Student Learning Outcomes

This course is designed to introduce students to the various methods and tools to market farm commodities. The students will study types of marketing contracts, cash markets, the roles of brokers and market advisors, and the importance of insurance.

STUDENT LEARNING OUTCOMES:
  • Describe the history of commodity markets.
  • Identify the influences of supply and demand on prices.
  • Identify the law of demand.
  • Identify the law of supply.
  • List commodities that are traded.
  • Identify market symbols.
  • List commodity trading exchanges.
  • List United States Grain Inspection Service (USGIS) specifications for commodities.
  • Describe alternative sales tools.

Prerequisites

Please see eServices for section availability and current pre-req/test score requirements for this course.