| PROJECT SUMMARY |
| This project has enhanced specialists’, county agricultural agents’, and farmers’ understanding of how combinations of risk management tools affect the “safety net” provided by the 2002 Farm Bill. The first goal of the project was to complete the necessary modeling work needed to assess the roles of the two types of government payments: the fixed and the variable payments in a farmers marketing and risk management decision. The second goal was to disseminate the results of this modeling work recast in a way that will make it easier for a layperson’s understanding beyond simple definitions of various programs and risk management tools. The major output of this second objective of the project was an extension publication and accompanying PowerPoint slide set that will help agricultural agents, lenders, and farmers to make more informed risk management decisions well beyond the 2002 Farm Bill’s life. |
| NUMBER OF PARTICIPANTS: 5000 |
| TOPICS COVERED |
| Cash and futures pricing tools |
| Marketing strategies, plans and clubs |
| Ability to manage changes in policy and regulation |
