Crop Insurance Today November 2013 - (Page 4)

CropInsurance TODAY Helping Farmers and Ranchers: Developing Risk Management Plans By Dr. Laurence M. Crane, NCIS This article summarizes the activities of an RMA funded Competitive Cooperative Partnership Agreement awarded to NCIS as part of the Risk Management Education and Out- reach Partnerships Program. NCIS delivered this education program last year in cooperation with the University of Arkansas at Pine Bluff, and Alcorn State University, Mississippi.  The objective of this educational activity was to help African American farmers and ranchers in Arkansas and Mississippi develop risk management plans for their farms.  This training consisted of a series of three sequential workshops in each state and sixty hours of individualized instruction and homework assignments.  Project Overview Risk management planning continues to be a timely topic as farmers face historically high input and energy costs, fewer off-farm employment opportunities, and increased financial and marketing risks. The goal of this project was to assist Limited Resource and African American producers of Specialty Crops and Underserved Commodities in Arkansas and Mississippi in responding to risk in the five special emphasis areas of production (crop and livestock insurance), marketing (strategies and farmers markets), financial (farm management strategies), legal (liabilities and estate planning), and human resource (labor) management. Individualized risk management responses were formulated using the business planning approach. An applied education program consisting of six workshops and individualized counseling was developed and conducted via a Dr. Laurence Crane with the farmers and ranchers who attended the workshops in Pine Bluff coordinated by the University of Arkansas at Pine Bluff. 4 NOVEMBER2013

Table of Contents for the Digital Edition of Crop Insurance Today November 2013

Gettin' By on Gettin' Bys...
Helping Farmers and Ranchers: Developing Risk Management Plans
NCIS Adjuster Schools Big Success
1890 Scholarship Recipients
Ten Considerations Regarding the Role of Crop Insurance in the Agricultural Safety Net
Crop Insurance In Action
Kent A. Petersen Retires
In Memory Bill Hanson

Crop Insurance Today November 2013