Completed Project Report


Financial Risk Management for Herd Rebuilding in South Texas

  • Award Amount: $14,753
  • Regional Center: Southern Extension Risk Management Education Center
  • Grant Program: 2016 Education Projects
  • Project Director: Mac Young
  • Email: amyoung@ag.tamu.edu
  • Organization: Texas A&M AgriLife Research and Extension Center

Extension RME Regional Centers
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Project Overview

The project’s goal was to educate producers on the use of a beef cow decision tool in analyzing what they could afford to pay for replacement females. The tool and outreach efforts also included a means to evaluate the additional economic benefit of calf and reproductive management practices to the value of a replacement female. The analytical aspects of the tool were based on the net present value of all inflows and outflows.

The Excel based tool was presented at 13 Extension and industry based programs to 579 attendees. Based on the evaluation results and feedback, the project was a success and goals were met or exceeded. This is based on 90.75% of post-program evaluation respondents indicating they were satisfied or very satisfied with the information they received and 86.71% expected to benefit from the use of the tool in their decision making. Additionally, 86.32% had an increase in knowledge in the use of the tool and 42.16% had an increase in knowledge of the benefits of calf and reproductive management practices.

Number of Participants: 579

Results

Project Steps

PROMOTIONAL MATERIALS

There are no promotional materials available for this project.

EDUCATIONAL MATERIALS

There are no educational materials available for this project.

REPORTS & EVALUATIONS

There are no reports or evaluations available for this project.

DELIVERY AREA

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