Clemson agribusiness economists to give 2017 market outlook
COLUMBIA — Clemson University agribusiness specialists Nathan Smith and Scott Mickey will provide an economic outlook for agriculture Nov. 22 at the State Farmers Market in West Columbia.
Market prices for agricultural commodities have sagged under large global supplies as South Carolina farmers have struggled with yield losses from the 2015 flood and this year’s Hurricane Matthew.
“Market prices are not expected to improve much next year, but farmers should have some opportunities for sustainable prices,” said Mickey, a farm business consultant with the Clemson Cooperative Extension Service. “We’ll be going over ways farmers can structure their business going into 2017 to take advantage of opportunities.”
The 2017 S.C. Agricultural Outlook Conference will include commodity market outlooks, estimates on payments from the 2014 Farm Bill, an overview of crop insurance options and a panel discussion on trends to follow in 2017. The event runs from 10 a.m. to 4 p.m. Nov. 22 at Phillips Market Center at the S.C. State Farmers Market, 117 Ballard Ct., West Columbia. Registration is available online through Nov. 17 at www.clemson.edu/extension/agribusiness. The cost is $75, which includes a workbook and lunch.
Mickey is an expert in crop insurance, government programs, market analysis and agriculture business management. Smith is a professor and Extension economist with expertise in row crop production economics and risk management, commodity marketing and farm bill policy.