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Farm Futures Management Summit Jan. 3 & 4, 2013
Hyatt Regency in St. Louis at the Arch
St. Louis, Missouri

Will regulations impact your future role in feeding 9 billion by 2050? Is your business positioned for growth and success over the next few years?

Those are some of the questions we'll answer at the 2013 Farm Futures Management Summit, set for Jan. 3-4 at the Hyatt Regency in St. Louis at the Arch. Under the theme, "What every farmer CEO should know," the summit will provide expertise to help you grow and manage your business long-term.

Howard Buffett, Illinois farmer, philanthropist and son of famed investor Warren Buffett, will headline the summit by offering a thought-provoking look at how farms can position themselves for long-term sustainable profit. Buffett's foundation supports on-farm research on best management practices for large-scale grain farms.

As farms grow and become more complex, farmer CEOs will need to change the way they manage the business. Darren Frye, CEO at Water Street Solutions, a marketing and risk management firm in Peoria, Ill., will show how to develop a business model based on shared, core values. Making core values a centerpiece of your business is a strategy employed by the top companies in America.

Dr. Dave Kohl, the country’s leading voice on farm management trends, will give insights on global agriculture and moderate a panel discussion on hotspots around the world, including Brazil, China and the Black Sea region.

Regulatory debate

Farmers tell us regulations are one of their greatest concerns, prompting summit organizers to host a debate and discussion on the future of ag regulations, moderated by Farm Progress Broadcast Director Max Armstrong. Gary Baise, an Illinois farmer and trial attorney at the law firm Olsson Frank Weeda Terman Bode Matz PC, will take part in the event along with Brett Lorenzen, coordinator of the Mississippi River Project for Environmental Working Group. Baise, a Farm Futures blogger, specializes in Ag and environmental issues and serves as General Counsel for several national agricultural organizations. Cox has worked for the Senate Committee on Agriculture, USDA, and as Executive Director of the Soil and Water Conservation Society.

Farm Futures will continue the popular track seminars it began last year, providing in-depth sessions on marketing and risk management, financial and business planning, and management training for future farm CEOs.

Participants will want to bring their laptops for a hands-on session with senior editor Bryce Knorr as he walks you through ways to improve risk management performance. Bryce will guide you through the development of a spreadsheet that uses the Excel Data Table function to create a 'what if' sensitivity analysis, incorporating costs, yields and marketing methods for your farm. Management coach Darrell Dunteman will discuss 2013 crop budgets and take a look at tax strategies. You'll hear experts describe Best in Class Management Practices and learn how to do your own risk assessment audit.  Other breakouts will focus on how to build business relationships in multigenerational farm operations, with or without family members.

The summit wraps up with a thought-provoking look at the future. Harvard Ag policy professor Robert Paarlberg will discuss the growing gap between consumers and producers and outline how this gap could impact farm operations. Purdue Ag economist Mike Boehlje tops off the summit with a closer look at future growth, expansion and strategic planning for your business. 

Suffice to say, the 2013 summit will have one of the strongest speaker lineups in its nine-year history.

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