K-State Risk & Profit Conference set for Aug. 21-22

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MANHATTAN, Kan. – Kansas State University’s annual Risk & Profit Conference – this year themed, “Congress and Bulls and Bears, Oh My!” will be at the K-State Alumni Center in Manhattan Aug. 21-22.

The conference, which starts with registration at 10:30 a.m. and lunch at 11:30 a.m. on Aug. 21, includes two keynote speakers, livestock and grain market outlooks and 20 breakout sessions.

“We work to ensure that the topics we cover are relevant to what’s happening right now in agriculture – and with an eye toward the future,” said Rich Llewelyn, agricultural economist with K-State Research and Extension. “The livestock and grain market outlook sessions are always popular because they recap market conditions for livestock and crop producers but also convey what our specialists expect down the road.”

Scott Irwin, professor of agricultural economics at the University of Illinois, will give a keynote address, “Grain Markets and the RFS (Renewable Fuel Standards): All Eyes on the EPA.” 

Northwest Kansas farmer, Terry Kastens, who is a K-State emeritus professor of agricultural economics, will take center stage for “A Conversation with a Kansas Producer” after the Wednesday evening meal.

Conference participants will be able to attend eight of the 20 breakout sessions, which include:

- Kansas Land Values – How do Survey Values Compare with Transaction Prices? ;

- Kansas Rental Values – What Cash Rent Information is Right?;

- Pasture Lease Pricing: Comparing Methods;

- Basics of Futures and Options;

- USDA Crop and Livestock Reports: What, When, and Where?

- Ethanol and Biodiesel Impacts and Grain Markets in 2013-2014;

- U.S. Beef Demand: Recent Project Synthesis and Expert Views on the Next 10 Years;

- World Supply and Demand for Food: An Historical Perspective and Future Prospects;

- Risk Rating Kansas Farmer Cooperatives: An Application of the Moody’s Rating Methodology;

- Estate Planning Basics; and

- Economic Impacts of the Ogallala Aquifer Depletion in West-Central Kansas.

The fee for the full conference is $210 per person if paid by Aug. 15, and $230 after that date. The rate for a second person from the same farm or business is $190 for the full conference (by Aug. 15). The fee includes access to all sessions, four meals, a CD of all conference proceedings and parking.  

More information, including online registration, is available at www.agmanager.info/events/risk_profit/2013/default.asp. Information is also available by contacting   Llewelyn at rvl@k-state.edu or 785-532-1504.



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