Completed Project Report


Risk Assessment and Management Education for Dairy Producers in the Western Region

  • Award Amount: $37,073
  • Regional Center: Western Extension Risk Management Education Center
  • Grant Program: 2017 Education Projects
  • Project Director: Hernan Tejeda
  • Email: htejeda@uidaho.edu
  • Organization: Regents of the University of Idaho

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Project Overview

This project addressed risk management education topics covering production risk, marketing risk, financial risk and human risk. The topics where addressed through educational workshops which included subject presentations, on-hands exercises (work) with spreadsheets, delivery of fact-sheets, and discussions among peers and presenter(s). The workshops targeted small and medium sized dairies (herd size of up to 1000 cows), as well as young dairy producers, and where delivered in three different locations in Southern Idaho. Locations specifically where Eastern Idaho, Southcentral Idaho (Magic Valley) and Southwest Idaho (Treasure Valley). A three day workshop (one day in November, second day in January and third day in March) was held in each location, and a total of approximately 38 dairy farmers attended and understood, developed, analyzed and discussed: (1) business strategic plans, (2) financial records, (3) investment analysis, (4) balance sheets, (5) succession plans, and (6) risk management decision-making tools.

Number of Participants: 38

Results

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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