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Farm Income Workshops Set |
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Source: Darrel Good, 217/333-4716; Author: Bob Sampson, 217/244-0225 Illinois agricultural producers will have the opportunity to learn more about decision-making challenges in a risky environment through a series of University of Illinois Extension workshops offered throughout the state between December 8 and 20. "Farm Income 2006: A Workshop Addressing Decision-Making Challenges in a Risky Environment" will be offered in Springfield, Rochelle, Moline, Urbana, and Mount Vernon. "This is a continuation of a series we've offered for the past few years," explained Darrel Good, University of Illinois Extension marketing specialist. "University of Illinois Extension specialists and faculty will lead sessions on things producers can do to increase their competitiveness in today's challenging environment." Each workshop begins at 8:30 a.m. and adjourns at 3:45 p.m. General sessions will cover Illinois farm income outlook for 2006, preparations for the new farm bill, and the implications of rising input costs for crop rotations and cash rent values. Breakout sessions include a hands-on computer session geared toward calculating production costs; financial planning and cash-flow budgeting for 2006, also using computers; the top 10 issues in agricultural law and taxation; and using technical analysis as part of a crop marketing program. Co-sponsors of the workshops include the University of Illinois Department of Agricultural and Consumer Economics, the Illinois Farm Business Farm Management Association, and the USDA Risk Management Agency. Dates and locations are:
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