Risk Management

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See also:


Risk Management Agency fact sheet on AGR-Lite

http://www.rma.usda.gov/pubs/rme/aboutrma.pdf

Publication is in PDF format.


NYS Dept. of Agriculture Crop Insurance 

http://www.agmkt.state.ny.us/AP/CropInsurance.html

Don’t Break a Leg: Managing Risk on Your Small Farm

http://media.cce.cornell.edu/hosts/agfoodcommunity/JoannaGreen-dontbreak.pdf

Joanna Green, Small Farms Program, Cornell University

This factsheet introduces the idea of risk management and looks at some of the particular challenges and opportunities that small-scale farmers have in managing risk. Publication is in PDF format.


Managing Market Risks

http://hortmgt.aem.cornell.edu/pdf/smart_marketing/henehan6-06.pdf

From the Smart Marketing series at Cornell, this article by Senior Extension Associate Brian Henehan illuminates strategies for minimizing farmers’ marketing risks. Publication is in PDF format.


Risk Management for Horticultural Crops

http://hortmgt.aem.cornell.edu/programs/riskmgt.htm

Horticultural Business Management and Marketing Program, Department of Applied Economics and Management, Cornell University

Topics include: Why Buy Insurance?; Marketing Clubs; Managing People Risks; What’s the Risk in NOT Replanting Orchards and Vineyards?; How Risk Tolerant Are You?


Environmental Risk Analysis Program

http://environmentalrisk.cornell.edu/

Department of Communication & Center for the Environment, Cornell University

The Environmental Risk Analysis Program (ERAP) began in Summer 1998 as an integrated applied research and outreach initiative of the Cornell University Center for the Environment. Their goals are to:

  • Meet societal needs to better understand, evaluate and communicate environmental risks.
  • Improve methods of environmental risk analysis and communication.
  • Facilitate the use of risk analysis by citizen leaders, educators and policy makers as they tackle complex local and regional environmental issues.
  • Develop resources and training programs that will help citizens and policy-makers:
    • Interpret scientific information and policy decisions involving risk issues,
    • Appropriately balance levels of concern with levels of risk and social impact
    • Make informed decisions that will lead to reduced risk from environmental stressors.
Environmental Risk Analysis Program
213 Rice Hall
Cornell University
Ithaca, NY 14853-5601
Phone: (607) 255-4765
Fax: (607) 255-0238
E-mail:

Northeast Center for Risk Management Education

http://www.necrme.org

The Northeast Center for Risk Management Education at the University of Delaware was established in 2001 with funding from the USDA Cooperative State Research, Education and Extension Service (CSREES). Its mission is to improve the risk management decision-making processes of agricultural producers in the Northeast Region through a comprehensive educational program.


National Risk Management Education Library

http://www.agrisk.umn.edu/

A library of documents on agricultural risk, specialty crops, crop budgets, and Risk Management Agency projects and funding.


Managing Risk in Farming: Concepts, Research, and Analysis

http://www.ers.usda.gov/publications/aer774/

J. Harwood, R. Heifner, K. Coble, J. Perry, A. Somwaru, Economic Research Service, U.S. Department of Agriculture, March 1999

The bulleting describes types of risk important to producers, measuring price and yield risk, how farmers can manage risk, farmers’ risk management strategies, and practical aspects of farm risk management. Individual chapters are in PDF format.


In the Eyes of the Law: Legal Issues Associated with Direct Farm Marketing

Richard F. Prim, Kaarin K. Foede, attorneys at law, University of Minnesota Extension Service, May 2002

For producers considering direct marketing, this publication provides an introduction to legal issues that my affect their business. Written by two lawyers with commercial and agritourism law experience, the information is intended to help direct marketers avoid or minimize risk and liability. It is not intended to constitute legal advice or to address every situation. Use this publication as a discussion tool as you seek specific advice from an attorney or accountant familiar with your goals and business plan.

$10. Item BU-07683-GO. Order by calling 1-800-876-8636 or clicking here. Located under Planning Task Four: Strategic Planning. Published in PDF format.


Introduction to Risk Management

http://www.ncrme.org/docs/IntrotoRiskManagement.pdf

Risk Management Agency, U.S. Department of Agriculture

A handbook on assessing and understanding risk management in production, marketing, finances, and legal and human resource issues.


Building a Risk Management Plan

http://www.rma.usda.gov/pubs/1998/barmp/index.html

Risk Management Agency, U.S. Department of Agriculture

A series of comprehensive articles that help growers start to build a risk management plan.


Farmers Resources

http://www.ncsart.org/

North Carolina State Animal Response Team

This site has factsheets developed on the following topics:

  • Preparing farms for disaster strikes
  • Preparing farms for weather disasters
  • Hurricane preparation for horse farms
  • Food and water requirements for livestock
  • Foot and mouth disease

Look under “Who We Help” for information about farms.

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