As the new year approaches, many people tend to re-evaluate their financial situation and decide if, or how, they need to make changes. This holds true for farm businesses, also. The University of Wisconsin-Madison Extension is hosting a series of webinars for farmers and agribusinesses to improve business profitability and lifestyles through informed decision-making.
Farm Management Fridays webinars are a part of Extension’s Farm Ready Research winter programming for farmers and ag professionals. There is no charge to participate in the sessions, but pre-registration is required to allow access to the session. Register online at go.wisc.edu/FarmReadyResearch.
“Farmers are still recovering and trying to move forward from the COVID-19 pandemic,” said Katie Wantoch, Extension Dunn County Agriculture Educator. “Whether it’s the volatility in dairy, crop or livestock prices, supply chain disruptions, or changes in land values, farmers are under stress and have a lot on their mind. The January session focus on financial aspect of farm management.”
January topics and presenters include:
Jan. 7, 2022: Farm-gate Economic Outlook. This webinar will focus on farm-scale economic outlook and actions for farms in 2022 with a panel discussion by Extension Farm Management Specialists Paul Mitchell, Ag and Applied Economics & Renk Agribusiness Institute, Mark Stephenson, UW Center for Dairy Profitability, Brenda Boetel, UW-River Falls.
Jan. 21, 2022: Farm Pulse Program, Make Sense of Financial Management. Long-term success for a farm business begins with a strong financial foundation. Kevin Bernhardt, Extension Farm Management Specialist and Katie Wantoch, Extension Educator, Dunn County will discuss the Farm Pulse Program, which provides a framework for informed decision-making; making sense of financial information, so you know where to start immediately.
Jan. 28, 2022: Don’t Gamble the Farm Away, Take Charge of Your Future Today! In this webinar, Kevin Bernhardt, Extension Farm Management Specialist and Katie Wantoch, Extension Educator, Dunn County will discuss how to define risk and risk management, manage risks, and self-analyze your own tolerance for risk. We will also highlight the process for developing a risk management plan for your farm business.
Learn the most up-to-date information on topics from dairy and livestock production to forage and farm management. Farm Ready Research webinars began in December 2021 and continue until May 2022.