FUNDING & PROJECTS - My Risk Library Entry

New Mexico Organic Farming Conference: Reducing Risk in Transition, Production, Management and Marketing
 
Award Amount: $8,000 
Regional Center: Western Center for Risk Management Education
Grant Program: 2003 Competitive Grant Program

Project Directors: Joan Quinn
Email: joan.quinn@state.nm.us
New Mexico Organic Commodity Commission
Download Full Report .pdf  New Mexico Organic Farming Conference: Reducing Risk in Transition, Production, Management and Marketing

 

Summary Results Project Steps Materials Delivery Area Comments
PROJECT SUMMARY
The New Mexico Organic Farming Conference addressed financial risks that arise when producers lack the information and skills to: research and develop and/or diversify markets; transition/enter certified organic production and markets; keep required records to earn or maintain organic certification; use records from organic production to help with business analysis and planning.

The conference provided an opportunity for organic and other family-scale farmers and ranchers from New Mexico, Arizona, Colorado, Texas, Utah and California to participate in a variety of workshops aimed at developing their production, planning, marketing and record-keeping skills. Most participants attended three 1-1/2 hour, and two 3-hour workshop sessions. At the workshops 47 producers completed a market development plan, 4 committed to transitioning to organic, 14 committed to adopting improved record-keeping systems, 6 committed to using their organic records to analyze their businesses and develop business plans.
NUMBER OF PARTICIPANTS: 431
TOPICS COVERED
  • Market analysis and outlook
  • Marketing strategies, plans and clubs
  • Direct, wholesale, and processing markets
  • Contract production, branded or certified marketing, and value-added enterprises
  • Financial records, analysis, and bench-marking
  • Understanding of economic risks associated with new production technologies
  • Business and strategic planning
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