“These workshops are designed to help producers improve their pricing
and marketing strategies through
the study of futures and options,” said Dr. Jackie Smith, Texas Agricultural
Extension Service
ag economist-marketing specialist based in Lubbock. “In order to take
advantage of profitable pricing
opportunities, producers must know how to evaluate market alternatives.
“These workshops will focus on evaluating price alternatives. All pricing
alternatives are directly or
indirectly linked to the futures market. So, we will be closely studying
the basics of futures and options,
fundamental and technical analysis, and pricing strategies using these
tools.”
The four, one-day workshops are slated on Feb. 8, Feb. 22, March 8 and
March 29 at the Ralls
Community Room in Ralls, added Steve Young, Crosby County Extension
agent-agriculture.
Smith will teach all four workshops. Specific workshop topics include:
• Feb. 8 – Marketing Plans;
Introduction to Futures; Pricing with Futures
• Feb. 22 – Introduction
to Options; Pricing with Options
• March 8 – Pricing Strategies;
Basics of Fundamental Analysis; Introduction to Technical Analysis
• March 22 – Overview of
Technical Analysis; Seasonal Marketing Considerations
“Each workshop will run from 9 a.m. to 3 p.m.,” Smith said. “Registration
costs $30 per person for all
four workshops.”
Producers can register, or get more information, for these workshops
by calling Smith at 806-746-6101;
or by calling Young at the Crosby County Extension office (806-675-2347).