the changing role of risk in livestock production management n.
Download
Skip this Video
Loading SlideShow in 5 Seconds..
The Changing Role of Risk in Livestock Production Management PowerPoint Presentation
Download Presentation
The Changing Role of Risk in Livestock Production Management

Loading in 2 Seconds...

play fullscreen
1 / 10

The Changing Role of Risk in Livestock Production Management - PowerPoint PPT Presentation


  • 111 Views
  • Uploaded on

The Changing Role of Risk in Livestock Production Management. Conference Organizers. Extension Risk Management Education . Pre-conference Organizers: C. Wilson Gray Department of Agricultural Economics and Rural Sociology, University of Idaho

loader
I am the owner, or an agent authorized to act on behalf of the owner, of the copyrighted work described.
capcha
Download Presentation

PowerPoint Slideshow about 'The Changing Role of Risk in Livestock Production Management' - ketan


An Image/Link below is provided (as is) to download presentation

Download Policy: Content on the Website is provided to you AS IS for your information and personal use and may not be sold / licensed / shared on other websites without getting consent from its author.While downloading, if for some reason you are not able to download a presentation, the publisher may have deleted the file from their server.


- - - - - - - - - - - - - - - - - - - - - - - - - - E N D - - - - - - - - - - - - - - - - - - - - - - - - - -
Presentation Transcript
conference organizers
Conference Organizers

Extension Risk Management Education

Pre-conference Organizers:

C. Wilson Gray Department of Agricultural Economics and Rural Sociology,

University of Idaho

Kevin Klair Center for Farm Financial Management, University of Minnesota

Shannon Neibergs Western Center for Risk Management Education, School of Economic

Sciences, Washington State University

pre conference theme
Pre-Conference Theme

Risk has largely been transferred from crop production to livestock production

  • Energy Policy Act of 2005 and Energy Independence and Security Act of 2007 are responsible for establishing U.S. ethanol markets that have increased corn price trend and price volatility and increasing farm income.

www.ers.usda.gov/data-products/farm-income-and-wealth-statistics.aspx

www.lmic.info/tac/spreadsheets/spreadsheets.html

slide4

Livestock Marketing Information Center

Data Source: Iowa State University

slide5

Livestock Marketing Information Center

Data Source: USDA-AMS & USDA-NASS, Compiled & Analysis by LMIC

pre conference theme1
Pre-Conference Theme

Risk has largely been transferred from crop production to livestock production

  • Drought

We recall no time in our careers in which weather has been so important to both grain and livestock producers as it is this year.

Daily Livestock Report Steve Meyer & Len Steiner, March 15, 2013

pre conference theme2
Pre-Conference Theme

Risk has largely been transferred from crop production to livestock production

  • Producer effective crop insurance program.
federal crop insurance corp loss ratios
Federal Crop Insurance Corp Loss Ratios

Loss ratio > 1.0 means indemnity received > premium payment

slide9

1995 to 2011 Federal Crop Insurance Corp Loss Ratios

Schnitkey, Gary, Drought and Crop Insurance Loss Experience in 2012, Farmdoc Daily, March 19, 2013

pre conference format
Pre-Conference Format

Agenda

  • Brian Gould, Risk Management Facing Issues Facing Dairy Producers
  • Stan Bevers, Using QuickBooks for Livestock Accounting and Financial Analysis
  • Break
  • Dale Nordquist, Integrating QuickBooks into FINPACK
  • Shannon Neibergs, Risk Management Issues Facing Beef Cattle Production
  • Jeff Tranel, Pasture Range Forage Insurance Tools for Managing Drought

Introductions

Questions

  • Questions/comments are invited during the presentation