Andrew M. Cuomo, Governor | Richard A. Ball, Commissioner
Jessica Ziehm

December 27, 2010

Workshops for Dairy Farmers to Combat Market Volatility

“Managing the Margin” Workshops to Give Producers an Edge in Buying and Selling

New York State Agriculture Commissioner Patrick Hooker today announced workshops in six locations that can help dairy farmers optimize their income while minimizing risk during times of uncertain and volatile milk and input prices.  “Managing the Margin” workshops will teach producers effective risk management strategies they can use to control price risks and improve their bottom line.

            “Given the increased volatility of the marketplace, understanding and managing margin risk has become increasingly important for producers,” the Commissioner said. “These workshops will enhance awareness of the market environment and provide producers with tools to identify breakeven prices, develop marketing plans and make other risk management decisions appropriate to their operation.  The goal of these educational sessions is to help dairy producers secure profitable margins.”

The objective of the workshop is to provide producers with concepts and tools to determine breakeven prices, marketing plans, and crop insurance decisions appropriate for their operations under various conditions.  Specific topics that will be discussed include margin risk, risk tolerance, breakeven analysis, crop insurance, and market volatility.  The “Managing the Margin” workshop was developed by and will be conducted by John Berry, a former dairy farmer who now works for Cooperative Extension in Pennsylvania. 

Register Now!  The six Department-sponsored workshops are all scheduled for January.  The program begins at 10:30 a.m. and runs until 3:00 p.m.  There is a $15 registration fee, which secures a spot at the workshop and lunch.  Space is limited, so early registration is recommended.

Monday, January 3 – Chazy
Miner Institute, 1034 Miner Farm Road, Chazy
RSVP to Sharon Garvey 518-962-4810 x 403

Wednesday, January 5 – Burrville
Farm Credit East, 25417 NY Route 12, Burrville
RSVP to Corey Hayes 315-788-8450

Thursday, January 6 – Oriskany
Cooperative Extension of Oneida County, 121 Second Street, Oriskany
RSVP to Marylynn Collins 315-736-3394 x 132

Friday, January 7 – Dryden
Dryden VFW, Route 13, Dryden
RSVP to Janice Degni 607-753-5215

Friday, January 14 – Middletown
Orange County CCE, 18 Seward Avenue, Suite 300, Middletown
RSVP to Cathy Hughes 845-344-1234

Friday, January 14 – Liberty
Sullivan County CCE, 64 Ferndale Loomis Road, Liberty
RSVP to Patricia A. Westenbroek 845-292-6180        

Each day-long program is coordinated by the New York State Department of Agriculture and Markets’ Crop Insurance Education Program and funded by the USDA Risk Management Agency.  For more information on the New York Crop Insurance Education Program, call 1-800-554-4501. 

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