Presentation Transcript

1. Women Managing Cattle

   Bob Wells, Iowa State University (ISU) Extension and Outreach Field Agricultural Economist Annie’s Project: Capacity Building, Delivery, and Evaluation of Risk Management Education for Iowa Farm and Ranch Women: St. Paul MN (IA, MN, WI) is based upon work supported by USDA/FCIC Risk Management Agency under accounting number 12-IE-53102-029.
2. The mission of Annie's Project is to empower farm women to be better business partners through networks and by managing and organizing critical information. .
3. Annie’s Project is a national education program that teaches farm women how to manage risk: Production Risk Price or Market Risk Financial Risk Institutional and Legal Risk Human and Personal Risk
4. Women Managing Cattle gives farm women an opportunity to interact with others who face the same challenges in bringing cattle to market.
5. Women Managing Cattle provides education and support documents for: Costs of Production Marketing Alternatives Pasture Management Pasture Watering options
6. Women Managing Cattle covers: Financial Risk Price or Market Risk
7. Women Managing Cattle covers: Production Risk
8. Women Managing Cattle covers: Production Risk
9. No more than one-half the time is spent in lecture.
10. One-half the time is spent in discussion, question-and-answer period, or activity.
11. Meeting Structure for Women Managing Cattle Target class size is 15. Light meals to ease the rush and encourage fellowship Nine hours of education in three sessions Instructors are Field Agricultural Economist Beef Field Specialist Field Agricultural Engineer
12. Women Managing Cattle Financial Risk Outcomes Participants will be able to – Calculate their own break-even for their cow/calf operation on a dollars per hundred-weight basis Determine potential profitability in a given year Use tools to evaluate whether to sell at weaning, backgrounding, or finishing
13. Women Managing Cattle Price or Market Risk Outcomes Participants will be able to – Evaluate Livestock Risk Protection as an insurance tool for their operation Use basis estimates with current futures markets to anticipate prices
14. Women Managing Cattle Production Risk Outcomes Participants will be able to – Inventory their resources, e.g. pasture base, in order to manage them effectively Consider changes in supplementation strategies depending on weather and prices of alternative feedstuffs Learn about different types of watering systems that vary in price and complexity Understand that open feedlot runoff must be managed to comply with state environmental regulations
15. Women Managing Cattle Long-term Outcomes Increased confidence in decision making Become better farm managers and business partners Expand network of peers and professional service providers