Growers who want to experience grain marketing using real-world strategies without any of the real-world risks can take advantage of a series of online courses taught by experts from Ohio State University’s College of Food, Agricultural, and Environmental Sciences.
The courses, to be offered Jan. 7, Jan. 21, Feb. 4, Feb. 18 and March 4, will offer participants the ability to experience simulations using options commonly used in grain marketing without the risk of actually taking a position on real bushels, said Chris Bruynis, an Ohio State University Extension educator.
Participants will learn how to use futures and options, make a marketing plan to fit their farm business, use crop insurance as a grain marketing tool and understand financial statement analysis in relationship to their grain marketing plan, Bruynis said.
“The series of online courses enables farmers to log in from home,” he said. “This will allow more people access to the courses as well as target younger farmers who are looking for this kind of educational opportunity.
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