Risk Management and Marketing
Global market conditions and increasing climate volatility contribute to increased risk for farmers. Educational programming and decision support software provide farmers with methods to evaluate market conditions, government programs, crop insurance, farm leasing arrangements, and how production systems impact risk exposure.
Participating in Advanced Grain Marketing will result in a better understanding market fundamentals, supply and demand balance sheets, risk management tools and market outlook information.
Farm operators and owners will understand how to use commodity marketing tools, crop insurance, and USDA commodity programs to manage risk and enhance profits.
The program participant will understand the nature of physical connections of the environment to the growth and development of crops and learn the skills needed to evaluate the impact weather conditions are exacting on crops locally and regionally. The participant will understand the concept of management of production and marketing risk according to probability associated with weather patterns and forecasts.
Participants learn the fundamentals of how market risk management tools work and how to use these tools to secure a profitable gross margin in a cattle finishing or hog finishing enterprise.
Agribusiness professionals will have current information about outlook conditions for farm commodities and other key topics of interest.
Farm operators, owners, and agribusiness professionals will make informed choices about options available under the Farm Bill.