Crop Insurance, Farm Bill and More

Today’s farmers and ranchers not only have to be efficient with production practices, but also need to be well-informed with risk management and economics of their business. With that in mind, the Farmers and Ranchers College is offering the program, “Crop Insurance, Farm Bill Policy Update and More” at the Fillmore County Fairgrounds in Geneva, NE on February 23^rd. This workshop will start at 10:00 a.m. with registration at 9:45 and will wrap up at 3:00 p.m. Due to the generous contributions of many businesses and organizations, the program is free; registration is preferred for an accurate meal county by February 16^th. Call the Fillmore County Extension office at (402)759-3712 or email Brandy at brandy.vandewalle@unl.edu to register.

Speakers for the program will be Steve Johnson who has served as the Farm & Ag Business Management Specialist in Central Iowa for Iowa State University Extension and Outreach since 1999.  He specializes in topics related to government farm programs, crop insurance, crop marketing, grain contracts, farmland leasing and other crop risk management strategies. Annually Steve conducts more than 100 meetings, workshops, seminars and conferences across the Corn Belt with over 10,000 in attendance. Steve uses web sites such as ISU Ag Decision Maker and Polk County Extension Farm Management along with various print and electronic media. He will highlight 2017 crop supply/demand & cash price outlook, discuss 2018 crop cost estimates, planted acreage & weather outlook, highlight seasonal trends for new crop futures, learn to use a variety of marketing strategies & tools and develop & implement new crop marketing plans.

Brad Lubben, a Nebraska Extension Policy Specialist with Nebraska Extension since 2005, also teaches agricultural economics courses on campus and is the Director for the North Central Extension Risk Management Education Center. His integrated research, extension and teaching interests include agricultural policy, trade policy, food policy, conservation and environmental policy and public policy.  A native Nebraskan, Lubben is dedicated to the producers and students he serves. Brad’s presentation will focus on how the current ARC and PLC program has provided substantial but declining support for Nebraska producers. He will discuss the new farm bill due to be written in 2018, but will need to reconcile several issues and budget challenges to get done on time, whether a new farm bill is completed or current legislation is extended, producers can expect a new ARC vs. PLC decision in 2019 under very different market conditions and finally how producers will also need to follow a number of other policy issues under debate in DC and beyond.

Austin Duerfeldt specializes in farm accounting, financial analysis, and taxation.  As the Southeast Regional Ag Economist, he provides educational training on grain marketing, cash rent, land valuation, financial analysis, taxes, and negotiations. He will talk about the 2017 Tax Cuts and Jobs Act (Farm Edition) in regards to S199A, depreciation, COOPs and other important factors that impact farmers and ranchers.

Ryne Norton, Fillmore County Farm Service Agency director will provide local FSA updates and Brandy VanDeWalle, Nebraska Extension Educator will talk about farm financial success and ways to cope during difficult times in addition to sharing resources for handling stress in challenging times.