The economic challenge facing South Dakota agriculture is lower margins. Margin reduction continues as commodity prices decrease and costs of production remain high. The key question is how to adjust operations with lower margins. What does a flexible cash rent look like? What is the commodity price outlook? What are the choices for cover crops? Where can I find cattle budgeting tools?
Speakers from SDSU Extension will explore farm management challenges, including commodity price outlooks, land values and rents, cover crop choices, cattle budgeting tools and commodity price risk strategies.
10:00 am – 10:30 am Registration and Coffee 10:30 am – 11:15 am Land Values and Rental Arrangements 11:20 am – 12:00 pm Grain Commodity Price Outlook and Hedge Strategies 12:00 pm – 1:00 pm Lunch 1:00 pm – 1:45 pm Cover Crop Choices and Management 1:45 pm – 2:00 pm Cattle Budget Tool Preview 2:00 pm – 2:45 pm Cattle Outlook and Price Risk Strategies 2:45 pm – 3:00 pm Wrap-Up
Jack Davis, SDSU Extension Crops Business Management Field Specialist
Matthew Diersen, Professor & SDSU Extension Risk/Business Management Specialist
Lisa Elliott, Assistant Professor & SDSU Extension Commodity Marketing Specialist
Heather Gessner, SDSU Extension Livestock Business Management Field Specialist
David Karki, SDSU Extension Agronomy Field Specialist
Matthew Elliott, SDSU Extension Agribusiness Specialist
The registration fee is $15 per person, and includes access to materials, break refreshments and lunch. For more information, contact Jack Davis or Heather Gessner