RJO has established a research service that provides a combination of reports, software and customized assistance that we believe is unique to the industry. In a marketplace that is bombarded with daily rehashing of market events, we strive to provide timely, value-added research targeted directly at the individual risk management needs of our commercial client base.

Customized Research
Our research group works closely with clients providing customized research aimed at adding value and reducing your information search costs. RJO's research group works closely with clients to solve hedging problems, examine relationships between cash prices and futures prices, and provide ongoing advice on risk management approaches.

Market Updates and Recaps
RJO provides concise, daily market updates for the agricultural markets. In addition, we produce a series of one-page "recaps" to provide clients with a time-saving reference in a consistent format. We also publish a number of more specialized weekly recaps focusing on several agricultural products. A sample of our recaps are available below.

	Spread recap	sample
	Implied volatility	sample
	World cash prices	sample

Weekly Fundamental Outlooks
Our fundamental analyst, Randy Mittelstaedt, publishes weekly outlooks for the wheat, feedgrain, and oilseed markets. Each weekly report focuses on an important fundamental factor affecting the respective markets. Randy also provides a thorough analysis of all USDA reports. A sample of Randy's weekly outlooks are available below.

	wheat	sample
	feedgrain	sample
	oilseed	sample
	USDA analysis	sample

PositionBook Software
Recognizing the increasing use of options by commercial hedgers, RJO has positioned itself to assist its clients with the development, execution and management of option strategies. PositionBook, RJO's proprietary position management software, combines a client's cash, futures and options position to assist in analyzing the risks and payoffs associated with various option strategies. PositionBook automatically creates the DDE links for the common quote vendors and can also import your daily RJO futures and options positions thereby negating the need for manual data entry.

Spread Analysis
For many of our commercial clients, spreads are as important as flat price when managing commodity price risk. RJO has developed an extensive history of spread relationships that is available to commercial grain clients. RJO's proprietary Spreadmaster(c) software package provides a comprehensive database of historical inter-market and inter-month spread relationships. In addition to these tools, RJO's Commercial Agri-Business Group works closely with its client base to interpret spreads as they apply to their hedging programs.

RJO Risk Management Series
RJO publishes a series of briefs dealing with various risk management topics pertinent to commercial grain clients. These articles will be aimed at enhancing both the understanding of risk management techniques, as well as their application to commercial hedging problems.