In these times of unpredictable and volatile hog and feed prices, it’s become more of a challenge for pork producers to manage their profit margins. In an effort to help producers better cope with the situation, the Iowa Pork Producers Association is offering a one-day seminar on “Managing Prices for Optimal Pork Returns.”

The seminar is open to all producers and will be held Thursday, Aug. 23, from to at the Hilton Garden Inn,

8600 North Park Drive
in Johnston.

The content is designed to achieve a level of sophistication that translates to effective hog-margin management, say organizers.

The Chicago Mercantile Exchange along with Commodity and Ingredient Hedging, LLC, will present information on futures and options contracts. John Lawrence, IowaStateUniversityagriculture economist, will provide his latest hog and grain outlook. Participants also will learn how to control results through margin management.

  IPPA Producer Education Committee Chairman Leon Sheets, a producer from Ionia, says the seminar couldn’t come at a better time. “As we look at input costs and future prices, it will become extremely important to manage the dollars we have to work with,” Sheets says. “We anticipate that hog prices may not be what they’ve been the last three years, so our bottomline is going to be challenged, and it’s important that we look at all of the tools available to help maximize our profit potential.”

 Pre-registration cost of the seminar is just $10. On-site registration will be $20. The registration deadline is Aug. 20. For more information, contact Ali Smith at (515) 225-7675, (800) 372-7675 or e-mail asmith@iowapork.org.

 Source: Iowa Pork Producers Association