Completed Project Report


Mastering Farm Risk Management ("MyFaRM")

  • Award Amount: $98,085
  • Regional Center: Northeast Extension Risk Management Education Center
  • Grant Program: 2020 Producers Underserved by Crop Insurance
  • Project Director: Nicole Cook
  • Email: nlcook@umes.edu
  • Organization: University of Maryland Eastern Shore

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Project Overview

This project was designed to deliver free, in-person and online classes for underserved farmers about developing risk management plans that address all risk areas and emphasize using insurance to manage risks.

We provided three learning tracks: (1) "core group" farmers from the three lower-shore counties who committed to attending a minimum of eight of the eleven originally planned in-person classes; (2) "non-core group" farmers from anywhere who chose a risk management section or sections and committed to attending all of the in-person classes within the section(s); and (3) online independent learning modules that include videos of the classes, associated reading materials, and worksheets to develop a risk management plan.

All core group farmers were to "graduate" with a 5-year risk management plan, half to implement the crop insurance part of their plans five months after starting the classes, and 25% to implement one or more of any parts of their plans 3-4 months after they "graduated."  25% of the non-core group were to identify at least one affirmative risk-minimizing action they took after completing each chosen course section.  Ultimately, we held 10 and videotaped 9 classes.  We are creating the online modules now for publication.

Number of Participants: 26

Outcomes

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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INDIVIDUAL STORIES / EXAMPLES OF SUCCESS / QUOTES