Risk management is critical in farming today as producers deal with the inherent uncertainties of agriculture. By adopting strategies that limit risks posed by unpredictable weather conditions, changing markets, or volatile geopolitical factors, producers can protect and grow their operation.
Each producer needs to examine their situation and the tools available to them before making risk management decisions. Luckily, an upcoming information session, The Dish at AgSmart, will equip farmers with the diverse tools and strategies they need to navigate the complexities of agricultural risk management. The Dish, hosted by Agriculture Financial Services (AFSC), takes place July 30 at AgSmart in Olds and will feature lunch and networking opportunities.
“This year’s session of The Dish will give young, new and existing producers an opportunity to really look at what risk management entails,” said Darryl Kay, AFSC’s chief executive officer. “Attendees will have an opportunity to learn from industry experts and gain insights into the evolving landscape of farming.”
The event kicks off at noon with a hot lunch provided by AFSC. Following lunch, AFSC Board Chair Kelly Smith-Fraser will open the program, followed by the Honourable RJ Sigurdson, Minister of Agriculture and Irrigation, who will share insights and highlight the importance of risk management and sustainable agricultural practices.
Keynote speakers Todd Ormann, vice president of Development at Olds College, and AJ Gill, director of Agriculture Risk Management Resources at MNP, will then take the stage. The pair will explore the changing face of agriculture, consumer preferences, and the role of technology and global trade in agriculture and analyze the implications of these themes on risk management in agriculture, examining various strategies and tools to mitigate risk effectively.
Following their presentations, a panel discussion will explore real life applications of risk management strategies and tools. Panelists include:
- Todd Ormann, vice president Development, Olds College of Agriculture & Technology
- AJ Gill, director, Agriculture Risk Management Resources, MNP
- Nathan Archer, grain farmer, Ruger Farms Ltd, Didsbury
- Craig Ference, producer, Double F Farms, Ference Land & Cattle Corp, Kirriemuir
The afternoon winds up with a Mix, Mingle and Snack session at 3:30 p.m. featuring beverages by Olds College and light snacks.
The Dish is sold out.
