Marketing and risk management : article
ELDON, Mo. – “Grow Your Farm” sessions for beginning farmers start Saturday, March 10, at the Eldon Career Center. University of Missouri Extension agricultural business specialist Patricia Barrett says the practical seminars and field days give attendees opportunities to learn and network.
KIRKSVILLE, Mo. – Beef producers can use a window of profitability to make their farm business more bulletproof.
COLUMBIA, Mo. – Prices paid in 2024 for dairy products should be similar to 2023, while net returns may be better, according to University of Missouri Extension economist Scott Brown.
Brown told attendees at the 2024 Missouri Dairy Expo that average weather and feed costs will be key factors for…
COLUMBIA, Mo. – One of the most important tools for livestock producers is a sharp No. 2 pencil.
COLUMBIA, Mo. – For two years, shoppers have seen how supply chain problems can shock the food system. Initially triggered by the pandemic, these problems have persisted due to labor shortages, transportation bottlenecks and now international conflict.
KIRKSVILLE, Mo. – Beef producers should approach 2023 with cautious optimism – matched with resolutions of good management and investment in infrastructure, says University of Missouri Extension agriculture business specialist Wesley Tucker.
COLUMBIA, Mo. – Growing supplies of meat and dairy products apply pressure on farm prices through 2017 into 2019. With big supplies, strong consumer demand brings good news for producers.The offsetting result can be prices near or above last year’s prices.
SEDALIA, Mo. – Escalating costs for hay and supplements has many cattle producers concerned, especially in the face of very poor pasture conditions and limited hay supplies in some areas of the state.
COLUMBIA, Mo. – It’s pretty simple math: Too little grass + too many cows = too little cash.
COLUMBIA, Mo. – The average Missourian eats 63 pounds of pork each year.
This is part of an MU Extension series to help row crop and livestock producers manage drought.COLUMBIA, Mo. – University of Missouri Extension agricultural economists recommend that you check with your crop insurance agent before cutting or grazing drought-damaged crops as relief forages.
COLUMBIA, Mo. – Chicken wings helped poultry farm prices take off this year. Wing prices ran at least 30 percent above year-ago levels since late May, say University of Missouri Extension economists.Thighs and legs also sold well above a year ago. Dark meat leads demand, say Scott Brown and Daniel…
COLUMBIA, Mo. – When feed prices go up, swine producers usually see profits go down. That’s not the case in 2021.This gives producers an opportunity to look at feeding to heavier weights despite higher feed costs, says University of Missouri Extension swine nutritionist Marcia Shannon.
COLUMBIA, Mo. – A newly released study shows that planting cover crops and reduced tillage could substantially lower the number of prevent plant (PPL) acres and subsequent federal crop insurance payments.
With cattle markets falling, livestock specialist Zac Erwin with MU Extension in Adair County discusses some feed options to hold cattle longer in this video on the Missouri Livestock Symposium Facebook page.
COLUMBIA, Mo. – A new milk price safety net for dairy producers is in place. To take part farmers must rush to their local USDA farm service center.Milk producers must sign up for the first time or re-enroll by June 1, say University of Missouri Extension dairy economists.
COLUMBIA, Mo. – Dairy farmers may need a plan to offset production costs as demand for milk products drops due to COVID-19, say dairy specialist Stacey Hamilton and veterinarian Scott Poock of University of Missouri Extension.
Dicamba can cause injury to off-target plants, leading to third-party injury claims that involve business liability insurance plans. Third-party injury is when the actions of one person affect another person.
COLUMBIA, Mo. – In dry weather with short pastures, Missouri cow-herd owners face tough culling decisions. One way to match cows’ needs to available grass is to sell cows.
GALENA, Mo. – Poor forage stands carried over from last year’s drought, lower hay yields, less fertilizer used and a drought again for 2023 have created major uncertainty in the Missouri beef industry.
COLUMBIA, Mo. – Extension agronomist talk was calm on the weekly teleconference. Few problems discussed on bugs, weeds, fungus or other pests. Then the weather hit the fan. Reports from across Missouri told of farmers’ concerns about lack of rain.
PURDY, Mo. – Twenty years ago, Charles Fletcher of Edgewood Dairy and Creamery attended a University of Missouri Extension grazing school. It would change the future of the family dairy operation.
COLUMBIA, Mo. – In celebration of National Farmers Market Week, Aug. 4-10, University of Missouri Extension has resources to help improve your local food systems awareness and polish your farmers market presence.
Learn about local food systems
COLUMBIA, Mo. – University of Missouri Extension invites lenders serving farmers and rural communities to “What Ag Lenders Need To Know in 2025.” The 44th annual seminar will be hosted in six locations across the state.
COLUMBIA, Mo. – Farm bill programs received fresh looks and reality checks during daylong discussions at a Missouri Farm Bill Summit, Oct. 18 at University of Missouri Bradford Farm.
BLUE SPRINGS, Mo. — Farm owners should periodically review the coverage limits on their liability insurance, says a University of Missouri Extension agriculture business specialist.
CARTHAGE, Mo. – Farmers and ranchers are increasingly turning to online sales to reach customers, especially with COVID-19 disrupting the operation of many farmers markets, restaurants and stores.
STOCKTON, Mo. – “Providing education to cattle producers in the areas of cattle feeding, grading and marketing helps them make management decisions to add value to their cattle operation,” says Patrick Davis, University of Missouri Extension livestock specialist.
POTOSI, Mo. – Beginning farmer and 25-year Army veteran Eric Work’s calendar is full of educational programs offered by University of Missouri Extension.
COLUMBIA, Mo. – This year, hog farmers dodged lower prices when they expanded sow herds and grew the second-largest pork supply since 2008.Prices stayed above expectation, say University of Missouri Extension economists. Growing exports and consumers’ love for bacon helped demand for growing supply.
COLUMBIA, Mo. – University of Missouri Extension has developed a free online platform to help beginning and established producers start or grow their agriculture ventures.
COLUMBIA, Mo. – Without regular policy checks, farm liability insurance might be like a hospital gown – not enough coverage where you need it most.
HANNIBAL, Mo. – University of Missouri Extension agribusiness specialist Karisha Devlin urged northeastern Missouri agriculture lenders to encourage written agreements between landowners and renters during a recent agricultural lender seminar at Fiddlestiks restaurant in Hannibal.
COLUMBIA, Mo. – “If you fail to plan, you are planning to fail.” Crop farmers should take this adage to heart when marketing their grain, advises University of Missouri Extension agricultural economist Martyn Foreman.
COLUMBIA, Mo. – Soggy fields, low soil temperatures and 16 cloudy days in May delayed soybean planting in Missouri.
COLUMBIA, Mo. – Farmers understand fertilizer prices fluctuate with time.
FORSYTH, Mo. – Selling beef directly from the farm to consumers gained significant popularity during the COVID-19 pandemic.
COLUMBIA, Mo. – Large government payments helped 2020 Missouri net farm income match or exceed the 2014 record of $3.4 billion, according to Abigail Meffert, senior research associate with the University of Missouri Food and Agricultural Policy Research Institute (FAPRI).
COLUMBIA, Mo. – Missouri farm income appears on pace for another record year, according to John Kruse, associate research and extension professor in agricultural and applied economics at the University of Missouri.
COLUMBIA, Mo. – Challenging weather has forced Missouri farmers to make difficult decisions on whether to replant crops because of sparse stands or delayed planting.
COLUMBIA, Mo. – Renters and property owners are negotiating new farmland leases in response to lower farm commodity prices, says University of Missouri Extension agriculture business specialist Joe Koenen.
COLUMBIA, Mo. – Drought throughout much of Missouri has renewed interest in how to price silage. An updated University of Missouri Extension publication looks at silage costs and revenues.
COLUMBIA, Mo. – As summer approaches, Missouri’s estimated 240 farmers markets are struggling with how they will comply with COVID-19-related restrictions. Regarded by many as vital and vibrant community hubs, farmers markets will need to rethink how to work with their vendors and still serve a…
COLUMBIA, Mo. – Farmers and crop advisers attending the University of Missouri Extension Crop Conference will hear what to expect in agriculture in 2025. Ben Brown, MU Extension specialist in risk management, will look at what lies ahead in crop markets, input costs and agricultural policy during…
COLUMBIA, Mo.–Is pasture insurance right for your farm? The answer could be yes, no or maybe.University of Missouri Extension recently launched an online tool that can help farmers decide if purchasing pasture, range and forage (PRF) insurance makes sense for their operation.
COLUMBIA, Mo. – University of Missouri Extension recently released an updated cost analyzer to help farmers estimate the breakeven price to justify harvesting corn as silage rather than grain.
COLUMBIA, Mo. – Warmer and drier weather is expected to help farmers make solid planting progress this week.
COLUMBIA, Mo. – A written plan to respond to disease outbreaks for your livestock operation is like insurance. You hope you never need it. You may never need it. But if there is an outbreak, the economic survival of your livestock operation might depend on having that plan.
Perhaps the best-known type of professional liability insurance is malpractice insurance carried by medical professionals. Professional liability insurance carried by other professionals, such as accountants and architects, is frequently called errors and omissions insurance.
STOCKTON, Mo. – “Record prices were seen at the southwest Missouri Show-Me-Select Replacement Heifer Program sale at Joplin Regional Stockyards on May 17,” says Patrick Davis, University of Missouri Extension livestock field specialist.
COLUMBIA, Mo. – This fall, the Missouri Agriculture, Food and Forestry Innovation Center (MAFFIC) is hosting five in-person events for value-added agricultural producers.
COLUMBIA, Mo. – Dry weather and short pastures have reduced forage supplies, prompting livestock producers to ponder “could have, would have, should have” scenarios, says University of Missouri Extension livestock specialist Eric Meusch.
COLUMBIA, Mo. – Livestock owners increasing their herds must grow demand for meat. Current herd size expands meat supplies and domestic meat consumption to record levels.With more supply, expect lower prices, University of Missouri economist Scott Brown told the Womack Agricultural Outlook…
Multi-peril crop insurance is overseen by the U.S. Department of Agriculture Risk Management Agencies. For row crop producers, the most common multi-peril crop policies purchased are revenue protection and yield protection.
COLUMBIA, Mo. – Higher production costs and lower commodity prices mean farmers must control costs more carefully than ever, says University of Missouri Extension agricultural economist Ray Massey.
COLUMBIA, Mo. – As winter feeding season continues with a forecast of Arctic weather in February, cow herd owners face dwindling hay supplies.Eric Bailey, University of Missouri beef nutritionist, gives the short answer: “Feed less, need less.”In practice, that takes management decisions and…
COLUMBIA, Mo. – With dry weather and short pastures, Missouri cow-herd owners face tough culling decisions. One way to match cows’ needs to available grass is to sell cows.
This is part of an MU Extension series to help row crop and livestock producers with drought.COLUMBIA, Mo. – With Missouri forage supplies in short supply due to drought, some livestock producers are looking at wheat straw as feedstuff, despite its poor nutrient quality.
COLUMBIA, Mo. – A new tool helps farmers decide the breakeven price for wheatlage compared to harvesting their wheat as grain.
COLUMBIA, Mo. – The yellow leaves on corn plants means one thing. Nitrogen fertilizer applied last fall or early this spring is gone. It washed deep into the soil, beyond reach of the young roots.