I. General Information
1. Course Title:
Directed Study - Applying Commodity Marketing Fundamentals
2. Course Prefix & Number:
FBMT 1181
3. Course Credits and Contact Hours:
Credits: 1
4. Course Description:
This course provides students with the opportunity to apply marketing methods and tools to their individual farming operation.
5. Placement Tests Required:
6. Prerequisite Courses:
FBMT 1181 - Directed Study - Applying Commodity Marketing Fundamentals
There are no prerequisites for this course.
9. Co-requisite Courses:
FBMT 1181 - Directed Study - Applying Commodity Marketing Fundamentals
There are no corequisites for this course.
III. Course Purpose
Program-Applicable Courses – This course fulfills a requirement for the following program(s):
|
Name of Program(s)
|
Program Type
|
|
Agricultural Commodities Marketing
|
Certificate
|
IV. Learning Outcomes
1. College-Wide Outcomes
| College-Wide Outcomes/Competencies |
Students will be able to: |
| Assess alternative solutions to a problem |
Chart futures markets, track local basis and local cash price |
| Analyze and follow a sequence of operations |
chart commodity markets and compare charts with other students |
| Apply abstract ideas to concrete situations |
Evaluate futures, basis, and local market data |
2. Course Specific Outcomes - Students will be able to achieve the following measurable goals upon completion of
the course:
|
Expected Outcome
|
MnTC
Goal Area
|
|
Chart commodities and share and compare charts with other students
|
|
|
Track local basis for commodities of interest
|
|
|
Track local cash prices for commodities of interest
|
|
|
Develop a marketing plan using tools other than the cash market
|
|
V. Topical Outline
Listed below are major areas of content typically covered in this course.
1. Lecture Sessions
I. Costs influencing Marketing
A. Complete a production cost worksheet
B. Complete storage cost calculations
II. Gather information regarding commodities and local pricing
A. Chart farm commodities of interest to student, share and compare information with other students
B. Track local basis for commodities of interest
C. Track local cash prices for commodities of interest
III. Develop basic marketing plan using tools other than the cash market
IV. Gather information on current crop insurance alternatives
|
I. General Information
1. Course Title:
Directed Study - Applying Commodity Marketing Fundamentals
2. Course Prefix & Number:
FBMT 1181
3. Course Credits and Contact Hours:
Credits: 1
4. Course Description:
This course provides students with the opportunity to apply marketing methods and tools to their individual farming operation.
5. Placement Tests Required:
6. Prerequisite Courses:
FBMT 1181 - Directed Study - Applying Commodity Marketing Fundamentals
There are no prerequisites for this course.
9. Co-requisite Courses:
FBMT 1181 - Directed Study - Applying Commodity Marketing Fundamentals
There are no corequisites for this course.
II. Transfer and Articulation
III. Course Purpose
1. Program-Applicable Courses – This course fulfills a requirement for the following program(s):
|
Name of Program(s)
|
Program Type
|
|
Agricultural Commodities Marketing
|
Certificate
|
IV. Learning Outcomes
1. College-Wide Outcomes
| College-Wide Outcomes/Competencies |
Students will be able to: |
| Analyze and follow a sequence of operations |
chart commodity markets and compare charts with other students |
| Apply abstract ideas to concrete situations |
Evaluate futures, basis, and local market data |
2. Course Specific Outcomes - Students will be able to achieve the following measurable goals upon completion of
the course:
|
Expected Outcome
|
MnTC
Goal Area
|
|
Chart commodities and share and compare charts with other students
|
|
|
Track local basis for commodities of interest
|
|
|
Track local cash prices for commodities of interest
|
|
|
Develop a marketing plan using tools other than the cash market
|
|
V. Topical Outline
Listed below are major areas of content typically covered in this course.
1. Lecture Sessions
I. Costs influencing Marketing
A. Complete a production cost worksheet
B. Complete storage cost calculations
II. Gather information regarding commodities and local pricing
A. Chart farm commodities of interest to student, share and compare information with other students
B. Track local basis for commodities of interest
C. Track local cash prices for commodities of interest
III. Develop basic marketing plan using tools other than the cash market
IV. Gather information on current crop insurance alternatives
|