FUNDING & PROJECTS - My Risk Library Entry

Minimizing Risk by Maximizing Production Through Barley as a Rotational Crop
 
Award Amount: $20,500 
Regional Center: Western Center for Risk Management Education
Grant Program: 2006 Competitive Grant Program

Project Directors: Mary Palmer Sullivan
Email: mary@wagrains.com
Washington Barley Commission
Download Full Report .pdf  Minimizing Risk by Maximizing Production Through Barley as a Rotational Crop

 

Summary Results Project Steps Materials Delivery Area Comments
PROJECT SUMMARY
This project focused on showing how utilizing barley in a rotation with other cereal and pulse crops in the dryland cropping regions of eastern Washington will help producers lessen risk, improve production and decrease crop disease and weed infestations. Presently, crop insurance coverage for wheat and barley acres is 69% and 40%, respectively. There is a potential to increase barley crop insurance coverage to the same level as wheat acres covered. This project provided risk management education through developing and utilizing enterprise budgets as well as use of risk protection through crop insurance for Washington grain producers. The target audience was grain growers, landlords and lenders within the 16-inch and higher rainfall regions. The project provided information through seminars at the PNW Farm Forum as well as individually targeted workshops. In addition, the project intends to provide reference publications and a CD that will be available and promoted through the seminars and workshops. Growers also received the information developed through a direct mailing of the Washington Barley Commission’s newsletter, which reaches over 3,500 entities. The project was able to reach 184 growers, landlords and lenders through the seminars and workshops.
NUMBER OF PARTICIPANTS: 184
TOPICS COVERED
  • Insurance products
  • Product and enterprise diversification
  • Market analysis and outlook
  • Financial records, analysis, and bench-marking
  • Capital and financial assets
  • Understanding of economic risks associated with new production technologies
  • Business and strategic planning
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