THE COTTON SCHOOL PLAN NOW TO JOIN US FOR A SEMINAR. Announces 2011 Seminar Dates. Paul A. Ruh

Transcription

1 THE COTTON SCHOOL Announces 2011 Seminar Dates After years of providing one-on-one or small group cotton market and risk management seminars for companies, Paul A. Ruh, President and CEO of The Cotton School in Dallas, Texas offered his first 4-day public Cotton Market Seminars, one in English, one in Spanish, during May of 2010 (see pictures included). Mr. Ruh is well-known and respected for his in-depth knowledge of the cotton market. As a seasoned, successful executive and former leader of large, worldwide cotton firms during his career, he has developed his expertise in the cotton market first-hand, with risk management, futures and options trading acumen. The Seminars will be held shortly after the annual meeting of the National Cotton Council of America at which their economic staff presents the 1st projections for the 2011/12 season U.S. and World cotton supply/demand picture. Seminar participants will get a very early idea of cotton prices for the new season. By limiting each seminar to 15 participants, the combination of mill executives, cotton growers, ginners, merchants, warehousemen, consultants and buying/selling agents will allow for a lively and interesting mix of discussion and questions. Attendees will learn more in 4 days than in any other seminar and appreciate the variety of subjects they can apply to their own business. Networking opportunities among participants that were initiated during the seminar have been of added value. PLAN NOW TO JOIN US FOR A SEMINAR February or March 7-11, Paul A. Ruh

2 The Cotton School s 4-Day Cotton Seminars February (English) March 7-11 (Spanish), 2011 Dallas, Texas P L A N to A T T E N D one of the seminars Get Answers to Your Questions about the Cotton Market and the Tools to Manage Risks The program is taught by Paul A. Ruh, active in commodity trading for over 50 years and has a wide range of experience, knowledge and understanding of the cotton industry, U.S. and international trading and marketing. He has traveled throughout the world and understands the cotton business, both domestic and foreign, in our expanding global environment. For those involved in the cotton supply chain, from growers to merchants to textile mills, including their agents, this intensive seminar will expand your knowledge on the cotton market and offer you risk management strategies from every perspective. Unlike other seminars, you will not sit quietly in a chair all day for the lecture. Our seminars are limited to 15 participants to allow an opportunity to ask questions throughout and engage in discussion. An additional day is reserved for one-on-one consultations. Interested? Contact: infodesk@thecottonschool.com Topic Highlights: Changes in the Cotton Industry The Functions of a Cotton Merchant Factors influencing Cotton Prices U.S./World Supply and Demand Situation Price Outlook for the rest of the 2010/11 season and beyond Purchasing Cotton and Cotton Contracts ICE and Commodity Exchanges, including the influence of speculators Hedging Purchases and Sales Futures and Options Strategies to Manage Price Risks Cotton Classing For a provisional list of topics, see the 2010 Agenda on the next page Enrollment & Fees The cost for these special 4-day seminars will be $2, U.S. per person and will include all materials. Enrollment is limited to a maximum of 15 participants for each series of seminars and effort will again be made to have representatives from all segments of the industry. A non-refundable enrollment fee of $ U.S. will be required to hold your reservation, with the final payment due no later than two weeks before the seminar. Participants may select a seminar conducted in English or Spanish. Member 5501 LBJ Freeway, Suite 249 Texas Cotton Association Phone Dallas, Texas American Cotton Shippers Association Fax infodesk@thecottonschool.com National Cotton Council of America

3 A G E N D A O U T L I N E U S E D A T Cotton Market Seminar - Dallas, Texas May 2010 Prepared by Paul A. Ruh, President Cotton Market and Risk Management Consulting, Inc. A. QUICK LOOK AT THE WORLD AND U.S. ECONOMIES B. INTRODUCTION TO THE WORLD OF COTTON World Production, Consumption and Ending Stocks U.S. Production, Exports, Consumption and Ending Stocks The Structure of the U.S. Cotton Industry The Functions of a Cotton Merchant C. THE COTTON MARKET Commodity Exchanges in general and the ICE No. 2 Contract The Hedging of Purchases and Sales The Many Risks involved in Cotton Trading Cotton Prices and Factors Influencing Them The U.S. Farm Bill and its Effects on Cotton Prices Price Outlook for Upland Cotton for 2010/11 and beyond Outlook for the Textile Industry Cotton and the Environment D. RISK MANAGEMENT FOR PRODUCERS AND CONSUMERS The different Types of Risks in the Cotton Supply Chain Identification and Quantification of Market Risks Opportunities and Risks for Producers and Textile Mills On Call Purchases and Sales and Risks Involved The Use of Cotton Futures for Producers, Merchants and Mills Purchases and Options as a Risk Management Tool for Price Insurance Strategies for Growers and Mills depending on Price Outlook How much Risk can you afford to take yourself? E. COTTON CLASSING Traditional Method USDA HVI (High Volume Instrument Classing) Green Card F. COTTON FINANCING AND COTTON CONTRACTS Cotton Contract Terms and Conditions Cotton Financing Rights and Obligations of the Parties, as per ICA Rules Points to Watch when Purchasing/Selling Cotton G. WHAT MATTERS MOST WHEN SELLING/BUYING COTTON Cotton Market and Risk Management Consulting, Inc.

4 2011 Cotton Market Seminars Dallas, Texas Select the Seminar you will attend: Seminar I (in English) Date: February 21-25, 2011 Seminar II (in Spanish) Date: March 7-11, 2011 Please complete the following: First Name Last Name Title/Position Name for Badge Company Name Address City State Zip Country Phone: Fax: Mobile Phone: The non-refundable Enrollment Fee of $ U.S. must accompany registration form. Final payment of $2, due no later than two weeks before the start of the seminar. Sorry, no refunds will be issued after this date, but in the event of a cancellation, you may request a transfer to another person. Payment by Check to Cotton Market and Risk Management Consulting, Inc LBJ Freeway, Suite 249 Dallas, TX USA Payment by Wire Transfer to Contact The Cotton School for details Easy ways to Register: registration form to: pbatson@thecottonschool.com MAIL completed form to Cotton Market and Risk Management Consulting, Inc., 5501 LBJ Freeway, Suite 249, Dallas, Texas USA FAX your registration to Questions? For questions regarding the seminars, please contact our office by phone at or by at infodesk@thecottonschool.com. Cotton Market and Risk Management Consulting, Inc.

5 THE COTTON SCHOOL SEMINARS 2010 May 2010 Cotton School Seminar in Dallas, Texas. Group included cotton producers, ginners, merchants, with textile executives, selling agents, CCI delegate and commodity consultant from the U.S., Australia, Korea, Pakistan, Peru and Turkey. May 2010 Cotton Seminar conducted in Spanish for cotton producers, ginners, textile mill executives, buying agents, merchants and warehousemen from Mexico, Peru and the U.S.

6 THE COTTON SCHOOL SEMINARS May 3-7 Seminar in Dallas, TX. Mill exec s from Peru and Turkey Paul A. Ruh with participants from the U.S., Australia, and Turkey. Ginner, selling agent and textile mill executive Peru mill executive 2010 Seminar participants from Pakistan, U.S. and Turkey Textile executive from Pakistan with Paul Ruh during May 3-7, 2010 seminar. Representatives of largest cotton producer/ginner group in Mexico Textile mill executive, ginner, merchant, warehouseman and buying agents from Mexico, Peru and the U.S.