MKF3961

Commodity trading management

Not offered in 1998

Professor Bill Schroder

6 points
* One-week block mode
* Summer semester
* Caulfield
* Prerequisite: MKP2761

Objectives On completion of this subject students should be aware of the different types of risks facing agribusiness managers; understand the principles underlying the establishment of risk management policies; understand the operation of futures and options markets in Australia and overseas; use forward contracts, futures and options to manage price risks.

Synopsis Commodities compared with branded products; factors influencing commodity prices; futures markets; agricultural price instability - causes, effects, methods of price stabilisation; commodity price forecasting - fundamental and technical approaches; trading profitability and risk management.

Assessment Assignments (3000 words): 30%
* Management game: 15%
* Examination (3 hours): 55%

Prescribed texts

Chafin D and Hoepner P Commodity marketing from a producer's perspective Interstate Publishers, 1989