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Date
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Time
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Location
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Farm Income 2001
A Workshop Addressing Challenges in Management, Finance,
Marketing, and Law
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December 12,
2000 |
8:30 am -
3:00 pm |
Holiday Inn Select
4191 W. US Hwy 36
Decatur, IL 62522
Phone: (217) 422-8800
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| December 14, 2000 |
8:30 am - 3:00 pm |
South Point CenterBest Inns
(formerly Holiday Inn)
1127 N 7th Street
Rochelle, IL 61068
Phone: (815) 562-5668
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| Description |
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An extended period of low commodity prices, the current rise in input costs,
new developments in biotechnology, and an uncertain economic outlook provide ample
challenges for the farm business manager and farm related businesses. The University
of Illinois Extension and the Department of Agricultural and Consumer Economics
will be conducting two workshops in December 2000 to address some of these challenges
for the year ahead.
The workshops will include four breakout sessions on topics in management,
finance, marketing, and law. The management workshop will focus on production
costs and their importance for enterprise selection, marketing decisions, and
profitability. The finance workshop will focus on methods and tools to identify
financial strengths and weaknesses and tools to aid in evaluating land and machinery
investments. The marketing workshop will focus on a 5 year evaluation of professional
marketing services and the implications for grain marketing plans. The session
in ag law will include a discussion of new developments, particularly in the area
of biotechnology.
PRESENTATIONS: |
8:30 a.m. Registration - Coffee and Rolls
9:00 Illinois
Farm Income Situation (PDF Document )
–
Dale Lattz, Paul Ellinger, and Gary Schnitkey
9:30 Outlook
for Commodity Prices (PDF Document)
–
Darrel Good
10:00 Breakout Sessions
Noon Lunch
12:45 p.m. Breakout Sessions Repeated
3:00 Adjourn
Participants may choose to attend two of the four Breakout Sessions
SESSION 1: Using Production Costs
and Break-Even Levels to Determine Income Possibilities
(PDF Document)
- Dale
Lattz and Gary Schnitkey
SESSION 2: Tools for Financial Decision
Making (PDF Document)
- Paul
Ellinger and Bruce Sherrick
SESSION 3: Grain Marketing – Are Farmers
Really That Bad? (PDF Document)
- Darrel
Good, Scott Irwin, Joao Martines
SESSION 4: Biotech and Other New Developments
in Agricultural Law (PDF Document)
- Donald
Uchtmann
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