New grain marketing specialist will provide essential risk management tools to grain producers

Contact: John Shutske, (608) 262-1445, jshutske@cals.wisc.edu

University of Wisconsin-Extension and the College of Agricultural and Life Sciences (CALS) are pleased to welcome David Moll as Grain Marketing Specialist for Wisconsin.

Moll will coordinate extension and applied research for grain marketing programs in cooperation with Dr. Randy Fortenbery who heads up the University’s Renk Agribusiness Institute and remains directly affiliated with UW-Extension.

Moll will work directly with UW-Extension agents, grain producers, buyers, and others to develop extension programs in grain marketing. This includes developing and delivering grain marketing, risk management/assessment and price analysis workshops across the state, and publication of a monthly outlook newsletter.

“We are lucky to get David as a new Master of Science graduate from the Agricultural Economics Department at Purdue,” said John Shutske, Associate Dean and Program Director for Extension programs in agriculture. “David’s recent research work included looking at risk management strategies for corn and soybean producers and examining a wide range of strategies that included futures, forward contracts, options, crop revenue coverage, and group risk income protection during the times of dramatic volatility.”

During an internship with a large global company focused on crop productivity and health, Moll’s responsibilities included crop production and management. He also developed a unique communications tools to keep multiple levels of the company connected, from upper management to student interns.

“Grain prices have been highly volatile over the last few years, likewise reexamining a farm’s risk management strategy can be highly beneficial,” Moll noted. “My goal at UW-Extension and CALS will be to equip producers with risk management tools that can enhance farm management decisions in this new era of price volatility.”

UW-Extension delivers hundreds of educational programs across the state each year with direct contacts to nearly three quarters of a million people. As Grain Marketing Specialist, Moll will work closely with other faculty specialists and county agents on the Grains and Farm & Risk Management Teams who last year together provided educational programs for 56,000 producers and ag service providers.

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