The document outlines a presentation given by Commodity & Ingredient Hedging, LLC on managing risks from unpredictable hog prices and feed costs. The presentation covers establishing a commodity price management policy, modeling operations to identify forward margin opportunities, and selecting hedging strategies. Key steps include creating a hedge policy, objectively analyzing margins under different price scenarios, and choosing strategies that fit an operation's needs to implement an effective risk management plan.
Presentation to Ukraine Commodity Market Development Conference
The author of the presentation: Tim Andriesen, Managing Director, Agricultural Products, CME Group
10 Reasons To Use Psychometric Testing - Big 5 Assessmentspaulmnewman
In this presentation, we look at 10 different reasons as to why Hiring Managers, Recruiters and HR professionals might like to use Psychometric Testing within their recruitment process.
Presentation to Ukraine Commodity Market Development Conference
The author of the presentation: Tim Andriesen, Managing Director, Agricultural Products, CME Group
10 Reasons To Use Psychometric Testing - Big 5 Assessmentspaulmnewman
In this presentation, we look at 10 different reasons as to why Hiring Managers, Recruiters and HR professionals might like to use Psychometric Testing within their recruitment process.
Internal relationships between credit officers and lenders can be just as contentious as the relationship between King Kong and Godzilla. Optimize your banks’ credit process; get 20 tips to ensure effective relationships between credit officers and lenders.
Deep Learning Enabled Price Action with Databricks and AWSDatabricks
Predicting the movements of price action instruments such as stocks, ForEx, commodities, etc., has been a demanding problem for quantitative strategists for years. Simply applying machine learning to raw price movements has proven to yield disappointing results.
Way to Get Profit From Your Own Startup With Export GuidelinesAjjay Kumar Gupta
Hundreds of thousands of people start their own businesses every year, and untold more dream about the possibility of becoming their own bosses. While entrepreneurship has its many potential rewards, it also carries unique challenges. Entrepreneurship is an act not a born tact, you need to understand the environment to set up an enterprise of you own. Setting up a business requires many things like understanding yourself, understanding market and availing funds are certain basic things that one must mandatorily know before making a business decision.
Tags
Setting up own Export House, How to Start Successful Export Business, Export Business in India, Start Your Own Export Business, start export business, Way to get profit from Export Business, export guidelines, secrets, business , Preliminary Steps, Registration Firm, Organizational Export Assistance, Product for Export, Export Licence, Export Market, Potential Products, Channels Abroad, Foreign Exchange, Facilities to Exporters, Electronic Messaging, MDA-Marketing Development Assistance, Negotiations for Export Business, Tips for Success, Packaging and Labelling, Quality, Business Marketing, Evolution of strategic management, What No one Ever Tells You about Starting Your Business, Facilities and Procedures for Entrepreneurs, Secrets for Startup Industries Guidelines, Facilities and Procedures for Prospective Entrepreneurs, best business to start with little money, Best Businesses to Start, Best New Small Business Ideas and Opportunities to Start, Best Small Business ideas That Make Money Fast, business ideas in India for beginners, Business Idea's under :- 1Lakh, 5 lakh, 10 Lakh, 50 lakh, business ideas with low investment and high profit, Business Ideas You Can Start Today, Business Startup Investors, Catch The Opportunity - Start your business today, cheapest business to start, Easiest business to start and make money, easiest business to start up, Easiest Business to Start: Easy Businesses to Start - How to Make Money, Easy Business to Start Making Money Fast, How to Start a Small Business, How to start a successful business, How to Start Your Business, How to Start Your First Business, Low Cost Business Ideas, How to Start a Small Business, Most Popular Business Opportunities in India, Most Profitable Business in India, Start your own Business, Most Profitable Small-Business Industries, most successful small business ideas, Profitable Small Scale Business ideas in India, Setting up and opening your own Business, Setting up and running a small-scale business, Small Business Ideas in India for Starting Your Own Business, small business ideas list, Small Business Ideas with low investment, Small Businesses You Can Start on Your Own, Small investment big profit making, Small Manufacturing Business - Startup Business, Startup Business Ideas - Discover The Best Start Up Small Business, startup business plan
Gambling with Health & Safety in NZ ForestryKarl Perry
Conference Speaker - Foresttech 2013
Drawing on Safety Experts' Experiences and Industry Insight: Application of the Theory of Constraints Thinking to Forestry and other Workplace Safety Culture Issues.
Safeguard your lending program by learning about the 8 steps of credit risk management. Learn about nonfinancial risks, structuring the loan, and more.
Agreement Express developing a strategic roadmap to automated underwritingAgreement Express Inc.
In this webinar, Mike Gardner, CEO at Recombo, addressed how organizations can utilize the ETA's Risk Guidelines to create a strategic roadmap to automated underwriting.
A comprehensive presentation on the financial risks involved in businesses in general & specifically in banks.
What is Risk?
Generally - Danger, Hazard, Adverse impact, Fear of loss.
Financially-Loss of earnings/capital
May result in incapability of financial institution to meet business goals
Basically there are 4 main risks:
1. Credit Risk
2. Market Risk
3. Liquidity Risk
4. Operational Risk
There are several reasons which get you included in this high risk driver insurance category. Fortunately there are ways through which these even these drivers can get cheap insurance Toronto.
Amy Bishop — Analyses to Drive Remarketing PerformanceSemrush
These slides were presented during the SEMrush webinar, you can watch the recording here: https://www.semrush.com/webinars/advanced-ppc-2-advanced-analyses-to-drive-remarketing-performance/
Activate Leads in Your Database with Customer Needs-Driven Email NurturingPardot
Learn how TRACOM Group has implemented a customer needs-driven lead nurturing program that uses Pardot segmentation, automation, and dynamic email content to activate, engage, and qualify sales-ready leads in their existing prospect database.
Death of a Salesman: Broker Dealer/Platform/Advisor Trends - Executive Summar...Gretchen Wilson
In this presentation on The Shift from Sales to Marketing, we identify how the 5 Macro Trends impacts Broker-Dealers, Platforms, Managed Account Providers, Custodians and Financial Advisors across channels
Internal relationships between credit officers and lenders can be just as contentious as the relationship between King Kong and Godzilla. Optimize your banks’ credit process; get 20 tips to ensure effective relationships between credit officers and lenders.
Deep Learning Enabled Price Action with Databricks and AWSDatabricks
Predicting the movements of price action instruments such as stocks, ForEx, commodities, etc., has been a demanding problem for quantitative strategists for years. Simply applying machine learning to raw price movements has proven to yield disappointing results.
Way to Get Profit From Your Own Startup With Export GuidelinesAjjay Kumar Gupta
Hundreds of thousands of people start their own businesses every year, and untold more dream about the possibility of becoming their own bosses. While entrepreneurship has its many potential rewards, it also carries unique challenges. Entrepreneurship is an act not a born tact, you need to understand the environment to set up an enterprise of you own. Setting up a business requires many things like understanding yourself, understanding market and availing funds are certain basic things that one must mandatorily know before making a business decision.
Tags
Setting up own Export House, How to Start Successful Export Business, Export Business in India, Start Your Own Export Business, start export business, Way to get profit from Export Business, export guidelines, secrets, business , Preliminary Steps, Registration Firm, Organizational Export Assistance, Product for Export, Export Licence, Export Market, Potential Products, Channels Abroad, Foreign Exchange, Facilities to Exporters, Electronic Messaging, MDA-Marketing Development Assistance, Negotiations for Export Business, Tips for Success, Packaging and Labelling, Quality, Business Marketing, Evolution of strategic management, What No one Ever Tells You about Starting Your Business, Facilities and Procedures for Entrepreneurs, Secrets for Startup Industries Guidelines, Facilities and Procedures for Prospective Entrepreneurs, best business to start with little money, Best Businesses to Start, Best New Small Business Ideas and Opportunities to Start, Best Small Business ideas That Make Money Fast, business ideas in India for beginners, Business Idea's under :- 1Lakh, 5 lakh, 10 Lakh, 50 lakh, business ideas with low investment and high profit, Business Ideas You Can Start Today, Business Startup Investors, Catch The Opportunity - Start your business today, cheapest business to start, Easiest business to start and make money, easiest business to start up, Easiest Business to Start: Easy Businesses to Start - How to Make Money, Easy Business to Start Making Money Fast, How to Start a Small Business, How to start a successful business, How to Start Your Business, How to Start Your First Business, Low Cost Business Ideas, How to Start a Small Business, Most Popular Business Opportunities in India, Most Profitable Business in India, Start your own Business, Most Profitable Small-Business Industries, most successful small business ideas, Profitable Small Scale Business ideas in India, Setting up and opening your own Business, Setting up and running a small-scale business, Small Business Ideas in India for Starting Your Own Business, small business ideas list, Small Business Ideas with low investment, Small Businesses You Can Start on Your Own, Small investment big profit making, Small Manufacturing Business - Startup Business, Startup Business Ideas - Discover The Best Start Up Small Business, startup business plan
Gambling with Health & Safety in NZ ForestryKarl Perry
Conference Speaker - Foresttech 2013
Drawing on Safety Experts' Experiences and Industry Insight: Application of the Theory of Constraints Thinking to Forestry and other Workplace Safety Culture Issues.
Safeguard your lending program by learning about the 8 steps of credit risk management. Learn about nonfinancial risks, structuring the loan, and more.
Agreement Express developing a strategic roadmap to automated underwritingAgreement Express Inc.
In this webinar, Mike Gardner, CEO at Recombo, addressed how organizations can utilize the ETA's Risk Guidelines to create a strategic roadmap to automated underwriting.
A comprehensive presentation on the financial risks involved in businesses in general & specifically in banks.
What is Risk?
Generally - Danger, Hazard, Adverse impact, Fear of loss.
Financially-Loss of earnings/capital
May result in incapability of financial institution to meet business goals
Basically there are 4 main risks:
1. Credit Risk
2. Market Risk
3. Liquidity Risk
4. Operational Risk
There are several reasons which get you included in this high risk driver insurance category. Fortunately there are ways through which these even these drivers can get cheap insurance Toronto.
Amy Bishop — Analyses to Drive Remarketing PerformanceSemrush
These slides were presented during the SEMrush webinar, you can watch the recording here: https://www.semrush.com/webinars/advanced-ppc-2-advanced-analyses-to-drive-remarketing-performance/
Activate Leads in Your Database with Customer Needs-Driven Email NurturingPardot
Learn how TRACOM Group has implemented a customer needs-driven lead nurturing program that uses Pardot segmentation, automation, and dynamic email content to activate, engage, and qualify sales-ready leads in their existing prospect database.
Death of a Salesman: Broker Dealer/Platform/Advisor Trends - Executive Summar...Gretchen Wilson
In this presentation on The Shift from Sales to Marketing, we identify how the 5 Macro Trends impacts Broker-Dealers, Platforms, Managed Account Providers, Custodians and Financial Advisors across channels
Russian anarchist and anti-war movement in the third year of full-scale warAntti Rautiainen
Anarchist group ANA Regensburg hosted my online-presentation on 16th of May 2024, in which I discussed tactics of anti-war activism in Russia, and reasons why the anti-war movement has not been able to make an impact to change the course of events yet. Cases of anarchists repressed for anti-war activities are presented, as well as strategies of support for political prisoners, and modest successes in supporting their struggles.
Thumbnail picture is by MediaZona, you may read their report on anti-war arson attacks in Russia here: https://en.zona.media/article/2022/10/13/burn-map
Links:
Autonomous Action
http://Avtonom.org
Anarchist Black Cross Moscow
http://Avtonom.org/abc
Solidarity Zone
https://t.me/solidarity_zone
Memorial
https://memopzk.org/, https://t.me/pzk_memorial
OVD-Info
https://en.ovdinfo.org/antiwar-ovd-info-guide
RosUznik
https://rosuznik.org/
Uznik Online
http://uznikonline.tilda.ws/
Russian Reader
https://therussianreader.com/
ABC Irkutsk
https://abc38.noblogs.org/
Send mail to prisoners from abroad:
http://Prisonmail.online
YouTube: https://youtu.be/c5nSOdU48O8
Spotify: https://podcasters.spotify.com/pod/show/libertarianlifecoach/episodes/Russian-anarchist-and-anti-war-movement-in-the-third-year-of-full-scale-war-e2k8ai4
Jennifer Schaus and Associates hosts a complimentary webinar series on The FAR in 2024. Join the webinars on Wednesdays and Fridays at noon, eastern.
Recordings are on YouTube and the company website.
https://www.youtube.com/@jenniferschaus/videos
This session provides a comprehensive overview of the latest updates to the Uniform Administrative Requirements, Cost Principles, and Audit Requirements for Federal Awards (commonly known as the Uniform Guidance) outlined in the 2 CFR 200.
With a focus on the 2024 revisions issued by the Office of Management and Budget (OMB), participants will gain insight into the key changes affecting federal grant recipients. The session will delve into critical regulatory updates, providing attendees with the knowledge and tools necessary to navigate and comply with the evolving landscape of federal grant management.
Learning Objectives:
- Understand the rationale behind the 2024 updates to the Uniform Guidance outlined in 2 CFR 200, and their implications for federal grant recipients.
- Identify the key changes and revisions introduced by the Office of Management and Budget (OMB) in the 2024 edition of 2 CFR 200.
- Gain proficiency in applying the updated regulations to ensure compliance with federal grant requirements and avoid potential audit findings.
- Develop strategies for effectively implementing the new guidelines within the grant management processes of their respective organizations, fostering efficiency and accountability in federal grant administration.
Many ways to support street children.pptxSERUDS INDIA
By raising awareness, providing support, advocating for change, and offering assistance to children in need, individuals can play a crucial role in improving the lives of street children and helping them realize their full potential
Donate Us
https://serudsindia.org/how-individuals-can-support-street-children-in-india/
#donatefororphan, #donateforhomelesschildren, #childeducation, #ngochildeducation, #donateforeducation, #donationforchildeducation, #sponsorforpoorchild, #sponsororphanage #sponsororphanchild, #donation, #education, #charity, #educationforchild, #seruds, #kurnool, #joyhome
Up the Ratios Bylaws - a Comprehensive Process of Our Organizationuptheratios
Up the Ratios is a non-profit organization dedicated to bridging the gap in STEM education for underprivileged students by providing free, high-quality learning opportunities in robotics and other STEM fields. Our mission is to empower the next generation of innovators, thinkers, and problem-solvers by offering a range of educational programs that foster curiosity, creativity, and critical thinking.
At Up the Ratios, we believe that every student, regardless of their socio-economic background, should have access to the tools and knowledge needed to succeed in today's technology-driven world. To achieve this, we host a variety of free classes, workshops, summer camps, and live lectures tailored to students from underserved communities. Our programs are designed to be engaging and hands-on, allowing students to explore the exciting world of robotics and STEM through practical, real-world applications.
Our free classes cover fundamental concepts in robotics, coding, and engineering, providing students with a strong foundation in these critical areas. Through our interactive workshops, students can dive deeper into specific topics, working on projects that challenge them to apply what they've learned and think creatively. Our summer camps offer an immersive experience where students can collaborate on larger projects, develop their teamwork skills, and gain confidence in their abilities.
In addition to our local programs, Up the Ratios is committed to making a global impact. We take donations of new and gently used robotics parts, which we then distribute to students and educational institutions in other countries. These donations help ensure that young learners worldwide have the resources they need to explore and excel in STEM fields. By supporting education in this way, we aim to nurture a global community of future leaders and innovators.
Our live lectures feature guest speakers from various STEM disciplines, including engineers, scientists, and industry professionals who share their knowledge and experiences with our students. These lectures provide valuable insights into potential career paths and inspire students to pursue their passions in STEM.
Up the Ratios relies on the generosity of donors and volunteers to continue our work. Contributions of time, expertise, and financial support are crucial to sustaining our programs and expanding our reach. Whether you're an individual passionate about education, a professional in the STEM field, or a company looking to give back to the community, there are many ways to get involved and make a difference.
We are proud of the positive impact we've had on the lives of countless students, many of whom have gone on to pursue higher education and careers in STEM. By providing these young minds with the tools and opportunities they need to succeed, we are not only changing their futures but also contributing to the advancement of technology and innovation on a broader scale.
Understanding the Challenges of Street ChildrenSERUDS INDIA
By raising awareness, providing support, advocating for change, and offering assistance to children in need, individuals can play a crucial role in improving the lives of street children and helping them realize their full potential
Donate Us
https://serudsindia.org/how-individuals-can-support-street-children-in-india/
#donatefororphan, #donateforhomelesschildren, #childeducation, #ngochildeducation, #donateforeducation, #donationforchildeducation, #sponsorforpoorchild, #sponsororphanage #sponsororphanchild, #donation, #education, #charity, #educationforchild, #seruds, #kurnool, #joyhome
What is the point of small housing associations.pptxPaul Smith
Given the small scale of housing associations and their relative high cost per home what is the point of them and how do we justify their continued existance
4. Commodity & Ingredient Hedging, LLC
Risk Management Alternatives
www.cihedging.com
Commodity & Ingredient Hedging, LLC
Risk Management Alternatives
www.cihedging.com
What is a Commodity Price Management Policy?
A Commodity Price Management Policy states the
company’s views regarding transactions in cash (physical)
contracts, futures contracts and option contracts.
Benefits of a Commodity Price Management Policy include:
• Promotes discipline throughout the organization
• Allows for Executive Management oversight and review
• Delegates administrative duties and management decisions
• Defines responsibilities and accountabilities
• Provides direction to everyone involved in price management
20. Commodity & Ingredient Hedging, LLC
Risk Management Alternatives
www.cihedging.com
Commodity & Ingredient Hedging, LLC
Risk Management Alternatives
www.cihedging.com
Review Contracting Alternatives
Physical Market:
– What suppliers are available? (approved counterparties
authorized to transact with for specific commodity)
– What types of agreements will they offer? (how much
flexibility is available in a cash contract)
Futures Market:
– What trading authorization do I have? (what types of
contracts can I use and how far out in time)
– Is there any restriction on what types of strategy
combinations I can employ? (margin exposure, etc.)
– What flexibility do I have in making adjustments to my
position over time? (any restrictions in hedge policy)
21. Commodity & Ingredient Hedging, LLC
Risk Management Alternatives
www.cihedging.com
Commodity & Ingredient Hedging, LLC
Risk Management Alternatives
www.cihedging.com
Physical Contracts
Advantages And Disadvantages
• Advantages
– Supplier managed
– Potentially some alternatives
– No out of pocket expense
• Disadvantages
– Locked-in to a specific supplier
– Pricing may not be transparent
– Counter-party risk
– Limited flexibility for adjustments
22. Commodity & Ingredient Hedging, LLC
Risk Management Alternatives
www.cihedging.com
Commodity & Ingredient Hedging, LLC
Risk Management Alternatives
www.cihedging.com
Exchange-Traded Contracts
Advantages And Disadvantages
• Advantages
– Lots of alternatives
– Added flexibility and liquidity
– Reduced counterparty risk
• Disadvantages
– Time commitment, have to manage
– Potential margin exposure, CF management
– Basis risk
23. Commodity & Ingredient Hedging, LLC
Risk Management Alternatives
www.cihedging.com
Commodity & Ingredient Hedging, LLC
Risk Management Alternatives
www.cihedging.com
• Strategy Considerations
– What do prices normally do this time of year?
– How much flexibility do I need?
– How much cost can I afford?
– Is option cost high (low) seasonally or historically?
– Are there effective combinations available to reduce cost and retain
protection/flexibility?
– Can I offset cost over time?
– What is the greatest risk to my physical position?
25. Commodity & Ingredient Hedging, LLC
Risk Management Alternatives
www.cihedging.com
Commodity & Ingredient Hedging, LLC
Risk Management Alternatives
www.cihedging.com
• December hog strategy selection example
• Sell futures
• (delta=100)
• Buy a 70 put and sell a 80 call at $1.80
• (delta=70)
• Buy a 72 put, sell a 62 put and sell a 82 call at $1.90
• (delta=50)
27. Commodity & Ingredient Hedging, LLC
Risk Management Alternatives
www.cihedging.com
Commodity & Ingredient Hedging, LLC
Risk Management Alternatives
www.cihedging.com
Recap:
Before you start managing forward price risk
establish a hedge policy to state your goals and
methods ahead of time. Be objective.
Model your operation to identify forward margin
opportunities.
Choose the best strategy that fits your operation.
The most important step - Implement your plan!
28. Commodity & Ingredient Hedging, LLC
Risk Management Alternatives
www.cihedging.com
Commodity & Ingredient Hedging, LLC
Risk Management Alternatives
www.cihedging.com
Commodity & Ingredient Hedging, LLC
1-800-241-5498
www.cihedging.com
www.hogmargin.com
There is a risk of loss in futures trading. The information contained in this publication is
taken from sources believed to be reliable, but is not guaranteed by Commodity &
Ingredient Hedging, LLC, nor any affiliates, as to accuracy or completeness, and is
intended for purposes of information and education only. Nothing therein should be
considered as a trading recommendation by Commodity & Ingredient Hedging, LLC.
The rules and regulations of the individual exchanges should be consulted as the
authoritative source on all contract specifications and regulations. There is a risk of loss
in all futures and options trading. Past performance is not indicative of future results.
The strategies outlined in this publication were built using several assumptions,
including, but not limited to price, basis, and volatility. Therefore, as each assumption
changes, the strategy, and its results, will vary. Further, this strategy is not a prediction,
nor should it be interpreted as a prediction to which direction the market will move.