Grain Procurement Management for Importers Course (Online)
September 14 - 25, 2020
Northern Crops Institute - Online
Course Overview:
This two-week online course focuses on the mechanics of grain merchandising, and is designed to educate individuals who are responsible for purchasing grain. Participants will spend three to four hours per day learning from academic and commodity trade authorities lecture on cash and futures markets, and grain merchandisers who will guide you through the full complexity of the international grain markets. The course provides an overview of the U.S. grain handling and marketing system and the risk management tools available to assists buyers in purchasing U.S. grain that meets their quality needs at the best value.
Objectives:
Learn from experts from both academic and commodity industry professionals on cash and futures markets.
Hear from grain merchandisers and hear of their experiences in dealing with the complexity of the international grain markets.
Share day-to-day experiences with colleagues from other countries and U.S. grain merchants.
Experience the U.S. grain handling system.
Major Topics:
U.S. grain export handling and logistics
Commodity analysis: fundamental and technical factors
Basis: implications for grain importing decisions
Grain hedging principles
U.S. grain grading standards
International grain contracts
World and U.S. grain market outlook
Developing purchasing strategies
Supplier-customer relationships
Purchase quality specifications for importers
Risk management strategies
Managing ocean freight risks
Who Should Attend:
International grain buyers associated with private trading companies, milling, feed manufacturing and food processing. Anyone with interest in importing grain from the United States.
How Do I Register?
Registration for this course has closed. If you or anyone you know is interested in attending, please email Program Manager Brian Sorenson at brian.sorenson@ndsu.edu.
Northern Crops Institute
NDSU Dept. 7400
P.O. Box 6050
Fargo, ND 58108-6050 USA
Phone: 701-231-7736
Fax: 701-231-7235
Email: nci@ndsu.edu
Website: www.northern-crops.com
ABOUT NORTHERN CROPS INSTITUTE
Northern Crops Institute is an international center for meeting and learning about crops produced in the four-state region of North Dakota, South Dakota, Minnesota and Montana. Situated on the campus of North Dakota State University, Northern Crops Institute exists as a forum to bring together customers, commodity traders, technical experts, processors and producers from all points of the globe for discussion, education and technical service programs. Since 1983, the Institute has hosted visitors from more than 135 countries.
North Dakota State University is an Equal Opportunity Institution. This publication will be made available in alternative formats upon request (701-231-7736).