Production agriculture is currently facing very challenging economic times. As market prices for many major commodities have decreased from their high levels of a few years ago, costs of many major production inputs used to produce agricultural commodities continue to rise.
Net farm income is likely projected to decline in 2016. Keeping farm operations economically viable during adverse market conditions requires producers to make well-informed farm management decisions in a wide variety of areas, including crop enterprise selection, production and marketing, as well as incorporating the right combination of supplemental revenue sources from a wide variety of farm commodity and conservation programs and credit sources.
This workshop will inform and educate agricultural lenders in the state on the various farm management decisions and risks that crop producers face today, the production and marketing alternatives available to them, farm program and conservation programs that can benefit their farming operation, as well as valuable information resources that can benefit and support well-informed crop production decisions.
Managing Agricultural Risk
Understanding Commodity Market Dynamics
Crop Enterprise Selection and Production Decisions
Farm Planning on an Annual, Short Run and Long Run Basis
Short Run and Long Run Farm Financial Health
Developing A Marketing Plan
Conservation and Planning Programs
The LSU AgCenter and the LSU College of Agriculture