Tom Neher, vice president Agribusiness at AgStar Financial Services, will be presenting a session on risk management for cooperatives and their members at the 14th annual Farmer Cooperatives Conference set for Nov. 3-4 in Minneapolis.
Organized by the University of Wisconsin Center for Cooperatives, this annual event features the latest research, trends, critical thinking, innovative approaches and case studies about cooperatives as business entities. Attendees are agricultural cooperative managers and board members, educators, researchers, accountants and other professionals.
"It is the one national conference that focuses on agricultural cooperatives themselves, rather than on the state of the industry or an industry sector," says Anne Reynolds, assistant director for the UW Center for Cooperatives.
The theme this year is "Meeting Competitive Challenges: Cooperative Structure and Finance for the Future."
Eight sessions in two days address global challenges in the food producer market, innovative approaches to finance, consolidation among cooperatives, price volatility, energy and the credit marketplace, and managing risk for cooperatives and their members.
Neher's presentation will focus on the challenges of risk management for cooperatives and their members.
According to Neher, "Cooperatives face a balancing act as risk is driven down the supply chain. But there are tools that cooperatives and their members can use to help them adjust to and manage their risk. I'm looking forward to sharing what I've learned and hearing what others in the industry are doing to manage risk in this volatile environment."
Neher joined AgStar in 2006 after an extensive career in the grain industry. He manages and is responsible for services to all sectors of the company's grain portfolio, from grain production to marketing and processing. He previously held positions with Archer Daniel Midlands and Benson-Quinn Company where he was grain merchandiser, commodity marketing consultant, development director, risk management director, floor broker and member of the Kansas City Board of Trade.
The two-day conference will be hosted at the Radisson Plaza Hotel Minneapolis. More information about the conference and registration is available at www.uwcc.wisc.edu, or 608-263-4775.
Support for the program comes from CoBank, CHS, Dorsey & Whitney, Farm Foundation, Growmark, Land O'Lakes, Lindquist & Vernnum, NCFC Education Foundation, Stoel Rives, Clifton Gunderson and Ralph K. Morris Foundation.