Seminar - Managing Margins in Market Downturns
Ron Durre, Farm Credit Mid-America; Pat Von Tersch, Professional Ag Marketing; Al Wulfekuhle, Iowa Pork Producer
10:30 AM -
Hyvee Hall, lower rooms, 105 & 106
The American pork industry raised a record-breaking amount of pork in 2016. As we begin 2017, the market is still riding that high wave of supply, which has tested the financial fortitude of many of our producers. This session offers several perspectives on how producers can manage their margins in this tough economic time. Ron Durre will talk about starting the courageous conversation with your lender going into another tough year. Pat Von Tersch will offer some risk management strategies to protect your margins, and Al Wulfekuhle will bring the producer perspective of cost-cutting strategies to stay afloat. The combined experience in the swine industry of this panel of speakers is sure to have an impact.