This week I attended the Top Producer seminar and The Ag Executive Forum for the first time. Needless to say I was very impressed with the seminar and the information I learned. Coming away from the meetings I must say that I am cautiously bullish about the next 3-5 years in agriculture. The general message I learned was that a trend line crop for 2012 could mean really low prices which would in turn send prices quite a bit higher 2-4 years from now. However, any kind off weather scare or short crop it is hard to predict where prices could go. I think we need to manage our risk and prepare for severe volatility so we can withstand any downturn and capitalize on other opportunities that might become available at that time. Long term most of the people I talked to are bullish for Ag but it might be a rough road getting there. Another issue that is of great concern is the EPA regulations that are coming out of D.C. And how courts are ruling on cases that effect production agriculture. Even though farmers are the greatest form of an environmentalist we are under attack by several groups that are trying to put us out of business. My feeling is with another 4 years of Obama this is only going to get worse and we must be pro active in the fight against these groups.