The World Bank's Cocoa Price Risk Management Program

This course aims to provide practitioners with concepts, tools, and strategies for managing  price risk within a cocoa trading enterprise. 

The course provides a step-by-step guide for understanding and analyzing price risk and putting in place systems and practices (using physical and financial instruments) for managing price risk for a cocoa trading cooperative or commercial business.

Modules

• Module 1: Introduction
• Module 2: The Three Steps for Risk Assessment
• Module 2B: Risk Management
• Module 3: Introduction to Physical Risk Management Strategies
• Module 4A: Thinking in Two Markets
• Module 4B: Futures and Options & Use of Commodity Exchanges for Cocoa
• Module 4C: Futures Contracts
• Module 4D: Options Contracts
• Module 4E:Hedging with Financial Markets
• Module 5: Implementing a Price Risk Management Program