TRADING FUTURES IN COMMODITY MARKETS

AAE 322

Principles and practices in marketing systems for U.S. agricultural commodities. Vertical organization; forward contracts, future markets, agricultural options and price formation. Alternate management at the farm, processor, wholesale and retail levels.

AAE 101

Introduction to economic ways of thinking about a wide range of problems and issues. Topics include consumption, production, prices, markets, finance, trade, pollution, growth, farms, taxes, and development.

AAE 375

Special topics on contemporary issues relevant to agricultural and applied economics.

FISC 121

This course focuses on the farm and its marketing environment and provides an overview of the economics of grain and milk markets. The course concentrates on developing skills for effective grain and dairy marketing analysis and strategies. It examines forward contracting, hedging on futures markets, delayed pricing and options trading. It will also examine farm policies and the impact on farms. Students will gain an understanding and appreciation of the commodity and futures markets, major trends and causes of trends in dairy and grain industries, market factors that influence farm commodities, risk tools and cooperatives.

AAE/CIVENGR/ENVIRST/URBRPL 561

Energy resources are an essential element of the world's business, political, technical and environmental landscape. Analytic tools provided by the discipline of economics expands our understanding of this critical issue. Energy supply markets reviewed include both fossil fuels and renewable resources. Energy demand sectors include residential, commercial, industrial and transportation. Electricity represents an intermediate energy market. The interactions among these markets participants indicate how scarce resources are allocated among competing needs in the world economy.