Free preview
Corporate Finance Institute
Commodities Fundamentals

Overview

Commodities Fundamentals Overview

This course provides an in-depth overview of commodities trading in capital markets. We will introduce the key features of commodities and go over the major commodity categories with their key drivers. Then we will explore how commodities are traded in the derivatives markets using futures and options. We will demonstrate common commodity trading strategies such as hedging, cash and carry arbitrage trading, and monthly rollover. Finally, we will discuss commodity spread trading strategies such as intramarket spreads, intermarket spreads, and strips.

Commodities Fundamentals Learning Objectives

By the end of this course, you will be able to:
  • Define commodities and their key features
  • Identify the major commodity categories
  • Discuss the drivers of the commodities in different categories
  • Undertake commodity trading strategies using futures and options
  • Explain commodity spreads and common spread trading strategies

Who should take this course?

This introductory commodities course is perfect for students interested in commodities derivatives and trading strategies. This course provides a comprehensive overview of commodities. It is designed to equip anyone who desires to begin a career in investment banking, sales, trading, treasury, or other areas of finance that require an understanding of commodities.

Commodities Fundamentals

Scott Powell
Led by Scott Powell
Get Started

Level 3

Approx 3h to complete

100% online and self-paced

Get Recognized With CFI

See All Certification Programs

What you'll learn

Lesson
Multimedia
Exams
Files
Commodities Overview
Course Introduction Free Preview
Learning Objectives Free Preview
Downloadable Files
What Is a Commodity Free Preview
What Makes Commodities Tradeable Free Preview
How Are Commodities Traded
Who Trades Commodities and Why
Exchange-Traded vs. Over-The-Counter
Interactive Exercise 1
Major Commodity Categories
Grains and Oilseeds
Main Drivers of Grains and Oilseeds
Soft Commodities (Softs)
Livestock
Interactive Exercises 2
Energy - Crude Oil and Gasoline
Energy - Natural Gas and Electricity
Interactive Exercise 3
Metals - Base and Gold
Metals - Silver, Platinum, and Palladium
Differences Between Commodities
Interactive Exercise 4
Midway Check-in
Commodity Trading Strategies
Commodity Futures Contract
Commodity Futures Contract Refinitiv Example
Commodity Futures Available Contracts Refinitiv Example
Using Futures to Hedge
Interactive Exercise 5
The Relationship Between Commodity Spot and Futures Prices
Cash and Carry Arbitrage
Cash and Carry Arbitrage Case Study
Monthly Rolls
Interactive Exercise 6
Commodity Options Contracts
Value on Expiration Date
In-the-Money At-the-Money Out-of-the-Money
Interactive Exercise 7
Options Case Study - Part 1
Options Case Study - Part 2
Options Case Study - Part 2 Summary
Commodities Spread Trading
Commodity Spread Trading Overview
Intramarket Spread
Intermarket Spread - Crush Spread
Crush Spread Example
Intermarket Spread - Energy Spread
Crack Spread Example
Intermarket Spread - Metals
Futures Strip Trades
Interactive Exercise 8
Course Summary
Download Case Study Solutions
Course Summary
Qualified Assessment
Qualified Assessment

This Course is Part of the Following Programs

Why stop here? Expand your skills and show your expertise with the professional certifications, specializations, and CPE credits you’re already on your way to earning.

All Capital Markets & Securities Analyst (CMSA)® Courses
Commodities Fundamentals is part of the Capital Markets & Securities Analyst (CMSA)® certification, which includes 41 courses.
  • Skills Learned Trading strategies used in the finance and capital markets
  • Career Prep Work in capital markets, whether on the buy-side or the sell-side
Learn More
Financial Planning & Wealth Management (FPWM)™ Certification
Commodities Fundamentals is part of the Financial Planning & Wealth Management (FPWM)™ certification, which includes 26 courses.
  • Skills Learned Financial Learning, Business Development, Investment Management, Practice Management, Relationship Management
  • Career Prep Financial Planner, Investment Advisor, Portfolio Manager
Learn More

What our students say

I always enjoy CFI Courses
CFI Courses are always very practical. I learn a new skill with each one I complete.

DEVRHOID DAVIS


I highly recommend it, it is a very sophisticated, clear, detailed course. Thank you very much for that. This course will provide you with interesting information in addition, which can be useful to a person in general education as well.

Dielo Giorgadze

Fun and Engaging
Informative, fun and engaging.

Tharindu Nalaka

Commodity Fundamentals Course is a good step to understand more about Commodity Application in Real world as an analyst
Love it. Happy to continue my learning progress on CMSA

Arvin winatha

See more

Frequently asked questions

What are the requirements to take the courses?
All of our certification programs are open to students and professionals in various industries and levels of experience. Our curriculum is designed to teach what you need to know from basic fundamentals to advanced practical case studies. To take the courses and complete the exercises, students will only need access to a PC and/or Mac, Microsoft Suite (2016 or newer), and a stable internet connection. Click here to view the Technical Requirements
Can I download the Excel files and financial modeling templates for the course?
Absolutely! All the files and templates needed in a course are available for download. Just look for a module that shows Downloadable Files within the course dashboard. See here for a visual guide on how to do this.
How long do I have to complete the courses?
You will have yearly access to the courses as long as you maintain an active subscription. All the courses are self-paced as well so you can take your time in learning without worrying about any deadlines. Click here to compare our available enrollment options.
Are CFI courses officially accredited?
Yes, CFI is accredited by the Better Business Bureau® (BBB) to maintain training standards, the CPA Institutions in Canada, and the National Association of State Boards of Accountancy (NASBA) in the USA. Most of our courses qualify for verified CPE credits for CPA charter holders. Please refer to this page to view all available CPE credits.
Are there any additional fees or costs?
None! The bundle price includes everything and there are no additional fees or charges to earn your digital certification. You can see our enrollment fees listed here.
What currency are your courses priced in?
All our online courses are priced in USD. As this is a recurring payment, we accept all major credit and debit cards including Visa, MasterCard, and American Express.
How do I earn my certificates?
Students must complete all the video lessons, quizzes, and final assessments in each course. You can retake the assessments as many times as necessary until you reach an 80% passing grade. For more information on how to earn a course certificate, click HERE.
How are the exams conducted?
Students are required to complete an online assessment (Multiple choice questions, Fill-in-the-Blanks, and Excel Questions) at the end of each course. You can take the exams on your own schedule and will need to earn at least 80% to pass the course and earn your certificate of course completion. Please note that course exams can be repeated as many times as you need. Students are also required to complete the FMVA® final exam to earn their certification. How to Take a Qualified Assessment
Can I email the instructor if I have questions?
While the courses are designed mainly for self-study, we are happy to provide email assistance for general or technical support inquiries. The Full Immersion bundles include a premium email support function that allows you to communicate directly with in-house experts regarding course content. This is one of the key features that sets the Full Immersion bundle apart and makes it a worthwhile upgrade over the more affordable self-study bundle. You can compare more features in our bundles here.
Will these courses help me advance my career?
Based on hundreds of reviews from thousands of students we know how CFI courses have helped so many people advance their finance careers. Our courses are designed to be extremely practical and simulate the experience of being trained as a professional financial analyst…the ultimate way to advance your career. For real-world examples and to help delve even deeper into the course concepts, please look into our free career resources library.
More Questions?
You can view more detailed information through our Help Center or Email us and we'll be happy to answer any of your questions

Get certified for Capital Markets (CMSA)®

Access with Subscription Learn more
Corporate Finance Institute
Back to Website
0 search results for ‘’
People also search for: excel Free accounting Balance sheet ESG wacc DCF