Financial Education for Dairy Producers offered Aug. 16 in Orange City

Iowa State University (ISU) Extension and Outreach will host “Who Wants to Be a Millionaire? Dairy Edition,” a class geared towards helping dairy producers improve their financial knowledge and bottom line. The class will be held on Wednesday, Aug. 16, from 9:30 a.m. to 11:45 a.m. at the ISU Extension and Outreach – Sioux County office in Orange City.

ISU Dairy Specialist Larry Tranel will present enterprise analysis and information on the Millionaire Model Farm, milking system upgrades including robots, and information on organic and grazing dairies.

Northwest Iowa Extension Dairy Specialist Fred Hall will also share updated information relevant to the drought. He and Tranel will both be available to answer questions.

Hall said that the remainder of the meeting will be somewhat informal and will be driven by the interests and needs of those dairy producers in attendance.

“Dairymen and women who attend will receive information on a variety of financial topics useful for all dairies,” Hall said. “There is no fee to attend, but interested individuals must pre-register by Aug. 14.”

To pre-register for the meeting, contact the ISU Extension and Outreach – Sioux County office at 712-737-4230 or email Hall at fredhall@iastate.edu.

Farm Lending Conditions Update

Nebraska Extension Educator Robert Tigner added a new post to his blog that updates current ag lending conditions across 6 Federal Reserve districts. The commercial banks report increased lending demand for 2017 Q2 compared to 1 year ago. Although year over year loan demand is decreasing in total repayment rates show that ag borrowers are struggling to stay current.

The link is below:

https://redwillowfarmranch.wordpress.com/