Completed Project Report


F-A-R-M Education: Financial and Risk Management Education for Minority Populations and Limited Resource Producers Underserved by Crop Insurance

  • Award Amount: $100,000
  • Regional Center: Southern Extension Risk Management Education Center
  • Grant Program: 2020 ERME Underserved Producers

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Project Overview

Rural South Institute collaborated with a few other local organizations in rural Alabama to deliver F-A-R-M Education to 115 limited resource and socially-disadvantaged producers underserved by crop insurance in the Black Belt region. The project assisted 396 minority producers underserved by crop insurance, exceeding the original participation estimates. Through effective information dissemination strategies and strategic partnerships with several local organizations, the project reached a diverse group of over 3,500 additional underserved producers throughout rural Alabama. The project's specific objectives were to (1) promote crop insurance and risk management education opportunities among producers through print, social-media, radio, television, and through strategic relationships with grassroots organizations; (2) conduct crop insurance and marketing education to mitigate production and market risks; (3) deliver financial and risk management, business planning and recordkeeping training and education to urban gardeners and underserved socially-disadvantaged producers; and (4) facilitate producers' access to capital, crop insurance, and government programs to enhance viability and profitability of minority-owned farms. Project outcomes included increased participation in crop insurance, risk management, and government programs; improved financial and recordkeeping skills; adoption of improved production technology and marketing strategies; and enhanced farm profitability.

Number of Participants: 396

Outcomes

Project Steps

PROMOTIONAL MATERIALS

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EDUCATIONAL MATERIALS

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REPORTS & EVALUATIONS

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DELIVERY AREA

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