Grain Marketing Strategy Workshops

None currently scheduled. 

This workshop is designed to help Kansas crop producers make profitable marketing decisions for their crops in 2017 – a period forecast to be one of continued large supplies, low selling prices, and limited profitability. 

Workshop Description

This workshop is designed to help Kansas crop producers make profitable marketing decisions for their crops in 2017 – a period forecast to be one of continued large supplies, low selling prices, and limited profitability. 

This workshop is developed to provide three things to participants….

First, Grain Market Situation and Outlook for the remainder of the 2016/17 marketing years for corn, grain sorghum, wheat and soybeans. The particular focus will be on available cash and forward contract grain prices, basis trends, and futures & options pricing opportunities for the December 2016 - September 2017 period.

Second, the Top Performing Grain Marketing Strategies for Kansas corn, grain sorghum, wheat and soybeans for the 1990/91 through 2015/16 marketing years will be reviewed.  The focus will be on how well pre-harvest forward contracts, hedges and put options, harvest cash sales, and post-harvest on-farm and commercial storage, storage hedges, and call options performed over time for Kansas crop producers.  

Third, as a group, workshop participants will “Test Drive” 2017 Grain Marketing Strategies, working through probable 2017 Kansas grain price outcomes and trends as well as the marketing choices that are likely to be available for major grains during the December 2016 through September 2017 period. Both a post-harvest corn storage scenario, and a pre-harvest to harvest wheat sales scenario will be examined.

Prepare ahead of time. The CME Group provides the “Self Study Guide to Hedging with Grain and Oilseed Futures and Options" at the CME Group website:

http://www.cmegroup.com/trading/agricultural/self-study-guide-to-hedging-with-grain-and-oilseed-futures-and-options.html

Speaker Bio

Daniel M. O’Brien, Extension Agricultural Economist, Kansas State University

Dr. Daniel O’Brien’s research & educational interests as part of the KSU Agricultural Economics Department are in the subject areas of:

  1. grain market supply-demand & price analysis
  2. grain market price risk management strategies
  3. grain & oilseed crop bioenergy production & market trends & grain market impacts
  4. the profitability of western Kansas irrigated & dryland cropping systems

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O’Brien was raised on a family grain and livestock farm in south central Nebraska in which he still holds a family business interest.

He attended the University of Nebraska-Lincoln in 1974 – receiving a 4-Year B.S. degree in 1978 and an M.S. degree in 1980, both in Agricultural Economics.  After graduation he worked working as an Extension Agent-Ag & 4-H in Nebraska (1980-87) O’Brien attended Iowa State University in Fall 1987, receiving a Ph.D. in Agricultural Economics in 1993, while working for ISU Extension in Northwest Iowa (1992-winter 1995). 

O’Brien joined Kansas State University as an Extension Agricultural Economist in Spring 1995, with his office in the NW Research-Extension Center in Colby.

For more information, contact Rich Llewelyn at the phone or email below:
Phone: 785-532-1504  Email: rvl@ksu.edu