AMARILLO — A forum on “Delivering Risk Management to Wheat Producers” will be held at the Amarillo Botanical Gardens, 1400 Streit Dr. on Aug. 19-20.
The conference, sponsored by the Texas Agricultural Extension Service, is open to all financial lenders, insurance agents, elevator operators, marketing consultants and Extension Service educators in the wheat-producing areas of the High Plains in Texas, Oklahoma, Kansas, New Mexico and Colorado.
According to Dr. Ken Stokes, Extension Service economist in Dallas and organizer of the conference, a variety of relatively new risk management tools is available for the wheat producer.
“The objective of the August meeting is to assist the private sector in delivering their risk management products to wheat producers,” Stokes said.
Topics will cover pricing tools available through local elevators and marketing consultants, yield and revenue coverages provided by insurance agents and changes in the way credit is extended by lenders.
“It is essential that everyone assisting producers be familiar with these products,” said Dr. Steve Amosson, Extension Service management economist at the Texas A&M Research and Extension Center here.
“The conference will go a long way in getting key providers in sync for delivering the best service to the producer,” he said.
Also discussed will be the best roles of government and the private sector in risk management issues. According to Suzy Dittrich of the USDA Risk Management Agency, “it is going to take all of us working together.”
The registration cost is $30. The conference convenes at noon on Aug. 19 and adjourns by noon Aug. 20. For more information, call (972) 952-9229.
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For further information, contact the center at (915) 653-4576.