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Farm Management Meeting Set for Feb. 1 in Fargo

Presentations will focus on farm finance, negotiating land rental arrangements, working with your banker and precision ag technology.

The Northwest Farm Managers Association will hold its 108th annual meeting for producers and others interested in agriculture on Feb. 1 at the Holiday Inn in Fargo.

Presentations will focus on providing information to help guide producers through the current challenges in agriculture. Topics include farm financial management, grain market outlook and strategies, negotiating land rental arrangements, working with your banker, how to make the most from investment in precision ag technology, and the interesting experiences of a local corn grower who is farming in Mozambique.

“Fine Tune Your Financial Management,” will be presented by Dale Nordquist, associate director of the Center for Farm Financial Management at the University of Minnesota. Nordquist has 30 years of experience teaching farm management and has been a principal in the development of FINPACK farm financial planning and analysis software.

The other speakers and their topics are:

  • Real-world flex rent strategies - Nick Horab, founder of Harvest Profit, Inc, whose mission is to help farmers make more profitable and less emotional farm-business decisions.
  • Turning your data into actionable information - Dan Hawkins of Farmers Business Network, has spent his career in precision agriculture and data management to help farmers make informed decisions and lower their cost of production.
  • Adding Mozambique to your rotation - 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 actively farming in Mozambique. Hardie will share his experiences and outlook for the region
  • Farmer/Lender Relationship: How to adjust for adversity - Greg Goodman, Chief Credit Officer, Choice Financial Group, will provide insight on how producers can effectively work with financial institutions.
  • The good, the bad and the ugly: 2017 market outlook - Randy Martinson, founder of Martinson Ag Risk Management, has over 20 years of experience in commodity marketing and risk management. He will provide the grain market outlook.

The meeting is open to the public. Registration begins at 8 a.m. and the meeting starts at 9. The fee for attending is $75, payable at the door. The fee includes a noon meal and breaks. For more information, call 701-231-7393.


NDSU Agriculture Communication – Jan. 17, 2017

Source:Andrew Swenson, 701-231-7379, andrew.swenson@ndsu.edu
Editor:Kelli Armbruster, 701-231-6136, kelli.armbruster@ndsu.edu
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