NDSU will offer a free three-day course on risk management to members of the corn ethanol industry June 16-18 in Barry Hall's commodity trading room. The program targets new merchandisers, risk management officers, credit analysts and ethanol refinery managers.
The training will cover a wide range of topics, including financial risk, logistics, futures, options and contracting. The program will combine lectures with hands-on learning in the form of exercises, case studies and trading simulations.
"Managing price volatility and physical materials is key to the stability of corn-ethanol refineries," said David Ripplinger, NDSU Extension Service bioenergy economics specialist and assistant professor of agribusiness and applied economics. "This program will help attendees better understand and manage the risk their business faces."
William Wilson, Distinguished University Professor of agribusiness and applied economics, and Ripplinger will provide the training.
The training is sponsored by North Dakota's Renewable Energy Program, Cenex Harvest States, Archer Daniels Midland and NDSU.
To learn more about the program and register, go to www.ag.ndsu.edu/bioepic/2015-ethanol-risk-management-training.
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