Documentos de Académico
Documentos de Profesional
Documentos de Cultura
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What is
Extension Risk Management Education?
In this environment of dramatically increasing risk, the
Extension Risk Management Education program provides
training to help producers learn new strategies to manage
complex and growing agricultural risks. The program’s goal is
simple – “Help America’s farmers and ranchers manage risk.”
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Understanding and managing the
volatility in agricultural prices
Situation
Volatility has dominated agriculture the past couple of years.
With the large commodity price and input cost fluctuations that are
occurring, how do producers develop a cash flow plan or determine
if they can break even producing a product? How can they
determine how much operating credit to ask for from their lender
or how much rent they can afford to pay for land?
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Dealing with the increasing cost of
agricultural inputs
Situation
Rapidly rising input costs have become a challenging risk
management issue for most producers. Livestock producers have
struggled with high feed costs for several years. Higher input
costs require more operating credit and are creating more risk for
producers.
Program results
• A project in Montana helped producers use energy
evaluation tools to manage rising petroleum based
input costs. Two hundred and five producers tested an
Energy Estimator tool; 68 conducted on-farm energy
assessments; and 17 made energy use changes, utilized
alternative fuel production or made equipment changes.
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Will producers be able to access the
credit they need?
Situation
Agriculture is not immune to the changing global credit
situation. Agricultural credit has become more difficult to
obtain. Lenders are scrutinizing borrowers more rigorously and
requiring stronger liquidity and increased financial documentation.
Many producers are projecting negative cash flows for 2010.
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Educating small and immigrant farmers
on how to establish their businesses
and market their products
Situation
A growing number of small and immigrant producers are pursuing
farming as a family business, but these producers face greater
challenges than other farmers. Immigrant farmers often need to
learn how to market their products to consumers, overcoming a
lack of marketing knowledge, cultural and communication issues.
Program results
• In California, the Regulatory Training for SE Asian
Immigrants Project helped over 240 Hmong,
Laotian and Hispanic farmers change their regulatory
compliance regarding farm safety and labor policies.
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Transition planning for retiring
producers and helping new producers
start successfully
Situation
More than 500,000 U.S. producers are over 65 years old
and will need a transition plan now or in the near future.
Entry into farming or ranching is difficult due to the capital
requirements and the expertise necessary to be successful.
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Extension Risk Management Education
Centers
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Extension Risk Management Education
www.ExtensionRME.org