They leverage their global reach and local expertise across over 80 countries to help businesses access the talent they need. In Ukraine specifically, ManpowerGroup has been operating successfully since 1994 through their 12 offices, placing over 9,500 associates for over 1,200 clients each year.
The document provides information on segmentation, targeting, and positioning strategies for various food and beverage brands in India. It discusses STP strategies for packaged foods, chocolates, biscuits, chips, instant noodles, and ready-to-eat products from brands like Cadbury, Nestle, Britannia, ITC, Amul, Parle, MTR, Frito Lay, and Knorr. The segmentation is based on factors like geography, demographics, benefits sought. The targets include various age groups and customer personas. The positioning focuses on health, taste, and occasions.
Financial planning and FINPACK analysis is necessary for farmers to analyze risks and plan profitable strategies in today's volatile agricultural environment. The FINPACK program provides a comprehensive whole farm financial planning and analysis system to help farmers answer three key questions: where they currently are financially, where they want to be, and how to get there. A FINPACK analysis uses tools like the income statement, cash flow statement, and balance sheet to evaluate the profitability, liquidity, and solvency of alternative whole farm plans over the long run. The farm analyst facilitates the FINPACK process by providing relevant farm data and comparing the financial impacts of different strategic plans.
This document discusses the importance of risk management for businesses. It begins by asking questions about how the recipient would respond if asked about their risk management plan. It then provides an overview of risk management and discusses how it has become more essential given increased volatility in markets. The document outlines steps to develop a risk management plan, including defining margins, studying historical data, testing scenarios, setting targets, and executing and monitoring the plan. It emphasizes managing risk in a proactive, disciplined manner aligned with business objectives. In the closing, it stresses that having a clear risk management plan is necessary to properly manage resources and allow for business planning.
The document provides an overview and analysis of the global oilseed farming market from 2013 to 2021. It covers market segments like soybean and other oilseed farming. The market grew from $X billion in 2013 to $X billion in 2017 at a CAGR of X%, and is forecast to reach $XX billion by 2021 at a CAGR of XX%. Asia Pacific was the largest regional market in 2017 with X% share. Leading competitors in the industry include Burrus Seed farm, Gansu Dunhuang Seed Co Ltd, Hefei Fengle Seed Co Ltd, Land O’Lakes Inc., and Diester Industrie.
The global grain products market was valued at around $265 billion in 2017. Asia Pacific was the largest region in the grain products market in 2017, accounting for under 57% market share.
Read Report
https://www.thebusinessresearchcompany.com/report/grain-products-global-market-report-2018
This document summarizes Brian Roach's presentation on grain price outlook and market strategies. Some key points include:
- Grain prices set a new price plateau in 2008 and prices will likely search for the bottom of their range again this fall if crops are good, but the new price plateau will remain.
- Fundamentals like population growth and increasing meat consumption will support the price plateau.
- The presentation provides strategies for marketing crops, such as selling in increments when market signals indicate and using put options to insure unsold portions of crops.
- Updates are given on global grain supply and demand fundamentals and their implications for prices.
1) The document describes the investment strategy and process of the DSP Value Fund, an open-ended equity scheme that follows a value investment approach.
2) The fund uses a rigorous multi-step process combining quantitative screening and fundamental research to identify high-quality companies trading at reasonable valuations.
3) This process has led to the fund outperforming its benchmark on metrics like earnings growth, returns on equity, and dividend yield while maintaining a focus on quality and valuation.
This document discusses strategies for agricultural producers to succeed in a challenging economic environment with more moderate commodity prices and less volatility expected long-term. It recommends producers closely analyze variable and fixed costs, focus on reducing large controllable expenses, maintain strong financial positions, and work closely with lenders and experts. Renegotiating land rents, refinancing debt, and reducing family living expenses are identified as areas where bigger changes can be made to reduce costs by $50-100 per acre. Communicating openly with lenders and remembering that agriculture is cyclical provides a positive long-term outlook.
This document provides an overview of using futures and options contracts to manage risk for agricultural commodities. It discusses how saatbau preisgut GmbH assists farmers, merchants and processors in pricing and hedging grain and other agricultural products. The document includes chapters that cover futures and options markets, hedging strategies, and considerations for buyers and sellers of agricultural commodities.
The document summarizes a presentation by John Roach on grain price outlook and market strategies. It discusses factors that drove 2009 grain prices, including low global soybean crops and late US corn and soybean planting. It also outlines current fundamentals like rising world grain stocks and loosening supplies. The presentation provides guidelines for farmers on how to market crops, including selling in the first half of the year, using sell signals, storing grains, and using put options to cover unsold supply.
This document provides an overview and analysis of the global fruit and nut farming market from 2013 to 2021. It discusses market segmentation, key growth drivers and restraints, competitive landscape, regional analysis, and historical and forecast market size and growth rates. The top segments in the market are orange groves and citrus groves. Asia Pacific is the largest regional market. Leading competitors include Paramount Farming, South Valley Farms, Agriland Farming Co Inc., Farmland Management Services, and Braden Farms.
This document contains advice from Zenger Management on grain farming and marketing. It discusses the challenges farmers faced in the 1930s with low crop prices and expensive machinery. It provides Zenger's philosophy of basing decisions on reality, profitability and humility rather than fear, greed or pride. The document gives tips on creating a marketing plan and report to help make informed decisions on when and how to sell crops. It emphasizes merchandising grain like an elevator for added value and profitability.
Crop Planning for Sustainable Vegetable Production 2019 Pam DawlingPam Dawling
Produce vegetable crops when you want them and in the right quantities; sell them where and when you need to and support yourself with a rewarding livelihood while replenishing the soil
This document discusses strategies for managing revenue risk in agriculture. It explains that revenue equals price times quantity and that both price and quantity are random variables affected by uncertainty. An effective risk management strategy integrates tools like crop insurance, marketing contracts, futures hedging and government programs to establish a minimum revenue level and preserve upside potential. The challenge is to understand how these individual components interact and form an overall strategy to reduce losses and allow for profits.
The document provides an analysis of Nestle and Procter & Gamble using the BCG growth share matrix.
For Nestle, minerals water, Nescafe, and Milkpak are identified as stars due to their high market share in growing markets. Maggi noodles and baby food are question marks that require investment. Chocolates and juices have low market share and are dogs.
For Procter & Gamble, Pantene, Gillette, and Pampers are stars. Tide, Head & Shoulders, and Vicks are cash cows due to their market leading positions. Oral-B and perfumes have uncertain growth potential as question marks.
The document demonstrates the application
The document provides an overview of the global almond butter market. It finds that the market is expected to grow from $772.7 million in 2021 to $1,145.9 million in 2026, representing a CAGR of 8.2%. The market is segmented by type into raw almond butter and roasted almond butter. It is also segmented by application into residential and commercial. North America currently holds the largest market share but the Asia Pacific region is expected to see higher growth rates over the forecast period. Some of the major players in the market include Barney Butter, Cache Creek Foods, and JUSTIN'S.
Benchmarking involves comparing key performance metrics of one's own farm to other similar farms. This allows farmers to identify areas for improvement and determine how their business compares. Benchmarking is becoming a more popular tool among UK dairy farmers as margins tighten. It provides a basis for improvement discussions and can motivate farmers when their performance is highlighted as good. To benchmark effectively, farmers must compare their results to a realistic sample of similar farms and ensure an "apples-to-apples" comparison of calculated metrics. Some farmers are finding benchmarking groups particularly useful for openly discussing issues and sharing successful practices.
The document outlines a sample margin management policy for a hog farm. It discusses establishing a margin management committee to oversee the policy. The policy should approve commodities and quantities to hedge, identify margin risk over time, determine responsibilities, approved strategies, reporting procedures, and accounting practices. It provides an example of hedging a hog producer's corn, soybean meal, and hog sales to lock in margins at different points in time.
The document outlines the strategies and results of managing the pharmaceutical company Allstar in the PharmaSim simulation. It discusses Allstar's objectives to earn the highest net income, stock price, market share, and manufacturer sales. Through adjusting prices, increasing sales forces, promoting products, and launching new products, Allstar was able to become the market leader and earn the highest net income and market share. Key lessons learned include understanding product nature, adapting strategies, and realizing limitations of the simulation.
The research study analyzes the global flower seeds market and expects it to show a CAGR of between 2019-2027. It comprehensively examines market constraints, risks, opportunities, and the impact of COVID-19. The study provides an overview of key factors such as consumer expectations, environmental changes, government policies, technology, and supply chain that affect the market. It delivers forecasts for the flower seeds market from 2021-2028 and analyzes the market segmentation by product type, application, region, and top companies.
In a tight labour market, job-seekers gain bargaining power and leverage it into greater job quality—at least, that’s the conventional wisdom.
Michael, LMIC Economist, presented findings that reveal a weakened relationship between labour market tightness and job quality indicators following the pandemic. Labour market tightness coincided with growth in real wages for only a portion of workers: those in low-wage jobs requiring little education. Several factors—including labour market composition, worker and employer behaviour, and labour market practices—have contributed to the absence of worker benefits. These will be investigated further in future work.
Solution Manual For Financial Accounting, 8th Canadian Edition 2024, by Libby...Donc Test
Solution Manual For Financial Accounting, 8th Canadian Edition 2024, by Libby, Hodge, Verified Chapters 1 - 13, Complete Newest Version Solution Manual For Financial Accounting, 8th Canadian Edition by Libby, Hodge, Verified Chapters 1 - 13, Complete Newest Version Solution Manual For Financial Accounting 8th Canadian Edition Pdf Chapters Download Stuvia Solution Manual For Financial Accounting 8th Canadian Edition Ebook Download Stuvia Solution Manual For Financial Accounting 8th Canadian Edition Pdf Solution Manual For Financial Accounting 8th Canadian Edition Pdf Download Stuvia Financial Accounting 8th Canadian Edition Pdf Chapters Download Stuvia Financial Accounting 8th Canadian Edition Ebook Download Stuvia Financial Accounting 8th Canadian Edition Pdf Financial Accounting 8th Canadian Edition Pdf Download Stuvia
2. Elemental Economics - Mineral demand.pdfNeal Brewster
After this second you should be able to: Explain the main determinants of demand for any mineral product, and their relative importance; recognise and explain how demand for any product is likely to change with economic activity; recognise and explain the roles of technology and relative prices in influencing demand; be able to explain the differences between the rates of growth of demand for different products.
5 Tips for Creating Standard Financial ReportsEasyReports
Well-crafted financial reports serve as vital tools for decision-making and transparency within an organization. By following the undermentioned tips, you can create standardized financial reports that effectively communicate your company's financial health and performance to stakeholders.
2. 2
Introduction
Most producers develop excellent crop
production plans each year. They develop
strategies for weed control, fertilization, and
tillage, and match these with their financial
resources. They modify the production plan
as conditions change, such as an abnormally
wet planting season or an unexpected pest
problem.
3. 3
Definition
• A grain marketing plan identifies a
producer’s specific price objectives as the
production and/or storage season
progresses.
• It then identifies strategies available to
achieve the price objectives.
4. 4
Definition cont.
• While it may take several forms, it is
generally most useful if it is written down,
and reviewed relative to market conditions
on a regular basis.
• A marketing plan must be flexible. A
producer must be able to adapt to market
conditions if it becomes clear that an earlier
price objective is not likely to be achieved.
5. 5
Four Major Factors Influence
the Marketing Plan
• Personal feelings and attitudes about
marketing.
• Financial needs of the business.
• Seasonal price patterns.
• Current price outlook.
6. 6
Personal Attitude:
Speculator or Risk Manager
Speculator
• Try for highest price of the
year.
• Focus on day-to-day price
movement
• Calculates money “lost” by not
selling at highest price.
• Views prices as separate from
the business.
• Planning horizon focused on
short term profits.
Risk Manager
• Major goal is making a profit.
• Focuses on survival and growth
of business.
• Integrates marketing as a part
of the business.
• Knows what price covers costs.
• Planning horizon is long term
growth of business.
• Does not dwell on “lost” prices.
7. 7
Identifying Financial Objectives
• Identify risk bearing ability. This requires
an accurate net worth statement.
– High net worth allows for a substantial loss without
bankrupting the business.
– Small net worth requires careful consideration in
absorbing risk.
• Identify costs of production. Include a
charge for family living expenses.
• Identify acceptable return over production
costs.
8. 8
Identify Seasonal Price Patterns
• Identify Seasonality in Price.
• Identify Seasonality in local basis.
9. 9
Examine Current Price Outlook
• Price outlook is a dominant force in many
marketing plans. However, its importance
is frequently exaggerated. Price forecasts
tend to be quite poor as the planning
horizon lengthens, and a portion of each
year’s crop should be marketed based on
financial considerations regardless of
current outlook.
10. 10
Market Plan Development
Step 1
• The first step in
developing a
marketing plan is to
identify an inventory
of potential marketing
strategies.
• These may be unique
to each producer.
11. 11
Market Plan Development
Step 1
Futures Market
• Hedge
• Put Options
• Call Options
Cash Market
• Forward Cash
Contract
• Basis Contract
• Storage
• Minimum Price
Contract
• No Price Established
• Hedge to Arrive
12. 12
Market Plan Development
Step 2
• Step 2 in the
marketing plan
development is to
identify the specific
marketing horizon(s).
• Pre-harvest
• Harvest
• Post-harvest
13. 13
Market Plan Development
Step 3
• The third step in
developing a
marketing plan is to
segregate expected
production into
marketable units, and
identify pricing
objectives.
14. 14
Determine Market Strategies for
Pre-harvest
• Hedge
• Hedge to Arrive Contract
• Put Option
• Forward Cash Contract
• Basis Contract
15. 15
Determine Market Strategy for
Harvest
• Cash Sale
• Cash Sale, Replacing Grain with a Call
Option
• No price Established Contract
• No Market Action
16. 16
Determine Market Strategy for
Post-harvest
• Store un-priced
• Forward Cash Contract
• Hedge
• Put Option
• Basis Contract
17. 17
Result of Market Plan
• A road map is developed which lays out specific
objectives you want to satisfy.
• If an objective is satisfied, you made an excellent
marketing decision REGARDLESS of what happens to
prices later.
• Establishes an informed criteria on which to base storage
decisions.
• Identifies exactly how much speculation (risk) you are
willing to tolerate.
18. 18
Sample Marketing Plan for Corn
OBJECTIVE:
Divide expected production into fifths (each
represents 20% of expected production).
Identify separate price objectives and
associated strategies, increasing the risk
profile for each successive marketing
bundle in return for a more aggressive price
objective.
19. 19
Determine Expected Production
Assume 500 acres of corn will be planted in the
coming year. Yields have averaged 120 bushels
per acre over the last 5 years. This yields an
excepted production of 60,000 bushels.
Each marketing bundle in includes 12,000 bushels.
20. 20
Price Objective for First 20% of
Production
Pre-harvest price the first 20% of expected
production (12,000 bushels) when the
market is offering a price 20 cents per
bushel above the variable costs of
production. This will be done regardless of
the general market outlook. This assures a
profit for the first marketing bundle.
No price established before Feb. 1
21. 21
Price Strategy for First 20% of
Production
S e ll a t v a r ia b le c o s t p lu s 2 0 c e n t s p e r b u s h e l
F o r w a r d C a s h C o n t r a c t w it h t h e E le v a t o r
E le v a t o r is o ff e r in g a n o r m a l o r
s tr o n g e r t h a n n o r m a l h a r v e s t b a s is .
H e d g e in t h e F u tu r e s M a r k e t
H e d g e t o A r r iv e C o n tr a c t
L o c a l e le v a t o r is o f f e r in g a w e a k h e a r v e s t b a s is .
P u r c h a s e a P u t O p t io n w it h
a b a s is a d ju s t e d s t r i k e p r ic e
e q u a l t o t h e in it ia l p r ic e t a r g e t .
M a r k e t is a lr e a d y w e ll a b o v e p r ic e t a r g e t
F u tu r e s M a r k e t o ff e r s $ 2 .4 0 p e r b u s h e l
26. 26
Price Objective for Second 20%
of Production
Pre-harvest price the second 20% of
production when the price is in the top 1/3
of its historical range. This will be done
regardless of the general market outlook.
27. 27
Price Strategy for the Second
20% of Expected Production
S e ll 2 0 % o f E x p e c te d P r o d u c tio n in th e T o p 1 /3 o f th e H is to r ic a l P r ic e R a n g e
F o r w a r d C a s h C o n t r a c t
E le v a t o r o f f e r s a n o r m a l h a r v e s t b a s is .
H e d g e in t h e F u t u r e s M a r k e t
E le v a t o r o f f e r s a w e a k h a r v e s t b a s is .
C h ic a g o B o a r d o t f T r a d e C o r n P r ic e
E x c e e d s $ 2 . 6 5 p e r B u s h e l
30. 30
Price Objective for Third 20% of
Expected Production
• If prices are in the bottom third of their historical price
range, speculate on higher prices.
• If prices are in the middle third of the historical price
range, place a price floor to prevent falling into bottom
third of price range.
• If prices are in top third of historical price range, place a
price floor to remain in the top half of the historical price
range, and look to establish a price 25 cents above price
objective for the second 20 percent.
• If no delivery commitment has been made prior to harvest,
potential post-harvest basis appreciation will be
determined as a signal for storing or selling at harvest.
31. 31
Price Strategy for Third 20% of
Expected Production
Basis levels will determine whether production is
priced in the cash or futures market. With an
attractive basis, price floors will be established
with minimum price contracts, and flat price
protection will be through forward cash contracts.
If basis offerings are unattractive, price floors will
be established with put options, and flat price
protection through a futures market hedge.
32. 32
Price Strategy for Third 20% of
Expected Production cont.
If no delivery commitment is made prior to
harvest, storage opportunities will be
evaluated. If potential basis appreciation
will cover storage costs, part of the market
bundle will be stored using a forward cash
contract. If basis appreciation will not cover
storage, the crop will be sold at harvest.
33. 33
Price Objective for Fourth 20%
of Expected Production
This part of production will be used to speculate on
season high prices relative to market outlook. If
prices are expected to improve over the production
season, a price objective based on outlook will be
established. When the price objective is reached,
the crop will be sold for fall delivery. If the price
objective is not reached, outlook will be re-
evaluated at harvest and a storage decision made.
34. 34
Price Strategy for Fourth 20%
of Expected Production- Storage
A If the cash market at harvest is offering attractive basis
appreciation over the storage season, and the market
outlook is for higher prices, half of the bundle will be
forward cash contracted for post-storage delivery, and the
other half will be used to speculate on higher prices.
B If the cash market is offering attractive basis appreciation
over the storage period, and the outlook is for flat or
declining prices, the crop will be stored with 100 percent
priced under a forward cash contract.
35. 35
Price Objective for Final 20% of
Expected Production
This market bundle will be used to offset
production risk. As such, there will be no
pre-harvest market strategy considered.
The only decision will be to sell at harvest,
or store past harvest.
36. 36
Price Strategy for Final 20% of
Expected Production- Storage
A If potential basis appreciation offers a storage incentive,
store with 2/3 price protected. If the outlook is for higher
prices, store with a basis contract. If the outlook is for flat
or lower prices, store with a forward cash contract.
B If basis appreciation is unlikely, but outlook is for higher
prices, sell cash grain at harvest and replace with call
options, or sell under a No Price Established contract.
C If basis appreciation is unlikely and outlook is for flat or
declining prices, sell all grain at harvest.
37. 37
Result of Market Plan
• Hope that the first sale of the year (cost of production plus
20 cents) is the worst sale made.
• In general, not more than 80 percent of crop production is
priced before harvest. Unless prices are exceptional, it
won’t be more than 60 percent.
• Make an informed decision on storage based on expected
basis movement.
• Don’t speculate with more than 20 or 30 percent of
production.
38. 38
General Rules of Thumb
• Do not be more than 30 percent priced
before you have planted your crop.
• Do not be more than 50 percent priced
before your crop has emerged and looks to
be off to a decent start.
• Do not be more than 70 or 80 percent priced
before harvest.
• Make an informed storage decision.
39. 39
Conclusions
• A good marketing plan will impose discipline on the
marketer, and take some of the emotion out of the market.
• Be realistic in price objectives for at least 2/3 of
production.
• Do not bet everything on the current market outlook.
• Know your costs, and accept a small return over costs for
your first sale.
• Review the plan regularly, and make changes as market
conditions change.
• Don’t speculate with more than you can afford to lose.