Overview of the Agricultural and Soft Commodity Markets: Virtual Delivery

This virtual course held over four sessions is designed to provide an introduction to the agricultural and soft commodity markets: Grains, Wheat, Sugar, Cotton, Coffee, Cocoa and FCOJ. It will cover the driving forces behind the current markets and identifies the key factors to consider for future market developments. In addition it will also explore the main tools that can be used for trading these markets from both a risk management and speculative perspective.
The course is split into twelve teaching units over the four days.

This virtual course is one of the ICE Education LIVE programs. We provide three phases to the course:

1. Pre-course: Access to the ICE Education learning platform for on-demand primer content.
2. Live Virtual Sessions: Trainer led live video sessions (as per the outline below). These are short focused sessions with practical activity and interaction throughout.
3. Post-course: On-demand content remains available and an optional live video clinic session is scheduled for one week post course for any learning points you'd like to revisit.

During these challenging times, all virtual courses are being offered at a discounted rate.
Enter code: C2020 on the booking form when checking out.

Start Times Days 1 - 4: 09.00 London - 12.00 Dubai - 16.00 Singapore
End Times Days 1 - 4: 12.00 London - 15.00 Dubai - 19.00 Singapore

All course payments must be received one day prior to the start date

The detail of each day's content is provided below.

Course Information

Price £1,600 + VAT
Duration 4 days
Location Virtual
Available Dates
Oct 07 2020  Register Now

Who Should Attend

  • Personnel from the commodity market, trading companies and other individuals who wish to gain an understanding of commodity options and their uses
  • Risk management and financial departments of commodity producer and commodity trading companies
  • Commodity supply and distribution companies
  • Major commodity consuming businesses
  • Trading companies, banks, brokers, government, regulators and associated organisations

Booking Information

Tel: +44 (0) 20 7065 7706

Course Content

Day One

09:00-10:00 Introduction

  • Agricultural Markets in Perspective

o Staple v Luxury

o Agriculture in World Trade

o Place in World Markets

o Agriculture as an Investment Asset Class

10:15-11:00 Grains and Oils

  • Grains and Oils - Corn, Wheat, Soya

o Fundamentals - Crop to Table

o Crop Calendars

o Natural Threats

o World Trade Flows

11:15-12:00 Managing Agriculture

  • Essential Processes

o Milling

o Other Processes

  • Enhancement Techniques

o Chemical Treatments

o Crop rotation

Day Two

09:00-10:00 Extending Agriculture

  • Genetic Modification

o Types

o Applications

  • Weather Modification
  • Agriculture for Energy

o Co-generation

o Bio-Fuels

10:15-11:00 Softs Markets

  • Cocoa, Coffee, Sugar
  • Cotton, OJ, Palm Oil

o Fundamentals -Crop to Table

o Crop Calendars

o Natural Threats

o World Trade Flows

11:15-12:00 The Markets and Trading

  • Trading Physical Commodities

o Specific v Generic Trading

o Operations

  • Market Drivers

o Fundamental, Geopolitical, Technicals

o "Manipulation"

Day Three

09:00-09:45 Understanding Market Behaviour

  • Characteristics of different markets

o What makes a good market

  • How markets work and behave

o Arbitrage

  • Related Markets freight, weather

10:15-11:00 Agricultural Markets

  • Exchanges and Contracts

o Calendar structure

o Relationship to physical

o Liquidity

11:15-12:00 Markets (cont)

  • Price Histories

o Key Events

o Forward curve structure

  • Related Markets

o Interaction with Energy Markets

Day Four

09:00-09:45 Trading

  • Trading Instruments

o Futures

o Swaps

o Options

10:15-11:00 Risk Management

  • Characterising Risk
  • Long and Short

o Exposure diagrams

o Basis vs Outright risk

  • Hedging physical positions with different instruments

11:15-12:00 Future of Agriculture

  • Population Growth
  • Key Challenges

o Water

o Climate Change

o Competition for land