A class on grain marketing will be held at the Lafayette County MU Extension in April. Click to hear KMZU’s Sarah Scott speak with Agricultural Business Specialist Whitney Wiegel:
The seminar is limited to women because they often serve as business partners and bookkeepers on family farms. The deadline to register is Wednesday, April 3rd. Reservations can be made by calling (660) 584-3658.
The sessions will be held the evenings of April 10th, 17th, and 24th. A flyer on the seminar is available here.
Press Release from the Lafayette County MU Extension
Over the past several years, prices for grain have been volatile. Given the importance of grain prices in determining farmers’ profits, price volatility makes farm marketing decisions especially difficult. Large, unexpected changes in grain prices play havoc in farmers’ marketing plans and increase the financial, mental, and emotional stresses of farming. Farm women are especially keen to the challenges of grain marketing and risk management as they typically serve as business partners and bookkeepers on many family-run grain farms.
In response to a growing interest and need for price risk management education among women farmers, University of Missouri Extension will offer a three-session short course on grain marketing at the Lafayette County Extension Center in Higginsville on April 10th, 17th, and 24th. This course, entitled Annie’s Project II, will teach farm women how to manage price risk using tools like forward contracts, futures and options contracts, alternative marketing contracts, and crop insurance. The overall goal of Annie’s Project II is to improve participants’ price risk management skills by enhancing their knowledge of marketing principles an drisk management tools. During each session of the course, participants will learn about marketing from Extension faculty and local experts from agricultural businesses. Course participants will also engage in activities and discussion that will enhance their ability to apply risk management strategies on their own farms.