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Archive: 2002 Farm Income

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2002 - A Workshop Addressing Decision-Making Challenges in a Risky Environment

Recent  farm income variability, the implementation of a new Farm Bill, an uncertain economic outlook, and continued competition in the world market provide significant challenges for  farm and farm-related business managers. The University of Illinois Extension and the Department of Agricultural and Consumer Economics will be conducting the  third annual Farm Income workshops in December 2002 to  address some of these challenges for the year ahead.

The workshops will include three general sessions – “Illinois Farm Income Situation, “Outlook for Commodity Prices”, and “Which America Will Produce Soybeans?” and four breakout sessions:

  • “ Making Sense of Farm Land Lease Options” will provide an overview of trends in farmland leases, issues associated with alternative leases, and an evaluation of lease alternatives. 
  • Agricultural Policy and Law: New Developments/Pressing Issues” will explore such issues as how to protect farmers from elevator failure; is there liability in growing genetically engineered crops, including root worm resistant corn;  and how the Farm Bill impacts Illinois agriculture. 
  • Making Sound Crop Insurance Decisions With a New Farm Bill” will present the concepts, tools, and guidelines necessary for making an informed decision on crop insurance. 
  • “Keys to Developing Successful Grain Marketing Programs” will address issues of assessing producer marketing performance and development of successful approaches to  marketing grain.

2002 Presentations

Illinois Farm Income Situation for 2002

Dale Lattz, Gary Schnitkey and Paul Ellinger
Department of ACE, University of Illinois

Outlook for Commodity Prices

Darrel Good
Department of ACE, University of Illinois

Which America Will Produce Soybeans?

Robert Hauser
Department of ACE, University of Illinois

Making Sense of Farm Land Lease Options

Dale Lattz, Gary Schnitkey and Bruce Sherrick
Department of ACE, University of Illinois

Agricultural Policy and Law: New Developments/Pressing Issues

Donald Uchtmann and Robert Hauser
Department of ACE, University of Illinois

Making Sound Crop Insurance Decisions

Gary Schnitkey, Bruce Sherrick and Scott Irwin
Department of ACE, University of Illinois

Keys to Successful Grain Marketing

Scott Irwin and Darrel Good
Department of ACE, University of Illinois

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