Projects
Energy in Agriculture: Managing the Risk
Energy-related risk management tools and the role of energy production/use strategies in risk management for production agriculture and the food system were examined at a June 27-28, 2006, conference at the Hilton Kansas City Airport, Kansas City. The conference was sponsored by USDA’s Risk Management Agency, USDA’s Office of Energy Policy and New Uses and Farm Foundation. Identification of new non-insurance risk management tools related to energy production and use was another goal of the conference.
The high cost of oil and natural gas, combined with the growing public and private interest in renewable energy, is raising new risk management issues. Farmers and ranchers, particularly limited resource farmers, have been hard hit by rapidly rising and volatile energy prices. Prices of nitrogen fertilizer and other petroleum and/or natural gas based inputs have risen rapidly. Some farmers are using traditional risk management tools to deal with these new sources of risk.
The program below includes links to speaker presentations.
| Managing the Energy Risk in Agriculture Keith Collins, Chief Economist, USDA |
|
| Economics of Energy Production in Agriculture Vernon Eidman, University of Minnesota Paper and Presentation |
|
| U.S. Agriculture: A Major Player in the U.S. Energy Scene David Bransby, Auburn University |
|
| A Broader Look at Risk Management Nick Piggott, North Carolina State University |
|
| Markets and Risk Management Strategies Kim Anderson, Oklahoma State University |
|
| Overview of Emerging Technologies Phillip Badger, General Bioenergy Inc. |
|
| Energy Success Stories Ethanol Plant Bill Pracht, East Kansas Agri-EnergyMethane Digester Robert Foster, Vermont dairy farmerVehicles Powered by Cellulosic Materials Wayne Keith, Alabama farmer/logger |
|
| Marketing Success Stories Risk Management Strategies David Spears, Agriculture Solutions Inc.Ethanol Marketing for Cooperative Plants Steve Bleyl, Renewable Products Marketing Group |
 |
|
|