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.
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Photo Credit: minnesota-corn-growers-association
Categories: Wisconsin, Business, Crops