"With the addition of this new branch office we have expanded our team of highly experienced professionals specializing in commodities, risk management, and quantitative research...”
Chicago, IL (PRWEB) April 19, 2016
The PRICE Futures Group today announced the opening of a new branch office in Oakland, California, headed by risk management specialists from McKeany-Flavell, premier counsel to the Food & Beverage industry. Susanna Jung, CEO, and Ron Mark, President, announced the appointment. The PRICE Futures Group, originally founded in 1988 by Walter T. Price III as an agricultural hedging firm dealing in livestock and grains, continues to proliferate its focus on commodity hedging, risk management, and quantitative/qualitative research to exceed the needs of its clientele.
Nicole Thomas leads the new office as branch manager, along with representation by Michael Caughlan, Kevin Combs, and Paul Kortenkamp. Their team brings to The PRICE Futures Group formidable knowledge of hedging and risk management strategies specific to users and producers of sweeteners, cocoa, edible oils, nutmeats, fruit & fruit concentrates, and other commodities.
“The addition of the team from McKeany-Flavell, through their participation as associated persons of The PRICE Futures Group, allows us to offer unprecedented commodity market expertise in sugar, corn sweeteners, cocoa and chocolate, fruit and fruit concentrates, edible oils, nutmeats, molasses, and other ingredients. Their commercial intelligence helps our clients position themselves confidently in these markets with hedging strategies for a sustainable competitive advantage.” said President Ron Mark.
The mission at The PRICE Futures Group is to change how farmers, food producers, food processors, feed manufacturers, merchandisers, elevators, importers, exporters, and corporate treasurers view risk management. “With the addition of this new branch office we have expanded our team of highly experienced professionals specializing in commodities, risk management, and quantitative research”, said Mr. Mark. “We have deep experience in designing custom hedging strategies for various agricultural, manufacturing, energy, and food/beverage companies with market sensitive risk.”
About the PRICE Futures Group
The PRICE Futures Group is a full-service independent introducing broker. The firm was founded in 1988 Walter Thomas Price III, professional trader and agricultural hedger. Mr. Price is originally from Amarillo, Texas, where he was a cattle ranch and feedlot owner. The origins of the firm stem from hedging livestock and grains in the futures markets for a handful of cattle ranchers and farmers. The firm today provides an array of full service brokerage, trading, asset management, hedging & risk management, and financial consulting services to clients throughout the world. The PRICE Futures Group is a part of Price Holdings Inc., an employee-owned company.
From their roots as a West Coast-based sugar brokerage company in 1948, their expertise has expanded from sweeteners to include a full spectrum of commodity ingredients, including edible oils, cocoa, chocolate, nutmeats, and fruit juice concentrate. They pride themselves on finding the ideal match between ingredient suppliers and customers and achieving fair deals for all parties. After more than six decades in the food and beverage industry, they know the players and the game. Their market intelligence—in the form of consultation, reports, and presentations—gives their clients the edge in forecasting market direction and ingredient trends and pricing. All their experience and effort come together into one vision and goal: to provide the premier counsel to the food and beverage industries in their selling or purchasing of commodity ingredients.