The University of Arkansas Cooperative Extension Service is sponsoring a series of five farm management workshops in eastern Arkansas Dec. 5–12 on managing production, financial and marketing risks.

The workshops are aimed at farmers, landowners, bankers, accountants, lawyers and agricultural business people.

The half-day workshops will feature discussions by agricultural industry and university specialists on topics including machinery economics, ag financial management, crop budgeting and production costs, farm policy, grain basis and commodity marketing.

“Of particular interest, producers will learn how our new farm policy is taking shape and how much support commodities will get from Washington,” said Scott Stiles, Extension risk management economist.

“A big issue farmers are concerned about is grain basis. We’ll have industry speakers discuss how basis is calculated and the issues affecting basis. It’s a hot topic in grain markets.”

Speakers will also address the economics of new cotton harvesting and precision agriculture equipment, crop budgeting and the outlook for 2008 production costs and farm financial issues. Another key topic for discussion is 2008 commodity prices.

The dates and locations are:

• Dumas, Dec. 5: Dumas Community Center. Registration begins at 8 a.m. Meeting concludes with lunch.

• Stuttgart, Dec. 6: UA Phillips Community College. Registration begins at 8 a.m. Meeting concludes with lunch.

• Newport, Dec. 10: ASU Newport. Registration begins at 8 a.m. Meeting concludes with lunch.

• Forrest City, Dec. 11: East Arkansas Community College. Registration begins at 8 a.m. Meeting concludes with lunch.

• Keiser, Dec. 12: Northeast Research Extension Center. Registration begins at 8 a.m. Meeting concludes with lunch.

Continuing Professional Education Credits are available for Arkansas certified crop advisors, certified public accountants, and accredited members of the American Society of Farm Managers and Rural Appraisers.

There is no cost to attend, but Stiles is asking that producers pre-register by Nov. 23. For more information, contact Stiles at (870) 972-2481. Register by calling Brenda Duggins at (501) 671-2347 or register online at www.aragriculture.org/crops/risk_management/seminar_information.htm.