{"product_id":"managing-commodity-risk-isbn-9780471866251","title":"Managing Commodity Risk","description":"Managing Commodity Risk is a clear and practical guide to managing commodity risk and explains how the commodity futures markets can be used to the manager's advantage. \u003cbr\u003e \u003cbr\u003e  Beginning with a general overview of the definitions, processes and procedures, the book then explains in detail each of the individual approaches and looks at topics such as the commodity markets and their instruments, hedging with commodity futures and options and commodity futures exchanges. There is a checklist with key issues and approaches raised at the end of each chapter. \u003cbr\u003e \u003cbr\u003e  This book is a practical primer for business managers who wish to manage and minimise the risk within their own industry.  List of Tables.\u003cbr\u003e \u003cbr\u003e Commodity Risk, Commodity Futures and the Management Function.\u003cbr\u003e \u003cbr\u003e The Commodity Markets and Their Instruments.\u003cbr\u003e \u003cbr\u003e Commodity Futures Exchanges.\u003cbr\u003e \u003cbr\u003e Mechanics of the Marketplace.\u003cbr\u003e \u003cbr\u003e Hedging with Commodity Futures and Options -\u003cbr\u003e The User's Hedge.\u003cbr\u003e \u003cbr\u003e Hedging with Commodity Futures and Options -\u003cbr\u003e The Producer's Hedge.\u003cbr\u003e \u003cbr\u003e Creative Commodity Risk Management.\u003cbr\u003e \u003cbr\u003e Index. JOHN J STEPHENS has considerable practical experience of commodities trading and runs a training company specialising in the futures and futures options markets. For 10 years he was CEO of a management consultancy firm with many large international clients, whilst from 1992 onwards he worked in the financial services sector for first SANLAM and later ABSA Bank, specialising in market and financial product development. He is also an advocate of the Supreme Court of South Africa.  Commodity risk and commodity futures are not merely used by financial traders, they can also be an invaluable tool for the everyday business manager. \u003cbr\u003e  This book examines, in a balanaced and objective fashion, the extent to which the commodity futures markets can be used to the manager's advantage. Beginning with a general overview of the definitions, processes and procedures, the book then separately explains in detail each of the individual approaches. Topics dealt with include:  \u003cul\u003e \u003cli\u003eCommodity Risk, Commodity Futures and the Management Function\u003c\/li\u003e \u003cli\u003eThe Commodity Markets and Their Instruments\u003c\/li\u003e \u003cli\u003eCommodity Futures Exchanges\u003c\/li\u003e \u003cli\u003eMechanics of the Marketplace\u003c\/li\u003e \u003cli\u003eHedging with Commodity Futures and Options - The User's Hedge\u003c\/li\u003e \u003cli\u003eHedging with Commodity Futures and Options - The Producer's Hedge\u003c\/li\u003e \u003cli\u003eCreative Commodity Risk Management\u003c\/li\u003e \u003c\/ul\u003e  Most businesses will face commodity risk in some form. It is how the company manages this risk that will help to determine the success of the firm. In this highly practical book, John J. Stephens explains in a clear concise manner the best techniques for managing such risks. Aimed at the ordinary businessperson, this book is a practical primer for those who wish to manage and minimise the risk to their industry, through instruments such as commodity futures, without wishing to have the technical knowledge of professional financiers. \u003cbr\u003e  This book provides the ideal starting point for the good manager not only to minimise commodity risk but to gain benefit also.","brand":"Wiley","offers":[{"title":"Default Title","offer_id":47989563523301,"sku":"NP9780471866251","price":136.0,"currency_code":"USD","in_stock":false}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/1842\/7735\/files\/9780471866251.jpg?v=1761784611","url":"https:\/\/k12savings.com\/products\/managing-commodity-risk-isbn-9780471866251","provider":"K12savings","version":"1.0","type":"link"}