Hedging Commodity Price Risk: A Small Business Perspective

by Tim Bishop, Joe Smith (Foreword), Sandra Judd (Editor)

Are you concerned that changes in commodity prices, interest rates, or weather will jeopardize your bottom line, but you don’t know what to do about it? Would you like to offer your customers price protection, but you don’t know how to manage the risk? Or, are you simply feeling anxious about your current hedging program, uncertain of where to turn for answers?

Finally, it’s here: a practical book about hedging written in plain, easy-to-understand language, with clear illustrations. Written for a businessperson by a businessperson, Hedging Commodity Price Risk: A Small Business Perspective explains:

- What commodity price risk is and how it can affect your business

- What hedging is and how it minimizes risk

- Specific hedging examples

- Hedging pitfalls and opportunities

- How to reduce exposure to rising interest rates

- How to protect against changes in foreign currency exchange rates

- How to hedge weather risk

With over thirty years of business expertise, including fourteen specific to all matters hedging, Tim Bishop shares his knowledge to make your job easier—and your business more sustainable. Written with a small business slant, Hedging Commodity Price Risk is an essential guide to any business that deals with commodities. It comes professionally edited complete with fully linked index, glossary, and helpful webpages.

ebook

First published September 9, 2014

About the author

After a thirty-year career in business, Tim Bishop left his corporate treasurer position, married his dream girl, and embarked with her to parts unknown—on bicycles. Ten thousand miles later, the first-time newlyweds have written four books about their cycling adventures. Their devotional Wheels of Wisdom won four first-place book awards. Publishers Weekly dubbed it “a road map for life.”

Tim volunteers as a coach for a ministry that reaches people who are dealing with challenging life issues. In addition to writing inspirational content, he has also penned the business book Hedging Demystified. A graduate of the University of Maine, a CPA, and a three-time Maine chess champion, Tim and his wife, Debbie, live in Middle Tennessee. Connect with him at TimBishopWrites.com.