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Farm News: Risk Management Meeting Coming Up

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Posted: 01.26.2011

 

Volatile markets for fertilizer, milk and grain make “risk management” a buzz word over coffee cups these days and finding a path through the confusing maze of commodity futures, hedging and crop input contracts can be daunting for the uninitiated.  “Making a profit on a farm today involves a whole lot more than just bringing the crop to the elevator,” said Doug Cropp, Grain Division Manager for Landmark Services Cooperative. “That is why we have expanded our traditional winter grain meetings to include agronomic, energy, milk marketing and finance sessions.  We wanted to offer our growers more information so they can stay profitable for the long-term.”

Landmark’s upcoming Farm Risk Management Workshops offer something for everyone. Headlining the morning sessions will be Mike North and Kevin Reisberg.  Mike North, a Senior Hedge Consultant for First Capitol Ag will start the workshops off with an overview of where world fertilizer, grain and energy prices have been and may be heading soon.  Following Mike, Kevin Reisburg of RJ O’Brien Commodity Brokerage will speak on the world of futures grain contracts and how to make them work in today’s volatile marketplace.

Following lunch, producers will have the opportunity to take part in break-out sessions that will allow a small group, hands-on approach to individual topics of their choosing.  Each break-out will last 30 minutes and producers will be able to choose 4 of 6 including:
  • Managing Your Grain Portfolio: A Guide to Today's Marketplace (Doug Cropp, speaker)
  • Agronomic Risk Management: Using Contracting and Precision Agronomy to Manage Input Costs (Scott Smith, Dan Moehn, Wendall Boehlje, speakers)
  • Farm Fuel Contracting: Watching the Energy Markets-How to Make the Right Decision at the Right Time (Mike Bandt, Stewart Anhalt, speakers)
  • Profit Profiler: Using Financing and Crop Insurance to Meet Year-Round Management Goals (Lynn Button, Gary Sellen speakers)
  • Making Risk Work For Dairies: A Roadmap to Today's Volatile Feed Industry (Dave Haberman, speaker)
  • Doing Business with Landmark: What We Can Do for You in Managing Risk (Jason Brancel, speaker)

A hot lunch will be served to all attendees.  Although the free event is open to all interested producers, seats are limited so those who plan to attend are encouraged to RSVP before February 4 to reserve a seat by calling 1-800-236-3276, extension 4249 or emailing heather.benson@landmark.coop.

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