FUNDING & PROJECTS - My Risk Library Entry

North Alabama Risk Management Education Program
 
Award Amount: $7,500 
Regional Center: Southern Region Risk Management Education Center
Grant Program: 2002 Competitive Grant Program

Project Directors: Duncan M Chembezi
Email: Dchembezi@aamu.edu
Alabama A&M University
Download Full Report .pdf  North Alabama Risk Management Education Program

 

Summary Results Project Steps Materials Delivery Area Comments
PROJECT SUMMARY
The North Alabama Risk Management Education Program was initiated in order to increase participation of small and limited resource farmers in crop insurance programs. The project was also conceived out the need to assist these producers cope with increasing uncertainty and variability in weather, yields and product prices. This project has been more than successful. The project is currently able to reach over 500 producers, mainly small and socially disadvantaged farmers. We continue to train them how to use risk management tools and access information for production and marketing decision making.
NUMBER OF PARTICIPANTS: 502
TOPICS COVERED
  • Insurance products
  • Product and enterprise diversification
  • Market analysis and outlook
  • Marketing strategies, plans and clubs
  • Financial records, analysis, and bench-marking
  • Credit
  • Understanding of economic risks associated with new production technologies
  • Business and strategic planning
  • Ability to manage changes in policy and regulation
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