Ag business workshops
The Colorado State University Cooperative Extension and Agriculture & Business Management Team are presenting workshops.
Workshop I: January 30 ” Limon (Tyme Square Meeting Room) Insurance as a Risk Management Tool: Speakers will address insurance as a risk management tool for livestock and crop producers. Specifically, Livestock Revenue Protection (LRP) and the new AGR-Lite insurance programs. Farm Bill Update: Participants will learn about new and ongoing discussions pertaining to the next “Farm Bill.”
Workshop II: February 15 ” Simla (Municipal Office Building) Surviving in Agriculture: Participants will discuss potential strategies for managing through a crisis. Focus will be on managing cash flow, cost controls, reducing liabilities, and fully utilizing assets. Participants will be able to develop management strategies using their own financial information.
Workshop III: March 7 ” Calhan (El Paso County Fairgrounds- Swink Building) Nich Marketing: Participants will learn about the planning, analysis, and resources needed to develop a market for specialized products or for a niche of consumers. Income Tax Issues: Speaker will address financial record keeping and income tax issues pertinent to owners of small scale (acreage or annual sales) agricultural operations.
Registration Fee is $40 per workshop or $80 for all three. Please make checks payable to: Extension Activity Fund. Registration deadlines are: Workshop I or all three ” Jan. 24; Workshop II only ” Feb. 8; Workshop III only ” March 1.
All workshops will go from 7 p.m. to 9 p.m. Bad weather cancellation policy: decisions will be made by noon on the day of the program. For more information please contact: Kipp Nye, Elbert County Extension Director, (303) 621-3162 or (719) 541-2361; Linda Yoder, Lincoln County Extension Director, (719) 743-2542; or Jonathan Vrabec, El Paso County Extension Agent (719) 636-8936
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The Agriculture Department’s Risk Management Agency on Tuesday announced that changes to its Livestock Risk Protection insurance plan will take effect on Jan. 20 for crop year 2021 and succeeding crop years.