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.
Agenda
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
Speakers
- 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
Online Registration
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
