Leibold to speak at Farm News Ag Show
How will you be impacted by the 2018 Farm Bill?
Kelvin Leibold, farm and ag businesses management specialist at Iowa State University Extension and Outreach, will provide an overview of the 2018 Farm Bill at the Farm News Ag Show on Wednesday, Dec. 4 at 11 a.m.
Leibold said the program will also include information on specific areas that impact area farmers.
“In particular, we will look at the factors in the decision making process for farmland owners and operators as they decide on which one of the three commodity programs they want to enroll in for 2019 and 2020,” he said. “We will review the program rules and the deadlines for signing up. Landowners will again have a one-time option to update yields that impact PLC (Price Loss Coverage) payments.”
Leibold said he will provide an update on changes to crop insurance and producers will also have the opportunity to learn how another risk management tool, Supplemental Coverage Option (SCO) ,is available to those signing up for PLC.
SCO is a county based crop insurance rider.
Leibold will also discuss other small changes to the program and provide additional resources that are available to make, what can be, complicated decisions.
“With profit margins being so small, producers need to look for every opportunity to increase revenue and manage risks,” he said.
Leibold has 32 years of experience with ISU Extension. His areas of expertise include farm management, farmland and building leasing, global agriculture, land values, farm machinery management, estate planning, intergenerational transfer and beginning farmers.
He is a member of the ANNIES PROJECT national leadership team, and has observed agriculture in Australia, Brazil, China, India, New Zealand, Nigeria, Paraguay, Russia, South Africa, Thailand and Western Europe. This included setting up a pork genetics project in Nigeria and ongoing work with Agri-Benchmark from Germany.
Leibold has presented at the AGRITECHNICA machinery show in Germany as well as many of the countries he has traveled to. He earned a bachelor’s degree and a master’s degree in agricultural education from Iowa State University in Ames.
His website is: http://www.extension.iastate.edu/ag/farm-management-kelvin-leibold
Leibold’s presentation is sponsored by Sunderman Farm Management Company of Fort Dodge.