Completed Project Report


Risk Management Education in Vermont 2021-2022

  • Award Amount: $99,754
  • Regional Center: Northeast Extension Risk Management Education Center
  • Grant Program: 2021 Producers Underserved by Crop Insurance
  • Project Director: Jake Jacobs
  • Email: jake.jacobs@uvm.edu
  • Organization: University of Vermont State and Agricultural College

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Project Overview

With approximately 90 percent of U.S. farm acres covered by crop insurance, Vermont producers continue to be decidedly underserved by Federal crop insurance programs with only 5.8 percent of farm acres insured. Many Vermont farmers remain unfamiliar with the options available to them and unaware of how to access risk management programs. This project provided education on Federal risk management programs available to Vermont producers across the state, with a focus on new and early stage producers, diversified farms selling to direct and local markets, and dairy producers.  Main topics included agricultural risks, available risk management options, incorporating risk management into business plans and decision-making, expanded options in WFRP, and milk protection programs such as Dairy-RP.

This project incorporated commodity-specific and audience-specific risk management information into educational courses and events, small group meetings and individual consultations.  Risk management information integrated into curriculum reached 46 participants in 3 courses; outreach was included in 15 workshops and other educational events reaching approximately 125 producers; 25 small group and individual consultations reached 28 producers.  Education delivered enabled participants to integrate risk management strategies into their farm business plans, assess available Federal risk management programs and make informed decisions about crop insurance participation.

Number of Participants: 54

Outcomes

Project Steps

PROMOTIONAL MATERIALS

There are no promotional materials available for this project.

EDUCATIONAL MATERIALS

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REPORTS & EVALUATIONS

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DELIVERY AREA

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