Seminars to examine cash grain marketing

by Teresa Acklin
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   WASHINGTON, D.C. — The U.S. National Grain and Feed Foundation will sponsor three seminars in early April that will examine how various cash grain marketing contracts and strategies can be used most effectively, with or without federal crop insurance to maximize market returns.

   The seminars will be from 9 a.m. to 3 p.m. April 7 in Indianapolis, Indiana; April 8 in St. Louis, Missouri; and April 9 in West Des Moines, Iowa.

   “Given current commodity price projections and the emphasis on federal crop insurance, this is an ideal time to provide objective information on cash grain contract alternatives and how they may or may not dovetail with crop insurance when formulating and executing sound marketing strategies that can be used by farmer-customers,” said Kendell W. Keith, secretary-treasurer of the N.G.F.F.

   Each seminar will feature a review of the performance of cash grain contracts, the pros and cons of risk-management and crop insurance strategies, and the ten most common marketing mistakes made by producers.

   The seminars are designed for country elevator managers; grain merchandisers; buyers of grain, oilseeds and feed ingredients; crop insurance agents; and government extension and education personnel.

   The N.G.F.F., which is the research and education arm of the National Grain and Feed Association, received a U.S.$232,800 grant from the U.S. Department of Agriculture to develop the seminars.

   For more information, telephone the N.G.F.F. at (202) 289-0873.