Course Outcome Summary 2026-27

AGEC 2450 Commodity Marketing Strategies

Course Information

Course information
Course Number AGEC 2450
Course Title Commodity Marketing Strategies
Description This course covers strategies of commodity marketing of agricultural products. Students will apply marketing principles in various market situations. Students will work with forward contracts, basis contracts, futures contracts, and option strategies in agriculture commodities. Students will develop market plans for agribusiness marketing and input needs. (Prerequisites: AGEC 1100, AGEC 2400)
Total Credits 2
Total Hours 48
Types of Instruction: instruction type, credits, and hours
Instruction Type Credits and Hours
Lecture 1 Credit, 24 Hours
Lab 1 Credit, 24 Hours

Pre/Corequisites

Prerequisite: AGEC 2400, AGEC 1100

Course Competencies

  1. Describe commodity buying methods.
  2. Describe break even commodity price.
  3. Describe grain merchant accounts
  4. Calculate grain storage costs.
  5. Determine financial considerations to commodity merchandising.
  6. Calculate grain bid prices.
  7. Complete grain contract examples.
  8. Calculate commodity market alternatives.
  9. Describe commodity market fundamentals.
  10. Analyze market forecasting methods.
  11. Record hedging transactions.
  12. Record option transactions.
  13. Describe price risk management strategies.
  14. Compare basic strategies for forward-pricing with options.
  15. Compare basic contract marketing programs.
  16. Describe synthetic long and short positions.
  17. Describe long and short spreads.
  18. Calculate target prices for commodities.
  19. Describe moving average pricing strategies.
  20. Make grain sales/purchase decisions.
  21. Compare commodity marketing pricing alternatives.
  22. Develop commodity marketing plan.
  23. Determine market basis (costs) for alternatives.

SCC Accessibility Statement

South Central College strives to make all learning experiences as accessible as possible. If you have a disability and need accommodations for access to this class, contact the Academic Support Center to request and discuss accommodations.

North Mankato: Room B-132, (507) 389-7222; Faribault: Room A-116, (507) 332-7222.

Additional information and forms can be found at: southcentral.edu/disability

This material can be made available in alternative formats by contacting the Academic Support Center at 507-389-7222.