The Marketing Division of the North Carolina Department of Agriculture & Consumer Services is planning a series of risk management workshops on “Managing Price Volatility/Identifying Macro Indicators”. There is no charge for these workshops and the following topics will be covered: Introduction to Grain Hedging, Basis, Trading, Cost of Carry, Cotton Futures, Option Trading on Futures and Equities, and macro forces impacting the hedger. There will be an emphasis on the principles of options, spreading strategies, and using options to manage financial risk. Energy derivatives traded at the CME/NYMEX will be explained as well as trading strategies to manage your exposure to business community. The meeting will be at the Johnston County Extension Center on Wednesday, January 23rd at 10:00 AM. Please pre-register by calling the extension office at 989-5380 by January 19th.