Farmers now have a new way of learning, by using the computer and taking online courses through a webinar. Growers who want to experience grain marketing using real-world strategies without any of the real-world risks, can take advantage of a series of courses taught by experts from Ohio State University’s College of Food, Agricultural, and Environmental Sciences that can offer successful, hands-on grain marketing approaches..
The courses, to be offered Jan. 7 and 21; Feb.4 and 18; and March 4, are taught online and will offer participants the ability to experience grain marketing simulations using marketing options commonly used in grain marketing without the risk of actually taking a position on real bushels, said Chris Bruynis, an Ohio State University Extension educator. Dr. Mathew Roberts and Chris Bruynis are the featured speakers and teachers for this grain marketing series of classes through a webinar online. Participants will learn how to use futures and options; make a marketing plan to fit their farm business; use crop insurance as a grain marketing tool; and how to understand financial statement analysis in relationship to their grain marketing plan, Bruynis said.
The workshops are from 11:30 a.m. to 1:30 p.m., with each course building on information taught in the previous course. Registration for the online classes is $135, but each participant can earn part or all of the cost back through their participation in the course. Part of each participant’s registration costs will be placed in a pool that will be distributed back to participants based on how well they market their grain in the commodity challenge. Those who sell their challenge grain for the average of all course participants will earn a refund of $100 from their registration fee. Those who do above the course average will earn more than $100 and those who do less than the course average will receive less than $100.
“The refund is an incentive to give participants a reason to do as well as they can in the commodity challenge,” Bruynis said. Registration can be found at https://www.regonline.com/grainmarketing. For more information about the program, contact Bruynis at firstname.lastname@example.org or 740-702-3200.