Farm financial decision-making creates both angst and opportunities on every farm, especially in a year such as 2020 has been for area farms. The next webinar of the Farm Management Update Meeting virtual series has been designed to help farms and the professionals who work with them in these decision-making processes.
The University of Wisconsin-Madison Division of Extension is offering this webinar 1-2:30 p.m. Thursday. November 12 with a focus on end-of-year decision-making and grain marketing. Paul Mitchell, director of Renk Agribusiness Institute and professor in the UW-Madison Department of Agricultural and Applied Economics, will present analysis techniques and thinking points to help farms make sound end-of-year decisions. Although every farm’s situation is unique to them, there are analyses that should be conducted when making end of year purchase, tax management, and business investment decisions.
The last couple of months have seen a general increase in grain crop prices, leading many grain crop producers to wonder how they should approach grain marketing. John Heinberg, market adviser with Stewart-Peterson, will help producers understand the current grain market situation and how it affects their grain marketing decisions now and as we move into early 2021.
There is no registration fee, but preregistration is required by 5 p.m. Wednesday. November 11 Registration can be made online at https://go.wisc.edu/zrkak8. After submitting the online form, participants will receive further details on how to connect to the webinar.
People with questions about the program, or who want to talk more about these concepts but can’t join the program, can contact Scott Reuss, Marinette County Agriculture Agent, at 715-732-7510 or firstname.lastname@example.org.
This program is being sponsored by UW-Madison Division of Extension offices in Brown, Calumet, Door, Fond du Lac, Kewaunee, Manitowoc, Marinette, Oconto, Outagamie, Ozaukee, Shawano, Sheboygan, Washington, Waupaca, and Winnebago counties.