DACT Treasury Fair 2018
How does Cargill keep up its energy levels?
Effective risk management for multi-commodity exposures leads to better cash-flow forecasts and lower risks
At the DACT Treasury Fair 2018 KYOS will host a workshop together with Cargill. DACT (Dutch Association of Corporate Treasurers) will hold this annual event now for the 16th time. Apart from three rounds of workshops, participants can also visit product demonstrations and walk along the exhibitor’s stands.
Furthermore, a masterclass will be given by Jeroen Dijsselbloem. The former chairman of the Eurogroup and Dutch Minister of Finance will speak about topics such as the future of the EU in the light of the imminent Brexit and the new political dynamic of the European Union, and the emergence of cryptocurrencies.
Workshop KYOS and Cargill
Founded in 1865 by William Wallace Cargill in Minnesota, USA who owned a grain warehouse. More than 150 year later, Cargill still has its head quarters there but now employs over 155,000 employees in 70 countries offering a wide array of goods and services. The company’s activities include importing, trading and processing grains and oilseeds; manufacturing animal food, and creating ingredients such as sugar and cocoa for the food and beverage industry. Financial risk management of commodity exposures is of vital importance at this still family-owned business.
Tom Schurmans will provide insight into some of the daily activities at Cargill, particularly on energy costs and risks. Cargill uses the KYOS’ Commodity Portfolio & Risk Management System. Together with Richard Cornielje he will show how Cargill employs the KYOS system in practice to manage exposures, physical flows, financial derivatives and residual risks. In addition, Richard will give practical examples of how a commodity portfolio and risk management system is essential for clarifying risks and calculating potential distribution of cash-flows. Moreover, having a good understanding of your cash-flow risks is crucial. With these insights, Procurement and Treasury are then able to select and execute the optimal hedging strategy.
DACT at a glance:
- Speakers: Tom Schurmans, Sr. Group Specialist Energy Management, Cargill N.V., Richard Cornielje, Director Corporate Customers, KYOS B.V.
- DACT Treasury Fair
- Friday 16 November 2018
- Round 3 of the workshops – 12.00 – 12.45
Please note that this presentation will be in Dutch. We hope to see you!
For more information and tickets: Prgram DACT Treasury Fair 2018