Cattle Production Risk Management Workshops Offered in Fall 2016

Nebraska Extension will be hosting cattle production risk management workshops at five locations during the fall of 2016.  Photo courtesy of Troy Walz.
Nebraska Extension will be hosting cattle production risk management workshops at five locations during the fall of 2016. Photo courtesy of Troy Walz.

By Jim Jansen, Nebraska Extension, and Jay Parsons, Department of Agricultural Economics

Nebraska Extension will be hosting cattle production risk management workshops at five locations during the fall of 2016. Join specialists and educators from the University of Nebraska-Lincoln as they present vital information on management strategies designed to reduce risk exposure associated with cattle marketing and forage production to achieve a profitable outcome in uncertain times. Topics covered during the workshop include determining your cost of production, marketing tools available to protect against price declines, and programs for protecting against weather related forage losses.

Specific marketing tools covered during the workshop include futures and options as well as Livestock Risk Protection (LRP) Insurance. Programs covered to guard against weather related losses for grazing land and annual forages include Pasture, Range, and Forage (PRF) and Annual Forage Insurance. Additionally, FSA disaster programs reviewed as part of the workshop will include the Livestock Forage Disaster Program and Livestock Indemnity Program.

MANAGING CATTLE AND FORAGE PRODUCTION RISK: PROTECTING PROFITS IN UNCERTAIN TIMES

Dates and times for these programs include:

Tuesday, September 20, 2016 from 5:30 pm to 8:30 pm
Note: this specific meeting will only cover marketing strategies in cattle production.
Agricultural Research and Development Center Auditorium
1071 Co Rd G, Mead, NE 68041
Contact: Steve Tonn at 402-426-9455

Monday, October 3, 2016 from 5:00 pm to 9:00 pm
Peppermill Restaurant
502 East Highway 20, Valentine, NE 69201
Contact: Jay Jenkins at 402-376-1850

Tuesday, October 4, 2016 from 5:00 pm to 9:00 pm
Prairie Winds Community Center
428 N Main St, Bridgeport, NE 69336
Contact: Aaron Berger at 308-235-3122

Tuesday, November 1, 2016 from 10:30 am to 2:30 pm
Nebraska Extension in Holt County Office
128 N. 6th Street, Suite 100, O'Neill, NE 68763-1616
Contact: Gary Stauffer at 402-336-2760

Wednesday, November 2, 2016 from 10:30 am to 2:30 pm
Nebraska Extension in Madison County Office
601 E. Benjamin Ave. Suite 105, Norfolk, NE 68701-0813
Contact: Madison County Extension at (402) 370-4040

These workshops do not have a cost for attending and a complementary meal will be provided, but registration is required prior to the day of the workshop to ensure meal count. Funding for this project is provided by the North Central Extension Risk Management Education Center, the USDA National Institute of Food and Agriculture under Award Number 2015-49200-24226.

For more information or to register for the meetings, please call the contact number listed.

Jim Jansen
Nebraska Extension
402-254-6821
jjansen4@unl.edu

Jay Parsons
Farm and Ranch Management Specialist
Department of Agricultural Economics
University of Nebraska–Lincoln
jparsons4@unl.edu