Registration and Continental Breakfast
Welcome and Introduction
8:30 – 9:45 a.m.
Agriculture in a Changing Environment
Dr. David Kohl, Professor Emeritus, Virginia Tech University
Economics has been turned upside down for many sectors of the agricultural industry. Strategic planners in the agribusiness industry must be aware of the global economic and emerging trends that will impact the financial health of their agribusinesses. What will be the duration of these economic cycles? This session will provide insight into factors and trends that one must consider in positioning the business to proactively capitalize on a changing landscape that has a surprise around every corner. This information will be up-to-date and practical for producers and small business owners who are lifelong learners attempting to gain the cutting edge.
10:00 – 10:50 a.m.
Traits of Top Managers
Dr. Steve Isaacs, University of Kentucky
When prices are high and yields are good almost everyone looks like a good manager. It’s in the tougher times when good managers shine. Over a 40 year career as a practitioner and professor of farm management Dr. Steve Isaacs has assembled a rather unscientific list of Ten Traits of Top Managers. This session will be a discussion of those ten traits and will be beneficial to managers at all stages of life and farm size.
11:00 – 11:50 a.m.
Using Marketing Risk Management Tools in Down Times
Mike Mock, Senior Risk Manager, Grain Group, The Andersons
As market prices become more volatile it is important for producers to understand the marketing tools that are available to help minimize downside risk and increase profits for the farm. Drawing from his 35 year career in the grain business, Mr. Mock will provide insight into the latest techniques used by producers to market their crop. These tools will be beneficial to producers especially in down markets.
12:00 – 12:50 p.m.
Agricultural Finance Luncheon (University Center Ballroom)
1:00 – 2:15 p.m.
Commodity Prices and Marketing Outlook: Major Trends Affecting Your Bottom Line
Richard Brock, President, Brock Associates
Continued uncertainty in the domestic and global economies associated with input costs, developing nation demand, and government policies are shaking up the commodity markets. Richard Brock’s straight-forward analysis will help get lenders and producers on the same page as they manage risk and make operational and financial decisions. Mr. Brock’s up-to-date analysis of corn, soybean, and cotton price trends will provide a basis for decision making in the coming year.
2:15 – 2:45 p.m.
Expert Panel Q&A and Adjourn
Dr. David M. Kohl, Professor Emeritus, Virginia Tech University
Mr. Richard Brock, Owner and President, Brock Associates
Dr. Steve Isaacs, Extension Professor, University of Kentucky
Dr. Freddie Barnard, Purdue University