WINNSBORO, La. – The LSU AgCenter will host a meeting focused on marketing agricultural commodities April 1 at the Scott Research and Extension Center in Winnsboro.
Gene Boquet, LSU AgCenter county agent and financial farm management agent for Franklin Parish, said the program is targeted at teaching producers how to market their crops.
"We have several speakers lined up who will explain strategies that will help producers get the highest price for their crops," Boquet said. "Finally, after years of low commodity prices, producers will again be able to market crops instead of just giving them away."
Dr. Kurt Guidry, an LSU AgCenter economist, will discuss how futures contracts and futures options work in his presentation titled "Managing Market Risks and Developing Market Strategies with Futures and Options."
"I will be discussing how these marketing tools can be used, given the current market outlook, for selected commodities," Guidry said. "Specifically, I will be discussing the estimated selling price a producer could expect should he or she use one of these tools – or these tools in combination with other marketing strategies."
Other speakers include Dr. Gerald Giesler, a professor of farm management and production economics, and Dr. Gene Johnson, a professor of marketing, both from the LSU AgCenter’s Department of Agriculture Economics. Giesler will speak about "Developing Targets for Marketing Strategies," and Johnson will discuss the "Market Outlook and Situation for Selected Commodities."
Registration for the program begins at 8:30 a.m. Boquet will discuss the "Crop Situation" at 9 a.m.
For more information, contact Boquet at (318) 435-7551 or [email protected]