Profitability and Better Management to be Explored at Top Farmer Conference

Profitability and Better Management to be Explored at Top Farmer Conference

Profitability-and-better-management-explored-at-Top-Farmer

The Purdue Top Farmer conference is this week and there is still space if you would like to register. Faculty and staff experts from the Purdue Center for Commercial Agriculture will present, and center director Jim Mintert says it will be worth the time and investment.

“I think as you think about trying to improve your operation for 2019, the idea is to attend a conference like this and take home one or two good ideas that maybe you can implement on your own farm.”

The Top Farmer conference has ample presentations that could fit in your operation, especially with a focus on farm profitability and becoming a better manager.

“We’re going to start off with some outlook information,” Mintert explained. “Dr. Jason Henderson, director of Purdue Extension and formerly with the Kansas City federal reserve bank for many years, is going to talk about where interest rates are headed and how that might affect U.S. agriculture. Brady Brewer, one of our newer faculty members, conducts a survey along with some colleagues of ag lenders, and he’s going to share some of those results about what they’re saying about farm financial conditions.”

The conference is Friday but there are two pre-conference sessions Thursday afternoon covering preparations to meet with your lender and improving crop marketing skills. Other Friday sessions include Indiana farm operators discussing technology use beyond precision applications that is helping them improve profitability, and Extension specialists Bob Nielsen, Shaun Casteel and Bill Johnson will share how to use technology to reduce the cost of production.

Farmer bottom lines are certainly tied to imports by trading partners, and with the focus on China this week, there will be a timely update.

“Wally Tyner who as actually studied our relationship with China, the impact of the tariffs both on the U.S. economy and to some extent the Chinese economy, and the renegotiated NAFTA agreement, is going to discuss those affects on U.S. ag and farmers’ well being in 2019,” Mintert told HAT. “So, that will be a session Friday morning that will be very interesting, and of course Wally will be up to date with respect to any new developments.”

The conference concludes with Eric Snodgrass, crop climatologist from the University of Illinois, discussing weather and climate impacts on crop production and what to look for in 2019.

The Purdue Top Farmer conference is Friday, January 11 at the Beck Agricultural Center, located at 4540 U.S. 52 West, West Lafayette. Pre-conference sessions will take place on Jan. 10.

Registration for the Conference (Jan. 11, only) is $150 or $50 for the pre-conference (Jan.10). For those wanting to attend both days, the center is offering a bundled discount of $175.

The conference is sponsored by Purdue University’s Center for Commercial Agriculture and Farm Credit Mid-America. For more information about the conference, contact Sarah Zahn at smithse@purdue.edu, 765-494-7004, or visit purdue.ag/topfarmer.

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