Beef Financial Management Conference addresses impacts

Sep 2, 2011

Two of the most pressing issues facing the beef industry, drought and risk management, will be addressed among other related topics at the 2011 Beef Financial Management Conference on Oct. 6 at the Ambassador Hotel in Amarillo, TX.

“Building on the success of last year’s conference, we have assembled another great panel of experts to present at the event this October,” said Rob Gunther, CPA, of Frost, PLLC. “Two of the most pressing issues this year for beef producers, drought conditions and risk management, will be covered by nationallyknown experts in their fields.”

The purpose of the Beef Financial Management Conference is to address the needs of the beef production industry by offering insight into current trends and issues. It will include in-depth financial information including: the 2011 drought and its economic impact to beef producers, estate planning considerations with new tax law changes, risk management strategies, legislative updates, and an overall analysis on the outlook of cattle, grain and ethanol.

Keynote speaker Dr. John Nielsen-Gammon, Texas state climatologist, will speak on the current drought climate and economic implications to all facets of beef production. The conference will also feature William J. Murphy, administrator, Risk Management Agency for USDA.

Murphy will explain current economic protection and risk management tools available to America’s farmers and ranchers.

The event will be held at the Ambassador Hotel in Amarillo from 8:30 a.m. to 4:00 p.m., with a special reception from 4:00 p.m. to 6:00 p.m. Cost will be free for feedlot operators, cattlemen and packers. Cattle industry associates will have a $100 admission fee for the conference. Registration for the conference is available online at www.

The sponsors for the conference are Frost, PLLC; Great Plains Ag Credit; Commodity Risk Management; Commodity and Ingredient Hedging, LLC; and Brock Thompson Trading, LLC.

For more information about the conference, please contact Martha Hill at 501/376-9241 or mhilla@, Heath Wilson at 806/376-4669 or health.wilson@farmcredit — WLJ