Crop farmers may be frustrated with the variability of commodity markets, prices of crop inputs, and practices affecting both crop yield and quality. The Farm Pulse: Crop Insurance & Grain Marketing hybrid course looks at assisting farmers with estimating their cost of production, evaluating crop insurance products, and reviewing grain marketing tools that best align with their farm’s grain marketing plan.
Course participants will be able to:
- Recall the economic fundamentals of agricultural production.
- Recognize risk comfort level and describe the risk tolerance level of your farm business.
- Identify types of insurance products available, and which are most relevant for your farm business.
- Identify components of a written marketing plan.
- Identify marketing tools available and when each tool might be used.
- Calculate your cost of production.
- Create written risk management, grain marketing, and crop insurance plans.
- Complete a review of previous or current crop insurance products.
- Illustrate your farm’s plan to execute an aspect of the written grain marketing and crop insurance plan.
Participants will follow a case farm throughout the series of 8 modules; completing hands-on, interactive risk management, crop insurance, and grain marketing activities.
Virtual and in-person meetings will be scheduled between January and March 2024 to review the course material, discuss with other participants, and apply the information to your farm.
After completing the course, participants will be able to transfer these skills from the case farm to their own farm businesses. Instructors will be available throughout the course to provide technical support and lead in-person meetings.
For more information on the Farm Pulse course, feel free to contact instructor Katie Wantoch at katie.wantoch@wisc.edu or 608-354-3992.
Go to https://go.wisc.edu/c885hp to find out more and to register!
For upcoming events and learning opportunities, see farms.extension.wisc.edu
This material was developed by the University of Wisconsin–Madison Division of Extension in cooperation with the U.S. Department of Agriculture and Wisconsin counties. This material is based upon work supported by USDA/NIFA under Award Number 2021-70027-34694.