Vice President, Education and Research, Commodity & Ingredient Hedging LLC.
Chip Whalen is vice president of Education and Research at CIH. Chip plays a critical role in the development of CIH’s educational programs, and lectures extensively both in their Chicago training center and around the country. With more than 15 years of teaching experience, he has broad knowledge of the commodities industry, and is the author of numerous articles frequently contributing to industry publications including National Hog Farmer. Chip is also the editor of CIH’s popular email newsletter, Margin Watch, a free publication which objectively analyzes forward profit margins of various agricultural industries including swine. He has been with the company since its inception, and has extensive experience assisting clients in the management of commodity price risk. Chip literally grew up in and around the Chicago Board of Trade, the son of a grain trader who was a member of the exchange. He holds a Bachelor’s of Business Administration from Loyola University, Chicago.
Commodity & Ingredient Hedging LLC.
Chip’s Recent activity
Sharp increase in cutout values corresponds with shortage of pork production and higher prices resulting from plant closures and processing restrictions.
While the demand for pork is obviously quite strong, pork demand and hog demand are not the same thing.