Farm management meeting set for Feb. 5

Farm Forum

The Northwest Farm Managers Association will hold its 105th annual meeting for producers and others interested in agriculture on Feb. 5 at the Holiday Inn in Fargo.

Presentations will focus on the grain market outlook and pricing strategies, farm transition planning, big-picture outlook for the agricultural industry, U.S. farm policy, managing your land base and the potential of African agriculture.

Dwight Aakre, North Dakota State University Extension Service farm management specialist, will provide an update on the status and provisions of the farm bill under discussion in Congress or provide comments and analysis if the legislation is passed by Feb. 5.

Bret Oelke, University of Minnesota Extension educator, will tackle the topic of “Defending Your Land Base.” Land probably is the No. 1 concern of crop producers. Oelke will discuss strategies for producer’s to hold onto land they’ve always rented and how much they can afford to pay to keep their land base intact.

Shannon Ferrell, Oklahoma State University assistant professor and attorney, will present “Transition Tools and Tough Talks: Succession Planning for the Family Farm.” According to Ferrell, the main challenges of succession planning are not legal but rather the willingness of producers and their legal professionals to confront the difficult questions inherent in transitioning their farms to the next generation. He will provide the tools to accomplish successful transition planning in an informative and humorous manner.

Wallie Hardie, North Dakota farmer and past president of the National Corn Growers Association, has undertaken a challenge to develop agriculture in east-central Africa. He and his son are farming actively in Mozambique and Tanzania. Hardie will share his experiences and outlook for the region.

Steve Neelly, CHS, will present “The Big Picture Outlook for the Ag Industry” to help participants better understand the future environment for inputs and production of world agriculture. He also will provide an update on the new CHS fertilizer plant at Spiritwood.

Michael Kvistad will provide a grain market outlook. Kvistad is an agribusiness consultant with more than 30 years of experience in the grain business, including director of grain marketing services for ADM, president of Benson-Quinn Commodities Inc. and manager of Harvest States Country Hedging.

The meeting is open to the public. Registration begins at 8 a.m. and the meeting at 9. The fee for attending is $50, payable at the door. The fee includes a noon meal and breaks. For more information, call (701) 231-7393.