Risk Management

Economic Factors Impacting Meat, Dairy Product Prices Topic of Webinar

PULLMAN, Wash. – The economic risk factors that impact how much you’ll pay for steaks and ice cream for this summer’s barbecues is the topic for a free webinar titled “Buying Steaks for the Freezer or Speculating in Livestock Commodities: Research and Extension Programming on Livestock Risk Management” at 10 a.m., Wednesday, June 2, at […]

Live Web Series, Archive, Continue to Provide Resources to Address “Ag in Uncertain Times”

SPOKANE, Wash. – “Ag in Uncertain Times,” an interactive online webinar series for agricultural producers and other professionals, concludes with three live sessions in November and two “wrap-up” sessions in December. The free 90-minute sessions can be accessed by anyone with a computer, speakers, and a broadband Internet connection. The entire series is archived and […]

Satellite Broadcast to Explain New Crop Insurance

PULLMAN, Wash. — A newly approved insurance coverage offering income protection for most farm-raised crops, animals and animal products will be explained in detail in a 90-minute satellite broadcast produced by Washington State University (WSU) and the U.S. Department of Agriculture’s Risk Management Agency (RMA). Adjusted Gross Revenue-Lite (AGR-Lite), crop insurance will be the subject […]

New Farm Insurance Plan Available

SPOKANE, Wash. — Income protection with streamlined record keeping for most farm-raised crops, animals and animal products is available under newly approved insurance called Adjusted Gross Revenue Lite (AGR-Lite). AGR-Lite provides whole-farm revenue protection against low returns due to unavoidable natural disasters and market fluctuations that affect income from commodities produced during the insurance year, […]

Risk Management Education Workshops Slated for Orchardists

PULLMAN, Wash. — Helping Washington orchardists survive today’s highly stressful financial environment is the goal of a series of workshops that will be offered January – March by educators and federal agencies. Two-day workshops will be held in Yakima, Okanogan and Chelan to train families how to develop a plan for future success. “The goal […]

FARM & RANCH: Risk Isn’t a Dirty Word

Jonathan Newkirk says risk is a four-letter word, but it’s not a dirty one. Newkirk, WSU Cooperative Extension area economist, says many producers treat risk as if it is a dirty word, and that’s understandable. Farming always has been a high-risk business, and it’s getting riskier. Changing weather patterns, globalization of markets and several legislative […]

Marketing Workshops Scheduled in February

PULLMAN, Wash. — Advanced marketing workshops for wheat growers are scheduled in Ritzville, Pasco, Spokane and Coulee City in February. Brokers from leading brokerage firms in the Northwest will discuss strategies and tactics; market plan development; and real-life decision making, providing examples and applications. All sessions are scheduled from 9 a.m. to 3 p.m. The […]