Risk Assessed Marketing Workshops for Ag Producers Planned
MANHATTAN, Kan. – 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 at Risk Assessed Marketing Workshops or by calling Rich Llewelyn at 785-532-1504 or firstname.lastname@example.org.
More information and registration for the Feb. 26 workshop in Scott City is available by contacting John Beckman at 620-872-2930 or email@example.com.
K-State Research and Extension is a short name for the Kansas State University Agricultural Experiment Station and Cooperative Extension Service, a program designed to generate and distribute useful knowledge for the well-being of Kansans. Supported by county, state, federal and private funds, the program has county Extension offices, experiment fields, area Extension offices and regional research centers statewide. Its headquarters is on the K-State campus, Manhattan.
Story by: Mary Lou Petermlpeter@ksu.eduK-State Research & Extension News