Completed Project Report


Dairy Risk Management Education for North Carolina & the Southeast

  • Award Amount: $17,446
  • Regional Center: Southern Extension Risk Management Education Center
  • Grant Program: 2019 Education Projects
  • Project Director: Brittany Whitmire
  • Email: bfwhitmi@ncsu.edu
  • Organization: North Carolina State University

Extension RME Regional Centers
Extension Risk Management Education Region Map

Project Overview

Dairy farms across the country have struggled with low milk prices, negative cash flow and reductions in equity positions over the last 3 years.  Cost of production varies significantly from operation to operation throughout the nation, and for many who have weathered the slim to negative margins they have experienced since 2015, decisions to exit have been less a choice and more of a forced option.  This project focused on helping dairy producers and service providers in North Carolina and surrounding southern states better understand risk management strategies and tools available to mitigate marketing and financial risks to dairy through a series of 2 regional workshops and 12 monthly webinars.  The target audience was a cohort of 15-20 dairy farmers, 3-4 dairy cooperative representatives, and 4 extension personnel in North Carolina, South Carolina and Virginia.  Over the course of 15 months, participants increased their awareness of tools available to help them mitigate risk and improve profitability.  Participants also gained access to resource people in organizations that have specialized expertise in commodities and inputs futures, as well as milk marketing strategies through the project’s network of collaborators and consultants. 

Number of Participants: 203

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

DESCRIBE ANY UNEXPECTED RESULTS OF THE PROJECT:

HOW WOULD YOU IMPROVE THE PROJECT IF YOU WERE TO DO IT AGAIN?

WHAT WERE THE KEYS TO SUCCESS FOR YOUR PARTICIPANTS?

INDIVIDUAL STORIES / EXAMPLES OF SUCCESS / QUOTES