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2024 Margin Management for Agricultural Lenders
Sponsored by: Kansas Ag Bankers - A Division of KBA
Details
December 12, 2024 - Robbins Banking Institute, Hays
600 Park Street, Fort Hays State University
600 Park Street, Fort Hays State University
Program Agenda
Brochure
Registration - 8:30 a.m.
Program - 9:00 a.m. - 4:00 p.m.
Lunch - 12:00 p.m. - 1:00 p.m.
Program - 9:00 a.m. - 4:00 p.m.
Lunch - 12:00 p.m. - 1:00 p.m.
Brochure
Program Content
Are you familiar with the marketing tools available to ag producers that allow them to be prepared for opportunities when they come and manage risk? This in-depth training, covering marketing/hedging content for both the beginner and more advanced ag lender, explores all of the marketing plan puzzle pieces. We will walk through the steps a producer needs to take to build a customized marketing plan and how to manage risk, including the true purpose of a hedge account. The day will conclude with a hands-on breakout where attendees will work as a team to use the knowledge from throughout the day to build a real, actionable 2025 marketing plan.
Topics Will Include:
Topics Will Include:
- History of the CBOT & CME. Why does it exist? Who uses it?
- Introduction to Hedging with Futures and Options Strategies
- Cash Grain Marketing, Basis, Carry Spreads, and Enhancing Marketing with Grain Bins
- Banking and Hedging Partnership. Projecting Cash Needs and Stress-Testing a Plan.
- Group Exercise - Building a Marketing Plan
- Understanding a Producer's Equity Statements
Presented by
Justin Trompke - CEO, AgWest Commodities
Justin Trompke built his career as AgWest's largest Cash Advisor, by taking a personal interest in each and every operation he served. As their "Marketing Partner," he has dedicated himself to helping his customers build marketing plans to meet their individual goals. Now in his role as CEO, Justin gets to focus on his passion for commodity markets and the ever-evolving agriculture industry. He enjoys digging into the market noise to find the drivers that impact the producer right here in the Western Corn Belt.
Pricing
KBA Members: $300 per person
Non KBA Members: $600 per person
*Please add $100 if registering after December 5.
*Bring a producer: $100
Justin Trompke built his career as AgWest's largest Cash Advisor, by taking a personal interest in each and every operation he served. As their "Marketing Partner," he has dedicated himself to helping his customers build marketing plans to meet their individual goals. Now in his role as CEO, Justin gets to focus on his passion for commodity markets and the ever-evolving agriculture industry. He enjoys digging into the market noise to find the drivers that impact the producer right here in the Western Corn Belt.
Pricing
KBA Members: $300 per person
Non KBA Members: $600 per person
*Please add $100 if registering after December 5.
*Bring a producer: $100
*Producers attending must be accompanied by a registered banker. Please email the producer's name and email address to J.W. Wells at jwells@ksbankers.com.
*Cancellations must be received by December 6, 2024.
*Any transmission, retransmission or republishing of the audio or video portion of the seminar is strictly prohibited.
