209-256 Commodity Marketing

Availability

Credit Points

HECS Band

Coordinator

Semester

Contact

Subject Description

At the end of the course students should be able to:

• analyze and conduct a trade negotiation;

• analyze and select a suitable option for a commodity trading contract;

• chart and analyze commodity price information;

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

• and describe the market channel and major operation for a range of major agricultural commodities.

The subject covers areas of:

• marketing channels and related organizations;

• concentration of ownership of product;

• commodity trading options;

• interpreting trading contracts;

• market positioning;

• physical and financial risk management strategies;

• market information services and market charting;

• and financing commodity trading and risk management.

Assessment

One two-and-a-half-hour written examination worth 40% of final marks, two assignments equivalent to 3000 words and worth 30% of final marks each.

Prescribed Texts

• Padberg, Ritson and Albisu (eds), Agri-food marketing. (1997), CAB International, New York.