Strategies for increasing resiliency might focus on marketing, labor, production practices, technology adoption and more.
For instance, diversifying income streams by planting several different crops may help a corn and soybean farmer mitigate market risk. Increasing efficiency on a dairy farm through robotic milking can help a farm withstand labor shortages. Planting cover crops may help soil be more resilient and absorb more water during heavy rainfalls.
With an eye toward the future, Compeer Financial and the University of Wisconsin-Madison Division of Extension are partnering to host a statewide Resilient Farms Conference, a one-day event for farmers interested in increasing resiliency for their farms through new business ideas.
Attendees will have the opportunity to participate in more than two dozen sessions to gather information, resources and tools to help in exploring ideas for increased farm revenue and added flexibility over time.
The conference is a farmer-to-farmer, peer-to-peer learning opportunity for people who are brainstorming and exploring new business ideas for their farms. More than 20 industry experts, including farmers who have successfully implemented alternative or additional enterprises, also will be available for one-on-one consultations and networking.