Source: NCDA&CS, 1/7/16

The N.C. Department of Agriculture and Consumer Services will offer a series of risk-management workshops
across the state starting Jan. 7. The workshops will focus on managing price volatility and identifying macro
indicators in marketing agricultural commodities.

The following topics will be covered: Introduction to grain hedging, basis trading, cost of carry, cotton futures,
option trading on futures and equities, and macro forces. The principles of options, spreading strategies, using
options to manage financial risk, and energy derivatives and how to manage exposure to energy costs will be
discussed. All workshops will be held from 10 a.m. to noon, and are free to attend.

For more information or to register for the workshops, contact Nick Lassiter, NCDA&CS marketing specialist, at
919-707-3129.