AGEC 344 Ag Commodities & Price Analysis
This course examines agricultural price trends; elasticity of demand and supply; seasonal prices; and price cycles. The use of price management tools and strategies will be studied. Understanding the theory of demand and supply and the specific impact on agricultural commodity prices is a key factor in understanding market risk management. Analysis of commodity price fluctuations using technical, fundamental, and behavioral techniques will also be addressed. Students will understand the concept of risk management by actively completing a variety of case studies throughout the course. The students will be exposed to numerous speakers who will share differing perspectives on the agriculture industry. Pre-requisites: ECON 201 and ECON 202.