To increase their understanding of options on futures contracts and what options can do to increase profits, cotton producers in the Mid-South and Southeast are being invited to attend “Hedging with Cotton Options” — a continuing series of workshops hosted by Cotton Incorporated and the New York Board of Trade.

“Sessions within the workshops will cover the basics, as well as some of the more intermediate information related to cotton futures and options, specific hedging strategies involving the use of cotton options contracts, real world strategies and a cotton market outlook,” states Jeanne Reeves, director of Agricultural Research and ag division staff economist with Cotton Incorporated.

The first two workshops of 2006 will be held as follows: Thursday, Feb. 23, from 8 a.m. to 4 p.m. at Staplcotn's Headquarters in Greenwood, Miss., and Tuesday, Feb. 28, from 8 a.m. to 4:00 p.m. at the Gateway Convention Centre in Rocky Mount, N.C.

To learn more about either seminar, contact Reeves at (919) 678-2370 or jreeves@cottoninc.com or Tim Barry, New York Board of Trade, (212) 748-4096 or tbarry@nybot.com.