Risk Adjusted Marketing workshops set for Torrington, Pine Bluffs
Producers will use a case study of a typical grain farm to put into practice what they learn about pre-harvest selling using marketing tools at University of Wyoming Extension workshops in Torrington and Pine Bluffs this March.
Risk Adjusted Marketing sessions are March 5 in the Platte Valley Bank conference room in Torrington, and March 6 at the Eastern Laramie County Outreach Center in Pine Bluffs. Information is available at www.uwyo.edu/ces under Coming Events on the left-hand side of the page.
"This program will help producers with limited experience trading futures to combine marketing and crop insurance for optimal risk management strategies," said John Hewlett, farm/ranch management specialist with UW Extension.
Speakers are Art Barnaby and Dan O'Brien, agricultural economics professors at Kansas State University, who conduct programs on financial planning, risk management, government commodity programs and crop insurance.
Participants will manage a grain farm as a case study. Type and level of crop insurance will be selected, whether or not to participate in Farm Service Agency programs, and then work through a typical grain marketing year. The case study will be limited to cash sales, forward contracts and/or puts.
Registration opens at 8:30 a.m. and sessions start at 9 a.m.; they will end with summary and questions at 4 p.m.
Cost is $10 and includes lunch and materials. Registration deadline is March 1. Attendees can pre-register by calling UW Extension educators Jeff Edwards in Torrington at 307-532-2436, firstname.lastname@example.org, or Kellie Chichester in Pine Bluffs at 307-721-2571, email@example.com.