The coronavirus and its control measures have changed economic outlook, leading to lower soybean prices. This webinar will discuss ways for farmers to deal with this situation, covering the latest in Federal and state programs to provide aid for farmers and look at up-to-date price and income outlooks for farmers. We will also look at guidance for management decisions for the upcoming growing season.

Presenter: Gary Schnitkey, Professor, Department of Agricultural and Consumer Economics at the University of Illinois at Urbana-Champaign

Gary Schnitkey, Ph.D., is a professor and farm management specialist in the Department of Agricultural and Consumer Economics at the University of Illinois at Urbana-Champaign (UIUC) and regularly contributes content to farmdoc Daily. Schnitkey focuses on farm management and risk management by examining issues impacting the profitability of grain farms including corn-soybean rotations, machinery economics and factors separating profitable from unprofitable farms. Schnitkey grew up on a grain and hog farm in northwest Ohio and received his Bachelor of Science degree from The Ohio State University and a master’s degree and Ph.D. from UIUC.