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October 1, 2019
2019 Crop Insurance Workshop Presentations
Market Outlook for 2020
Kansas CropInsurance Workshop
Salina, Kansas
October … Anticipate
3) Production of “New Crop” MY 2019/20 Export Competitors
• … issues
4) 2019 U.S. Spring Wheat Crop Harvest Damage
• Wet …
August 14, 2015
Grain Marketing Presentations
wheat exports
2) U.S. & World Crop Uncertainty in 2016 (El Nino…??)
3 … Cash$
Hutchinson, Kansas Cash, FC & Insurance $’s, August 13, 2015
$6.30
$5.31 … uptrend
in End Stocks
“New Crop” MY 2015/16
End Stocks …
October 1, 2022
2022 Crop Insurance Workshop Presentations
ic Trends and Interest Rates
Crop Insurance Workshop
Brian C. Briggeman, PhDProfessor and Director
October 2022
So, are we in a recession?
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Real GDP Percent Change from Preceding Quarter
Source: Bureau of Economic Analysis and Wall Street Journal (WSJ) July 2022 Forecast Survey (Average)
WSJForecast(Oct)
After snapping back from the COVID‐19 Pandemic, the U.S. economy’s pace of growth has slowed and even contracted.
A leading indicator of the U.S. entering a recession tends to be an inverted yield curve.
Yield
(%)
Maturity
Normal Yield Curve
3 mo …
August 19, 2024
Ag Law Issues
copies of health and life insurance policies. Burial plot location … 3
that you own, stored crops, livestock and marketing … contracts. Also include copies of crop …
March 4, 2022
Recent Videos
reserved.
Objective: Buy cropinsurance to protect production risk … Price 75% of anticipated crop, based on APH yield (i.e … U.S. Drought Prospects & Crop Acreage…..
2) Grain Market …
August 1, 2017
Breakout Sessions
of irrigated
and dryland cropping systems, and associated cropland … government commodity programs, cropinsurance and public policy. In 2016 … several research projects on crop …
January 1, 2014
that would be available for crop or forage production
valued … at a rate of 6.5 percent. Insurance
Department of Agricultural … 17. Insurance and taxes on building & equipment …
June 28, 2018
KFMA Newsletters
No‐Tillage is a common conservation practice on many farms in Kansas and likely one of the first in‐field conservation
practices to be adopted by farmers. An intensification of this practice would be to move from using no‐tillage for a
specific crop to continuous no‐tillage … ge, where no‐till is used for all crops in a rotation. Adoption and intensification of
tillage practices is based on the perceived benefits and costs from the practice. This article examines the outcomes
resulting from using continuous no‐tillage practices by farmers in Kansas.
Papers …
April 6, 2018
KFMA Newsletters
There is much variability and risk in the agriculture industry. Price variability, weather and yield variability, international
trade issues, changes in technology, changes to the tax code having direct impact on marketing and entity planning
decisions, legal matters, financial management risks, and relationships between business partners and family members.
Farmers make decisions in an uncertain, risky, ever changing environment. How do you manage and make decisions in
the midst of the variability and risk that is before you?
Many of us first think of production and price risk when considering risk management. Production planning and
enterprise diversification of your operation, crop rotation, crop insurance, and hedging and forward contracting are
some of the strategies available as you consider management in these areas. What do you use as a guide in making
these decisions? Regardless of how you manage the finances on your farm, in a period of tight margins and cash flow
constraints, financial management decisions increase in importance for farm managers. There is tremendous variability
between farms, in their financial position and cost structure, and in decision‐making. This variability means there is
room for you to change your situation for the better. However, before you can improve you must know where you
stand. Having a solid set of records, and benchmarking with those records to identify strengths and weaknesses, is the
place to start in developing a risk management plan for your operation. This will allow you to focus your management
efforts and to base your decisions on your information, your resources and your circumstances. As a farm decision
maker, you need to know your cost structure and to explore the markets that are available to you. Don’t rely on what
someone else says it costs to produce the products you raise. Know your costs and use your costs as you make these
decisions. Proactively manage the financial aspects of your farm or ranch. Seek to know and understand your business
better than anyone else. The investment of your time into this process is very important as you seek to manage today’s
environment successfully. Please let us know if we can help you in this process…we would welcome the opportunity!
Kevin
Tax …
February 23, 2021
Farm Profitability
herbicides, interest,
labor, cropinsurance, cash rent, and other. Other … shown in a second graph. Cropinsurance was not
a specific KFMA …