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Pro-Ag 2012 Outlook Forums slated

Nov. 6 forum planned in Spencer

October 19, 2012
Estherville Daily News

As harvest comes to a close, producers, ag lenders and suppliers turn their attention to planning ahead for the next production cycle.

Melissa O'Rourke, Farm & Agribusiness Management Specialist for Iowa State University Extension in northwest Iowa wants area ag professionals to know that help is on the way.

"ISU offers valuable opportunities for producers and ag business professionals to get updated information to help make decisions that need to be made during the post-harvest period," says O'Rourke.

Sheldon and Cherokee will be the locations for the "Pro-Ag 2012 Outlook" to be held on Nov. 2.

The program will be repeated on Nov. 6 in Le Mars and Spencer.

Times for both days are 9 a.m. at the first location and 1:15 p.m. at the second location.

"This gives interested professionals a choice of times and locations for the half-day program" O'Rourke states. "We want to give northwest Iowa ag producers and professionals every opportunity to get this valuable information."

The opening speaker will be Dr. Lee Schulz, ISU Livestock Marketing Analyst. Schulz will review the livestock situation, focusing on volatile beef and pork prices driven by demand and world economy factors, including exports, herd size and feed costs.

Dr. Schulz holds a Ph.D. in Agricultural Economics from Kansas State University as well as an M.S. degree in Agricultural Economics from Michigan State University.

Schulz specializes in livestock economics, agricultural marketing and risk management.

At the Sheldon and Cherokee forums, O'Rourke will present a brief outlook on the trends in farmland rental rates.

"I continue to get calls from both producers and owners with questions about cash rents and related land value trends," says O'Rourke. "I'll give a brief overview of what we are seeing and what we believe the trends will be for 2013."

At the Le Mars and Spencer forums on Nov. 6, ISU field agronomists Joel DeJong and Paul Kassel will provide a summary and outlook on agronomic issues that producers are facing for 2013 in light of the dry conditions in the current crop year.

At all four locations, the program features a keynote presentation by Dr. Chad Hart from the department of agricultural economics at Iowa State University. Although uncertainty abounds in the crop markets with questions about crop size and global demand, Dr. Hart projects that "2013 will be a profitable year for crop producers as prices are projected to remain above production costs." Hart will explore the factors shaping the markets and the keys to watch as farmers market their grain over the coming year.

Prior to joining the Department of Economics at Iowa State University, Chad Hart was the U.S. Policy and Insurance Analyst with the Food and Agricultural Policy Research Institute (FAPRI) and a Scientist with the Center for Agricultural and Rural Development (CARD) at Iowa State University. His projections and outlooks are sought after by agriculture professionals across Iowa and the nation.

The forums last 2 hours and the cost to attend at any of the four locations is $20 per person.

Advance registration is recommended by calling the ISU Extension office in either Sioux, Plymouth, Clay or Cherokee counties.



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