Tuesday, January 15, 2013

Ag Economics in Uncertain Times program to be held in Richey

On Monday, January 21, Dr. George Haynes, MSU Extension Agricultural Policy Specialist, will be in Richey, MT to provide producers with information related to the economics of dealing with the drought.  Along with this program, he will also present findings from research he has conducted related to the economic impact of the aging population in Montana.  Details related to each of the programs are as follows:



Agricultural Outlook and Drought Economics

Montana producers have realized the positive and negative impacts of weather events, droughts and floods, occurring in- and out-of-state over the past few years.  This presentation will examine the impact of the droughts and floods, consider the economic implications of short- and long-term decreases in revenue and increases in costs, discuss strategies for surviving these events and consider assistance programs designed to mitigate these economic impacts.


Montana’s Aging Population

Montana’s population is rapidly becoming one of the “older” states in the United States.  This presentation will examine the impact of an aging population, where the percentage of elderly is increasing and the percentage of working age adults and young people is decreasing.  The presentation focuses on changes in state expenditures on corrections, education and Medicaid and changes in property tax and residential income tax revenues.

This event will be held at the Stockman Bank in Richey beginning at 10:00 AM on Monday, January 21st.  Lunch will be provided.  For more information, contact Tim Fine.