792-317 Commodity Trading

Credit Points:

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Timetable:

Contact:

Objectives:

On completion of the subjects students will be able to:

• analyse and conduct a trade negotiation;

• analyse the options for each element in the contract;

• chart and analyse commodity price movements using current market information;

• take an effective bargaining position as a primary producer, trader, and end-user of commodities;

• recall and implement a range of recognised risk management strategies (including futures, contracts, physical storage, product testing)

• describe the market channel and major operations in a range of major agricultural commodities (e.g. wool, wheat, cotton, rice, beef).

Content:

Major organisations and market channels in a range of commonly traded commodities, or elements of a contract and options in their construction; analysing and checking the detail of contracts; market position taken by primary producers, traders and end-users; strategies in risk management and physical and financial taken by different sectors of the market; market information services and interpreting market information using computer assisted technology; financing commodity trading; international commodity trading and risk management.

Assessment: