THE DAIRY FINANCIAL SITUATION

Image by publicenergy via Flickr

This is a turbulent, trying time for the US dairy industry. The dynamics of the global economy impacting dairy farm owners and agri-businesses. Through no fault of their own, dairy owners may be facing a financial crisis.

ISU Extension invites dairy producers, bankers and lenders, and community leaders to an informational meeting to learn about financial and legal options available to dairy farm owners, and about stress management strategies and resources for farm owners and their families. Speakers will include John Baker, Attorney at Law, Iowa Concern Hotline; Erin Herbold, Legal consultant, Center for Agricultural Law & Taxation; and ISU Extension Specialists in Dairy, and Family Life.

The workshops will address these topics:
· “What is going on in our dairy industry?!”
· What are my financial options and strategies? How do I talk to my banker about my situation?
· What legal options and strategies do I have?
· Making good decisions during stressful times: What tools are available to me and my family? What should I tell the kids?

The following sites and dates are offered in Northeast Iowa:
August 4 – NE IA Research Farm, 3321 290th St., Nashua (Take Exit 220 from Hwy 218, go 1 mile West, 1 mile South and ¼ mile East) – 1-4pm
August 5 – NE IA Dairy Foundation, 1527 Hwy 150 South, Calmar- 1-4pm
August 6 – Oelwein Public Library, 201 E Charles St, Oelwein- 1-4pm
Aug 18 - ISU Extension - Dubuque County Office, 14858 West Ridge Lane, Dubuque
Aug 19 - Elkader AEA Building, 14002 2nd St NW, Elkader
Aug 20 - ISU Extension- Jones County office/ Jones Co Farm Bureau, 605 E. Main, Anamosa
Light refreshments and printed materials will be available. No pre-registration is necessary. For further information call your local County Extension Office or contact ISU Extension Dairy Specialists Dale Thoreson, 319-267-2707, dthores@iastate.edu; or Larry Tranel, 563-583-6496, tranel@iastate.edu.

·

Hampton Today made possible by sponsors like:
Michelle Hartman – Tupperware –641-373-8880
Denise Passehl – Watkins – 641-580-4052
Franklin County Farmers Market 641-456-4811
Make a Splash Foundation jhobson@leslieklinelucas.com
Patrick Palmer – The Computer Guy – 641-420-1234
Seven Stars Restaurant – 641-456-5378
Debra Brown – Melaleuca - 641-458-1114