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| C O U R S E S |  L E V E L  I  : B A S I S  T R A D I N G  E S S E N T I A L S
100% online | Available 24/7 | Self-Paced | 14 Modules - estimated completion <18 weeks

PART 1:  CORE SKILLS OF BASIS TRADING
Gain an understanding of the fundamental concepts and practices of basis trading. 

  • Learn how a basis trading operation makes its money.
  • Converse in the language of basis trading.
  • Carry out basis transactions, including the execution of buy basis, sell basis and spreading activities.
  • Do proper and accurate basis calculations.
  • Identify basis patterns and evaluate basis risk.
  • Aid in the administration and execution of long-the-basis positions.
  • Aid in the administration and execution of short-the-basis positions.
  As administrative assistant to the grain merchandiser I will use the knowledge and skills I’ve acquired to assist the merchandiser in
making profitable decisions.

Karen Bowns
Morning Star Grain LLC
Lennon, MI
     

PART 2:  BASIS TRADING ADMINISTRATION
Develop a working knowledge of the proper procedures and routines involved in the execution and administration of a grain company’s daily basis trading activities.

  • Identify and evaluate the company’s price risk position.
  • Execute appropriate futures transactions based on company hedging policies.
  • Reconcile statements of cash and futures positions.
  • Calculate financial requirements and needs of cash and futures positions.
  • Identify and evaluate the company’s basis risk position.
  • Gain an understanding and appreciation for real world grain merchandising.
  Today I have a much better understanding of basis, merchandising, identifying profitable opportunities, daily position, futures statements and linking all these things together for a full picture.  This course has helped to give me a better understanding, but most importantly it has given me confidence.

Karen Taylor
Grain Merchant
Morrisonville Farmers Cooperative
Morrisonville, IL

Participant Registration

Elevators utilizing White Commercial's Futures Brokerage Services (Participants) register through the special Participant website. 
If you do not have access, please call Cindy at 888.546.9555 for details.
  Our mission is to enhance the well-being and success of agricultural businesses
through world class education and management consulting.

© 2016 White Commercial Corporation
 
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