Crop marketing outlook event is Nov. 16


The Lee, Carroll, Ogle and Whiteside County Farm Bureaus along with COUNTRY Financial will host a crop marketing outlook on the evening of Nov. 16 at the Days Inn in Rock Falls. “Managing 2023 Crop Margins” is a two hour seminar designed specifically for producers to help them manage risk associated with the current commodity markets and identify market conditions to capture profit margins through this year into next.

Dr. Steve Johnson, Iowa State University Extension farm management specialist, will facilitate the program. Steve has served as the farm & ag business management specialist in Central Iowa for Iowa State University Extension and Outreach since 1999. 

He specializes in topics related to government farm programs, crop insurance, crop marketing, grain contracts, farmland leasing and other crop risk management strategies. In the past year, he has conducted more than 120 meetings, workshops, seminars and conferences across the Corn Belt with nearly 15,000 in attendance.

Steve uses web sites such as ISU Ag Decision Maker and Polk County Extension Farm Management along with various print and electronic media. Annually he reaches more than 200,000 producers, landowners and other agribusiness professionals.

During the two hour program producers will examine the following topics: Supply demand and crop price outlook, estimating crop costs, using your own budgets to derive breakeven and utilizing risk management tools.

This presentation will assist producers in designing and implementing a marketing plan that is specific to their own operation. It will present producers with various options they can effectively utilize to capture market profits, manage market risks in this volatile market, minimize cost increases and make informed decisions on input pricing, storage options and position their marketing plan for profit protection. Market, global and recent economic factors will be examined and producers will learn to identify where profit opportunities and pitfalls lie for their farm operations.                                                                                  

Pre-registration is required. To register for the program call 815-732-2231 or email [email protected]

Program begins at 7 p.m. on Nov. 16.

IAA

Farm bureau members across Illinois now have access to a new way of promoting agriculture and ag education. The IAA Credit Union, an Illinois Farm Bureau affiliate, has introduced the new Illinois Farm Bureau Visa card.

Members can now apply for the new Illinois Farm Bureau Visa card and show their support for ag education. Programs like the Ag In The Classroom will receive a direct support payment through the IAA Foundation each time you use your new Illinois Farm Bureau Visa card.

The card offers members no annual fee and no minimum finance charge. The new card offers competitive rates based upon credit approval and low transaction fees on cash advances.

Members should contact the Ogle County Farm Bureau for IAA Credit Union application for the new Illinois Farm Bureau Visa card or contact the IAA Credit Union at 1-800-676-2541.

Travel

We are excited to announce a new partnership and member discount program with TravelSherlock!

TravelSherlock allows members to compare hotel options around their chosen destination. The site also offers a group travel option, so keep that in mind and utilize that service for group needs you may have. Coming soon TravelSherlock will be adding cruises to their site, so stay tuned for updates on this fun addition!

Go to www.ILFB.TRAVELSHERLOCK.com and enter the code MEMBER.

Then start saving on your hotel travel needs!

“My cooking is so bad my kids thought Thanksgiving was to commemorate Pearl Harbor.” -Phyllis Diller

Ron Kern is the manager of the Ogle County Farm Bureau.

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