Risk Assessed Marketing Workshops for Ag Producers Planned

Kansas State University will host two Risk Assessed Marketing Workshops to help agricultural producers navigate the uncertain business climate linked to volatile crop prices and the lack of a new Farm Bill. The workshops will be Nov. 20-21, 2013 in Manhattan and Feb. 26, 2014 in Scott City.

“The lack of a new Farm Bill leaves questions unanswered for those who operate the 2.2 million farms throughout the United States,” said Art Barnaby, agricultural economist with K-State Research and Extension. “Farmers have the risk of their Farm Service Agency safety net changing, and when we do have a new Farm Bill in place, it will likely include changes to crop insurance. The lack of certainty in the commodity programs, plus expanded bio-fuels and ethanol usage, combined with volatile crop prices is leaving many producers considering different methods for managing yield and price risk.”

The workshops are designed to introduce producers to an integrated marketing and production management approach that combines government programs, crop insurance and alternative marketing techniques. Among the topics addressed are: crop insurance, selling crop insurance-covered puts, futures, put and call options, forward contracts, marketing loans and basis contracts.

More information and online registration for the Nov. 20-21 workshop in Manhattan is available http://www.agmanager.info/events/RAM/2014/default.asp or by calling Rich Llewelyn at 785-532-1504 or rvl@ksu.edu.

More information and registration for the Feb. 26 workshop in Scott City is available by contacting John Beckman at 620-872-2930 or jbeckman@ksu.edu.

Story by: Mary Lou Peter mlpeter@ksu.edu

http://www.ksre.ksu.edu/news/story/RAM_workshops110413.aspx

Advertisements

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s

%d bloggers like this: