Profiling the Evolving Characteristics and Needs for Risk Management Education of Commercial Agricultural Producers in the Intermountain West

The rural West has experienced dramatic demographic and economic transformations during the past several decades. The makeup of farm operators has changed significantly, and enterprises are increasingly at greater production, financial, marketing, human, and institutional risks. Given the importance of university outreach education to the future of agriculture, a better understanding of farm operators, including what they perceive to be the greatest threats to their operations, is required to effectively design risk management education. This project has resulted in improved understanding of agricultural producer needs for risk management education, through the results of two surveys completed over the past three years. These surveys targeted both small (<$50,000 ag sales) and large (>$50,000 ag sales) operators across three western states (WY, CO, and AZ). Results are generally much more descriptive of the educational needs, as well as suggesting mechanisms for delivery for Extension workers and others than the results available from the general agricultural census. More information at: http://RuralFamilyVentures.org.agricultural producer profile, risk management education, rural enterprises, western agriculture, rural family ventures, Teaching/Communication/Extension/Profession,

Enterprising Rural Families: Making It Work

Enterprising Rural Families (ERFTM) is an international course for the rural family in business. ERFTM teaches a process of finding success, resilience and satisfaction for rural families engaged in enterprises; including agriculture. Instructors from the United States, Canada and Australia have teamed together to offer this course that focuses on the three main components of a family business: individuals, the family unit and the business enterprise. This course also allows families in business to increase their awareness of cultural differences and similarities and improve their understanding of global issues. The course consists of written presentations, online chat sessions, threaded discussions, readings, videos, case studies and individual projects. Using these mechanisms, the online interaction provides rural families with both the tools and skills to resolve immediate family business issues and build a profitable business for the future.Consumer/Household Economics, Farm Management,

Rangeland Production Risk Management in Wyoming

Production Economics,

Rangeland Production Risk Management in Montana

Risk and Uncertainty,

Risk Scenario Planning Tool for Education on Livestock Risk Protection Insurance for Feeder Cattle

It can be difficult to provide livestock producers with effective education on livestock risk protection (LRP) insurance. Recently, the RightRisk Education Team developed a risk scenario planning tool that applies a partial budget analysis approach to decision making under uncertainty. A case study for use with the tool was developed for educating producers about the U.S. Department of Agriculture Risk Management Agency\u27s Livestock Risk Protection Insurance Plan for Feeder Cattle. We have found the combination of the tool and case study to be effective in developing producers\u27 understanding of LRP insurance to a level at which they feel comfortable analyzing the decision of whether to purchase the insurance

OPPORTUNITY COSTS OF WATER LEASING: IRRIGATION, INSTREAM FLOW, AND WETLAND CONSIDERATIONS IN THE LARAMIE BASIN, WYOMING

Flood irrigation in the Laramie Basin of southeast Wyoming has created many wetlands that rely directly on irrigation inputs for water. The Laramie Basin is a proposed water source for enhancing Platte River instream flows, to the benefit of endangered cranes, terns, plovers, and sturgeons. Increasing irrigation efficiency, or retiring irrigated lands would transform Laramie Basin agriculture and cause a high fraction of the Basins wetlands to be lost. This study explores the limitations of traditional water transfer tools when regional instream-flow requirements compete for water with local irrigation-dependent wetlands. A rotating short-term water lease program is proposed. The program would allow Laramie Basin producers to contribute to instream flow without causing permanent wetland damage or loss. Short-term water leasing programs could allow agricultural communities to contribute to regional environmental water needs without sacrificing local, agriculturally-based ecological resources. An estimate of minimum water costs, advantages and disadvantages of short-term water leasing are discussed.Resource /Energy Economics and Policy,

LABOR MANAGEMENT IN AGRICULTURE: A CRITICAL MANAGEMENT FUNCTION

Labor and Human Capital,

Risk Management for Ag Families: An Extension Model for Improving Family Business Success

A risky business environment for agricultural producers coupled with human risk elements unique to family businesses, points to the need for extension programs that integrate traditional risk management concepts into curriculums focused on the potentially unique educational needs of family farm management teams. Results in this paper indicate that a multi-state, grant funded program entitled "Risk Management for Ag Families" had impact and provides a model that traditional risk management education programs could benefit from.Risk and Uncertainty, Teaching/Communication/Extension/Profession,

Who Are Today’s Farmers and What are Their Educational Needs?

Labor and Human Capital, Teaching/Communication/Extension/Profession,

Risk Management for Ag Families: Evaluation of an Integrated Educational Program for Producers on the Northern Plains

This article analyzes the impact of a series of educational programs focusing on risk management for agricultural families structured as a series of short educational sessions coupled with hands-on learning activities. Responses of program participants to pre- and post-workshop questionnaires, series questionnaires, and a follow-up mail survey are analyzed using non-parametric statistics. Results indicate that this integrated format, focusing on areas of risk affecting agricultural family businesses, had a positive impact on knowledge levels and behavior. Overall, these results suggest this type of educational format may have merit as compared to more didactic approaches for delivering risk management education