Kansas State University is hosting Risk-Assessed Marketing of Grains workshops in three locations around the state in late February and early March.
The K-State instructors for the workshops are Art Barnaby, K-State Research and Extension farm management specialist; Dan O´Brien, Extension agricultural economist for northwest Kansas; and Mike Woolverton, Extension grain marketing specialist.
Each workshop begins with registration at 8:30 a.m. and the program at 8:45 a.m. The workshop locations and contacts for further information are:
- Feb. 26 - McPherson - Cedars Conference Center, 1021 Cedars Drive - 620-241-1523 or firstname.lastname@example.org.
- Feb. 27 - Colwich - Andale Coop Office, 143 N. Colorado - 316-796- 1314 or email@example.com .
- March 4 - Dighton - Lane County Fairgrounds - 800-460-9079.
Attendees´ registering in advance by calling or e-mailing the location that is most convenient for them will help ensure adequate materials and lunches are on-hand.
Topics to be covered at each workshop include: 1) Introduction to Marketing Basis, Including Forward Contracts, Options and Futures; 2) Ethanol Production and the Grain Markets; 3) Risk-Assessed Marketing (RAM) Combines Marketing Tools, Commodity Program Payments, and Crop Insurance; 4) Introduction to a Case Farm; 5) Evaluating CAT, MPCI- APH, CRC, RA, GRP, GRIP, and Private Hail Insurance Alternatives for the Case Farm; and 5) Evaluating Price Risk Management Strategies for the Case Farm.