Planning for Black Swans Series Overview

What is a black swan? Market experts use the term to define unpredictable, catastrophic events that are beyond what is normally expected of a situation and bring extreme, unknowable consequences. The COVID-19 pandemic is our modern-day black swan, unleashing the most severe market volatility in history alongside one of the worst public health crises in generations. We get hit with these catastrophic events on a regular basis, but we never know when they will happen, what form they will take or what impact they will have. How do you plan for and protect your business from the negative consequences of these events?

Join IDFA and INTL FCStone Financial Inc., a wholly owned subsidiary of StoneX Group Inc., for a special, three-part virtual series that will position the dairy industry to plan and react more swiftly when the next black swan is on the horizon. Featuring financial market experts and food industry leaders together in one unique webinar series, Planning for Black Swans will deconstruct the warning signs and fallout from COVID-19, and recommend practical risk-management strategies to help you recognize the unpredictable as the probable, and plan accordingly.

Session 2: Active Risk (and emotion) Management in Dairy Markets

Markets are driven by human decisions, and to be human is to be vulnerable to emotion. Listen and learn as active market participants describe how they survived the inexplicable 2020 dairy price swings as they occurred, what actions they took, what kept them up at night, what opinions and pressures they had to manage, and what they learned. You won’t want to miss this exciting Session 2.

Moderated By

Michael Dykes

President & CEO

Featuring

Kyle Schrad

Vice President, Global Dairy & Food Operations, StoneX Financial Inc. – FCM Division

Adnan Mikati

Dairy Derivatives Portfolio Manager, Hoogwegt US

Michael Christensen

Team Leader, Commodity Risk Management, Schreiber Foods

Registration

Members: Free
Non-Members: $195.00 per session

The webinar registration fee is based on membership. If you have any questions about membership, please email membership@idfa.org.