The USDA Risk Management Agency (RMA) and the Cooperative State Research Education and Extension Service (CSREES) allocate millions of dollars annually to risk management education across the U.S. These funds are allocated with the end goal of improving the risk management skills of farmers and ranchers, to increase the profitability and competitiveness of agricultural producers in domestic and world markets. However, little research has been done on the overall impact of such programming on U.S. farmers and ranchers. This paper discusses the impact of risk management training in Nevada on producer program attendees; including decision making skills, farm/ranch financial improvements, and awareness of alternative strategies to risk management. We evaluate these impacts based on pre and post-program testing, post program evaluations, as well as six-month and one-year follow-up mail surveys.
|2007 National Extension Risk Management Education Conference