Surviving the Risk: A look a crop budgets, communication, lease agreements and more.
With today’s escalating input costs, and volatile commodity markets it is increasingly important to reduce risk on the farm. The topics that will be addressed are crop budgets, communicating with landowners, lease agreements, new types of agreements such as flex leases and crop insurance. We will also share innovative lease contracts being used in the Mid-west. This topic will address the basic requirements of a lease contract from the owner and the operator’s viewpoint.
Cost: $20 for the workshop and includes a binder of materials and a meal.
– Friday, January 29th 9am – 12pm
To register contact 410-228-8800
RightRisk is an innovative risk research and education effort to help farmers understand and explore risk management decisions and evaluate the effects of those decisions. This program uses two years worth of decisions including crop insurance, grain marketing and crop rotations to assess risk strategies and evaluates their strategy’s success.
This is a hands-on learning experience. You will receive a scenario, information and then make choices depending on your risk. It is a very easy computer program that helps make the decisions and at the end of the scenario it calculates your levels of risk as well as potential profits and losses.
Cost: $10 per person and includes materials and meals.
– Thursday, January 14th 9am – 12pm
Somerset County Extension Office
To register contact 410-351-1350
– Tuesday, February 2nd 7-10am
Queen Anne’s Grain Marketing Meeting, Tilghman Terrace, Centreville MD
To register contact 410-758-0166
Grain Marketing for Women
Have you wondered where to get information about grain markets and what terms like options, futures and basis means? This workshop will introduce grain marketing basics with topics such as finding grain marketing information, crop budgeting and pricing tools. We will then use a hands on approach in writing and implementing a grain marketing plan.
Cost: $10 per person and includes dinner and materials
– Tuesday, January 12th 6pm – 9pm
Chesapeake College Higher Ed Center 110
To register contact 410-758-0166
Terrapin Couples Retreat: On the court and in the classroom
Come join us February 5 and 6 for a couple’s farm management retreat. We will begin with a Lady Terps basketball game at Comcast against Georgia Tech. We will dine in the alumni suite during the game that tips at 8:30 p.m. Couples will stay overnight in College Park. Classes will begin promptly at 9a.m. in Symons Hall. We will offer a selection of farm management classes from risk analysis, to budgeting, quick books, excel , various land leases, communication with the landlords and family, grain marketing, and conclude with lunch. There will also be a short campus tour after lunch before we adjourn.
– Friday and Saturday February 5th and 6th 2010
University of Maryland, College Park
Registration forms will be posted at www.mdgrainmarketing.umd.edu by November 20. This retreat will be limited to 20 couples. For more information contact 410-778-1661
Farm Management Classes for Women at Nine Sites in Maryland and Delaware
The University of Maryland and Delaware Cooperative Extension will conduct Annie’s Project during the winter of 2010 at nine sites. Annie’s Project focuses on the many aspects of farm management and is designed to empower women in overall farm decision making and to build local networks throughout the state. The target audience is farmwomen with a passion for business, agriculture and involvement in the farm operation. Topics for the sessions cover the five areas of Risk Management – Production, Marketing, Financial, Legal Risk, Human Resources. This course is open to anyone interested in farm management practices.
The course will be 8 sessions starting on Wednesday, January 27, 2010 6-9pm (Washington County dates differ) with classroom and computer lab work. Sites range from Western Maryland, Central Maryland, Southern Maryland and Delmarva. The cost of the entire course including meals and materials is $50. Please register by January 8th – space is limited. For more information visit the websitewww.anniesproject.umd.edu or call 410-758-0166. If you require special assistance to attend the classes please contact the site at least two weeks prior.