"Where Fillmore County News Comes First"
Online Edition
Wednesday, June 19th, 2013
Volume ∞ Issue ∞
- 8:58:04, Jun 18th 2013 - cabraden1 - I salute you Colonel Overland. Your were my c.o. at Rockville Naval Air ... [Read More]
- 7:10:46, Jun 13th 2013 - chipperlee - Seems to be a well written article, except maybe Silica Sand is used in ... [Read More]
- 12:02:15, Jun 9th 2013 - getthefacts - The problem here lies in the fact that girls were repeatedly told "if y ... [Read More]
- 10:45:32, Jun 7th 2013 - Jo mom for 6yrs - Mr. Ehler hit the nail on the head. I agree with the religious con ... [Read More]
- 2:47:58, Jun 7th 2013 - hello - Hello, it's time you wake up. There isn't a community nearby that doesn't offe ... [Read More]
- 9:06:21, Jun 6th 2013 - hello - Hello, it's time you wake up. There isn't a community nearby that doesn't offe ... [Read More]
- 2:05:29, Jun 6th 2013 - Kim Wentworth - The number one rule in a debate: 1) if the person from the opposite si ... [Read More]
- 12:42:18, Jun 4th 2013 - EW - For someone that is always spouting religious rhetoric, you try to come off as a ... [Read More]
- 11:32:18, May 31st 2013 - JO PLAYER - This is unfair to us girls. Morrie Miller is not getting canceled but J ... [Read More]
- 8:25:34, May 29th 2013 - RP - Why is Mr. Ehler involving himself with non-school activities? Is he going after ... [Read More]
Livestock gross margin - dairy insurance
Fri, Aug 31st, 2012
Posted in All Agriculture
Posted in All Agriculture
Comments
Many dairy operators are expressing concern today about milk and feed prices and how they will plan ahead to maintain and strengthen their business positions. A common recommendation in risk management states that not only should one be protecting some milk price, but also protect some feed costs as well.
The USDA Risk Management Agency has been funded to open the Livestock Gross Margin-Dairy (LGM-D) insurance policy again after October 1, and it has from $20 -30 million more than last year with which it can operate, so hopefully it will be available for a longer time than last year. LGM-D offers the opportunity to protect both sides of the equation (milk and feed) with one insurance policy and in a fairly simple manner.
Unfortunately, many producers don’t fully understand the insurance, or are unfamiliar with how to purchase it if they do want it. University of Minnesota Extension and the Farm Business Management advisors in southeast Minnesota are hosting a webinar with Dr Brian Gould, University of Wisconsin, who has done extensive work preparing tools and educational materials to help people understand LGM.
The webinar will be Friday, September 14. It can be viewed individually at home or in your office, but much is often gained by interactive discussion with others so we will be hosting viewing sites and discussions at the Bank of Zumbrota, in Zumbrota and First National Bank, Plainview, for each the session. Webinars start at 10:30 am. There is no cost to participate in these programs.
For more information and receive a copy of the brochure contact:
Wayne Pike, 507-251-1937, wcpike@myclearwave.net; Tom Anderson, 507-259-6269, tom.anderson@riverland.edu; Jack LaValla, 507-951-9453, jack.lavalla@riverland.edu; Jennifer Smith, 507-323-0249, Jennifer.smith@riverland.edu; Rex Quam, 507-301-1140, rex.quam@riverland.edu; or Chuck Schwartau, 507-251-8903, cschwart@umn.edu.
The USDA Risk Management Agency has been funded to open the Livestock Gross Margin-Dairy (LGM-D) insurance policy again after October 1, and it has from $20 -30 million more than last year with which it can operate, so hopefully it will be available for a longer time than last year. LGM-D offers the opportunity to protect both sides of the equation (milk and feed) with one insurance policy and in a fairly simple manner.
Unfortunately, many producers don’t fully understand the insurance, or are unfamiliar with how to purchase it if they do want it. University of Minnesota Extension and the Farm Business Management advisors in southeast Minnesota are hosting a webinar with Dr Brian Gould, University of Wisconsin, who has done extensive work preparing tools and educational materials to help people understand LGM.
The webinar will be Friday, September 14. It can be viewed individually at home or in your office, but much is often gained by interactive discussion with others so we will be hosting viewing sites and discussions at the Bank of Zumbrota, in Zumbrota and First National Bank, Plainview, for each the session. Webinars start at 10:30 am. There is no cost to participate in these programs.
For more information and receive a copy of the brochure contact:
Wayne Pike, 507-251-1937, wcpike@myclearwave.net; Tom Anderson, 507-259-6269, tom.anderson@riverland.edu; Jack LaValla, 507-951-9453, jack.lavalla@riverland.edu; Jennifer Smith, 507-323-0249, Jennifer.smith@riverland.edu; Rex Quam, 507-301-1140, rex.quam@riverland.edu; or Chuck Schwartau, 507-251-8903, cschwart@umn.edu.
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