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Serving: MI

Michigan checkoff programs offer grain marketing workshop series

Scott Olson/Getty Images grain being loaded into truck
MARKET GRAIN: A new workshop series will provide an overview of pricing tools available to producers, including cash sales, forward contracts, hedging, options and minimum price contracts.
Three sessions will take place on Tuesday nights, starting Feb. 23.

The Corn Marketing Program of Michigan, Michigan Soybean Committee and Michigan Wheat Program are offering an online workshop series covering the basics of grain marketing. The workshop includes three sessions, which will be from 7 to 9 p.m. on Tuesday nights.

The dates are:

Feb. 23. Session 1: Fundamentals

March 2. Session 2: Strategies

March 9. Session 3: Application

“We’re holding these workshops because we saw a need for more education around grain marketing to give growers the tools they need to manage their operations,” says Claire Dewey, outreach director for Corn Marketing Program of Michigan. “This workshop is an opportunity for newer farmers to broaden their knowledge and for experienced farmers to refresh their skills.”

The workshop will be led by Matt Gammans, assistant professor of agricultural, food and resource economics at Michigan State University.

“This workshop will provide a brief overview of the pricing tools available to producers, including cash sales, forward contracts, hedging, options and minimum price contracts,” Gammans says. “The goal is that attendees will understand the basics of how these tools work and have more confidence when considering expanding the set of pricing tools they use.”

The event is free, but registration is required. Interested growers should visit micorn.org/events to register.

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