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Strategies Offered to Manage Feed, Market Price Risk
Posted 5 February 2009
LivestockAs Iowa's livestock industry tries to overcome the struggles of 2008, members of the Iowa State University Extension team are looking ahead to help cattle and hog producers establish risk management strategies.
 
The Iowa Beef Center and Iowa Pork Industry Center are partnering on an upcoming webcast on the topic, to be held Monday, Feb. 16, from 7-9 p.m.  
 
As part of their discussion on risk management for cattle and hog producers, the speakers will focus on feed costs risk, covering strategies for managing feed costs and the role of alternative feedstuffs. They will also discuss outlook for feed and livestock, and strategies for managing price risk using futures, options and insurance products.
 
Members of the Iowa State Extension team who will offer their expertise during the webcast include Chad Hart, grain economist; John Patience, swine nutritionist; Dan Loy, beef nutritionist; and John Lawrence, livestock economist.
 
Individuals can view the program locally at their county extension offices. Check with each office for program availability. There is no charge for attending the meeting but preregistration is required by Friday, Feb. 13. Extension office host sites will have further discussion and activities during the webcast.
 
Attendees can also choose to tune into the webcast live on Feb. 16 from their own homes by going to http://conect.extension.iastate.edu/outlook. A high speed internet connection is required. 

The webcast archive will also be made available shortly after the event on the Iowa Beef Center homepage: www.iowabeefcenter.org .
For more information on the upcoming webcast, contact your county extension office or Iowa Beef Center Director John Lawrence at 515-294-6290 or jdlaw@iastate.edu.


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