Living on a Roller Coaster
18th Annual National Workshop for Dairy Economists and Policy Analysts
InterContinental Hotel, O'Hare
Rosemont, IL
May 5-6, 2011
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Download the Workshop brochure | ||
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Download the Workshop agenda | ||
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Register on-line here | ||
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Hotel room reservation on-line here | ||
You should register for the workshop with the button above. The registration fee for the program is $350. The hotel for the workshop is the InterContinental, Chicago O'Hare, 5300 N. River Road, Rosemont, IL. You can register online with the button above or by calling the hotel at (847) 544-5300. Please identify yourself with the "Dairy Policy" group for the negotiated room rate of $189 per night.
| Slides | Thursday, May 5, 2011 | ||||
| 7:00 | Registration and Breakfast--Provided | ||||
| 8:00 | Welcome | ||||
| 8:15 | Session I: Dairy Market Volatility Patterns, Causes and Implications | ||||
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Volatility in Individual Farm Marketings & Implications for Supply Management Base--Mark Stephenson, University of Wisconsin-Madison | ||||
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Volatility in Farm Profitability and Liquidity--David Zaitz, Cornell University | |||
| 10:15 | Break | ||||
| 10:30 | Session II: Implications of Fuel Price Volatility | ||||
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Class I Differentials with $2.50 fuel to $5.00 fuel--Chuck Nicholson, Cal Poly | ||||
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Industry Panel Reaction to Class I Differentials--Paul Miklasz, T.C. Jacoby & Co.; Calvin Covington, CEO Southeast Milk, Inc.-Retired | |||
| 12:00 | Lunch--Provided | ||||
| 1:30 | Session III: Implications of Feed Price Volatility | ||||
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Outlook for Feed Prices--Jim Hilker, Michigan State University | ||||
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Production Management Strategies with Volatile Feed Prices--Terry Smith, President/CEO Dairy Strategies, LLC. | ||||
| 3:00 | Break | ||||
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3:30 | Session IV: Price and Income Risk Management Strategies--Differences between Futures, Options, LGM, MILC & Margin Insurance--Scott Brown, FAPRI University of Missouri | |||
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Industry Panel Reaction to Risk Management--Sam Miller, M&I Bank; Brian Rice, Rice Dairy LLC, Jaime Castaneda, NMPF | ||||
| 5:00 | Adjourn | ||||
| 5:30 | Reception and hosted bar | ||||
| Friday, April 30, 2010 | |||||
| 7:00 | Breakfast--Provided | ||||
| 8:00 | Welcome | ||||
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8:15 |
Session V: Perspectives from the Real World--U.S. Dairy Farmer Panels--Chris Noble, Noblehurst Dairy Farm; Linda Hodorff, Second Look Holsteins; Chad Turner, Desert Hills Dairy | |
9:30 |
Session VI: Perspectives from the Dairy Industry Advisory Committee--Andrew Novakovic, Cornell University; Patty Stroup, Nestle; Jim Goodman, dairyman | ||||
| 10:15 | Break | ||||
| 11:00 | Session VII: Perspectives from the Next Generation.--Robert Blaufuss, Dean Foods Company; Monica Ganley, University of Chicago; Mary Knigge, Professional Staff House Committee on Agriculture; Allison Specht, Leprino Foods Company; Chris Noble, Linwood Management Group |
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| 12:30 | Closing Remarks and Adjourn | ||||