COMMODITY MARKETS
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.
Prerequisites & course information
Requisites: A A E 101 (215 prior to Fall 2024), ECON 101 , or 111 Course Designation: Core GenEd - Social & Behavioral Science Breadth - Social Science Level - Intermediate L&S Credit - L&S Liberal Arts and Science Repeatable for Credit: No Last Taught: Spring 2026 Learning Outcomes: 1. Understand the purpose of and major operations in commodity market institutions. Audience: Undergraduate 2. Apply economic logic and quantitative techniques to understand price relations in commodity markets. Audience: Undergraduate 3. Understand spatial and temporal dynamics of futures prices of agricultural commodities. Audience: Undergraduate 4. Analyze risk management strategies using futures and options. Audience: Undergraduate Learning Outcomes: 1. Understand the purpose of and major operations in commodity market institutions. Audience: Undergraduate 2. Apply economic logic and quantitative techniques to understand price relations in commodity markets. Audience: Undergraduate 3. Understand spatial and temporal dynamics of futures prices of agricultural commodities. Audience: Undergraduate 4. Analyze risk management strategies using futures and options. Audience: Undergraduate
Sources
- Course catalogue ↗2026-2027