Futures & Options Hedging and Risk Management
About the Event
Black Silo is bringing Module 4 of Fryer’s Trading Academy to Vienna for a full-day workshop focused on futures and options hedging, position sizing and practical risk management in agricultural commodity markets.
The five-hour workshop takes the Module 4 material into live application, led by Dr. Rory Deverell. It will be followed by Black Silo’s grain and oilseed Market Outlook and an opportunity to exchange views with the team and other market professionals.
Participants can register for the workshop, the Market Outlook or both.
📅 Date: Thursday, 3 September 2026
🕙 Time: 10:00–18:00
📍 Location: Vienna, Austria — venue to be confirmed
Who Should Attend?
The workshop is designed for professionals working with physical grain and oilseed markets and agricultural commodity exposure, including:
• Traders and originators responsible for physical positions and hedge coverage
• Procurement and commercial teams managing raw-material exposure
• Market analysts supporting pricing and hedging decisions
• Finance and risk professionals assessing commodity exposure
• Fryer’s Trading Academy students applying Module 4 in person
You do not need to be enrolled in Fryer’s Trading Academy to attend the workshop.
Programme
10:00–15:00 — Futures & Options Hedging and Risk Management Workshop
Led by Dr. Rory Deverell
The workshop will take the principles covered in Module 4 of Fryer’s Trading Academy into a live, in-person setting.
Topics include:
• Hedging with futures
• Hedging with options
• Position sizing
• Connecting hedging decisions with physical exposure
• Practical commodity risk-management frameworks
The session is free for enrolled Academy students and open to non-course participants for €500.
15:30–17:00 — Grain and Oilseed Market Outlook
Led by Dr. Rory Deverell
Black Silo’s current view of the grain and oilseed markets, drawing on physical cash prices, market developments and the team’s experience across trading and risk management.
The Market Outlook is free for Fryers Reports clients and open to non-clients for €100.
Participants may attend the Market Outlook without joining the morning workshop.
17:00–18:00 — Networking
The day will close with informal discussion with the Black Silo team and fellow agricultural-market professionals.
Networking is included for registered participants at no additional charge.
About the Speaker
Dr. Rory Deverell
Founder of Black Silo and lead instructor at Fryer’s Trading Academy
Rory has more than 15 years of experience across agricultural commodity markets. He spent 12 years at StoneX as a futures and options broker and risk-management consultant, followed by two years in physical trading with R&H Hall.
For the past three years, he has written the Fryers Reports while building Black Silo. His PhD research examined biofuels, farm economics and land use, while his practical agricultural experience includes growing crops and developing risk-management plans on his family farm.
Pricing
Futures & Options Hedging Workshop
• Enrolled Fryer’s Trading Academy students: Free
• Non-course participants: €500
Market Outlook
• Fryers Reports clients: Free
• Non-clients: €100
Networking
• Included at no additional charge
You can register for the workshop, the Market Outlook or both.
About Fryer’s Trading Academy
Fryer’s Trading Academy is a practical agricultural commodity trading programme covering physical markets, cash trading, commodity analysis, futures, options and hedging.
The Academy connects the physical and financial sides of agricultural commodity trading through more than 23 hours of core course material, practical exercises, examinations and live sessions with Dr Rory Deverell.
Module 4 focuses on futures, options, hedging and commodity price-risk management.
About Black Silo
Black Silo is a grain and oilseed market intelligence platform and commodity risk-management provider.
First published in 2001, the Fryers Reports have become a daily reference for physical traders, procurement managers, processors, hedge funds and international trading houses.
Today, Black Silo serves more than 2,000 professional readers across 280+ companies globally.
Registration
Places are limited.
Select the workshop, the Market Outlook or both when completing your registration. For paid attendance, places are confirmed once the registration is done.