FUNDING & PROJECTS - My Risk Library Entry

Arkansas Risk Management Education Program
 
Award Amount: $17,016 
Regional Center: Southern Region Risk Management Education Center
Grant Program: 2003 Competitive Grant Program

Project Directors: Tony Windham
Email: twindham@uaex.edu
University of Arkansas Cooperative Extension Service
Download Full Report .pdf  Arkansas Risk Management Education Program

 

Summary Results Project Steps Materials Delivery Area Comments
PROJECT SUMMARY
This project addresses the production, price,and financial risk associated with sustaining profitability under the 2002 Farm Bill. New conservation provisions and commodity marketing will be the two major educational programs delivered to County Extension Agents. Workshops will include power-point presentations, hands-on exercises, participant feedback, and evaluation. Approximately 40 agents will participate from the Delta District of Eastern Arkansas and approximately 20 from the Ouachita and Ozark Districts, respectively. One commodity marketing and one conservation provisions workshop will be conducted in each of three districts (six total). More may be conducted as funds allow. It is expected that participants will obtain a more advanced understanding of commodity marketing and be better prepared to advise clientele on the availability and requirements of new conservation provisions. Since the purpose is to advance the knowledge of agents in the specified topics, 100 percent of the participants are expected to achieve this result.

NUMBER OF PARTICIPANTS: 113
TOPICS COVERED
  • Insurance products
  • Market analysis and outlook
  • Cash and futures pricing tools
  • Marketing strategies, plans and clubs
  • 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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