I. General Information

1. Course Title:
Directed Study - Monitoring Farm Commodity Marketing Plans

2. Course Prefix & Number:
FBMT 2173

3. Course Credits and Contact Hours:

Credits: 2

4. Course Description:

This course is designed to justify current farm commodity marketing plans. Emphasis will be placed on current market conditions and pricing opportunities. The student will prioritize and evaluate marketing opportunities and risk.

5. Placement Tests Required:

Accuplacer (specify test):

No placement tests required

Score:

6. Prerequisite Courses:

There are no prerequisites for this course.

9. Co-requisite Courses:

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):

Agricultural Commodities Marketing Certificate

IV. Learning Outcomes

1. College-Wide Outcomes

College-Wide Outcomes/Competencies	Students will be able to:
Demonstrate written communication skills	Keep accurate records for determine break even price.
Analyze and follow a sequence of operations	Differentiate sources of market quotes and gather market data.
Utilize appropriate technology	Utilize phone/internet/media sources to derive market information.

2. Course Specific Outcomes - Students will be able to achieve the following measurable goals upon completion of the course:

• Construct marketing plans based on seasonal price trends;
• Construct a marketing plan, using cash sales to reduce market risk;
• Design option strategies to create minimum prices;
• Explain technical indicators related to commodity charts;
• Explain the purpose of price limits for futures prices; and
• Interpret tax laws relating to marketing plans.

V. Topical Outline

Listed below are major areas of content typically covered in this course.

1. Lecture Sessions

1.   Construct marketing plans based on seasonal price trends

2.   Construct a marketing plan, using cash sales to reduce market risk

3.   Design option strategies to create minimum prices

4.   Explain technical indicators related to commodity charts  

5.   Explain the purpose of price limits for futures prices

6.   Interpret tax laws relating to marketing plans