The 2019 production year has been stressful for farmers nationwide. Producers are approaching several risk management decisions associated with the 2018 Farm Bill that will impact their operations for the next five years.
To get a better understanding, 19 students from a University of Arkansas-Monticello farm management class recently attended an informational 2018 Farm Bill Meeting was hosted by the Louisiana Farm Bureau and LSU AgCenter. UAM students attending the conference were Tucker Carter, Garrett Martin, Garrett Reynolds, Grant Smith and Ashley County; Thomas Coleman and Austin Thomas of Arkansas County; Tyler Garza, Mason George, Zac Yee and Chicot County; Ian Debord of Clay County; Lauren Derryberry Rex Henderson, Adam Montgomery and Sara Priest of Drew County; Aaron Frazier of Jefferson County; Gregory Phillips of Johnson County; Lee Hillis and Jennifer Kurz of Lonoke County; and GreySun Perry of Madison County.
Keynote speakers Matt Gwin, Louisiana USDA Farm Service Agency in Alexandria, and Dr. Mike Deliberto, LSU Farm Management/Ag Policy economist in Baton Rouge, reminded the crowd of nearly 55 attendees of the 2018 Farm Bill revenue and price risk features and the upcoming deadlines for enrollments.
Deliberto provided economic outcome comparisons under the alternative features and described online decision tools that currently exist or are forthcoming to assist producers with these decisions.
Dr. Robert Stark, who teaches the farm management class at UAM organized the trip.