Completed Project Report


Expanding Extension Risk Management Education Using Insurance and Non-Insurance Based Tools for Small Farmers and Ranchers in Selected Counties in Florida

  • Award Amount: $49,891
  • Regional Center: Southern Extension Risk Management Education Center
  • Grant Program: 2020 Education Projects
  • Project Director: Samuel Scott
  • Email: nsied2002@aol.com
  • Organization: North-South Institute

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Project Overview

The long-term goal of this project is to expand extension risk management education using selected Insurance and Non-Insurance Based Tools to inform, train, and motivate the targeted beneficiaries to act in developing and implementing sound risk management plans and strategies on their farms and ranches. So far, the project has reached 202 small and medium-sized limited resource, socially disadvantaged, women tenant, veteran, beginning producers within seven (7) clusters covering 37 counties of Florida.  These producers have commenced their training in understanding how to participate in USDA COVID-19 Risk Mitigation programs.  As of the Second quarter they will be trained in using two Insurance Based tools (Whole-Farm Revenue Protection - WFRP and Noninsured Crop Disaster Assistance Program - NAP) and three Non-Insurance Based tools (Product and Enterprise Diversification; Food Safety Liability with GHP/GAP; Farm Financial Record Keeping/Tax Planning, and Cash Flow Management).  The objectives are (a) to improve the participation of producers in insurance-based risk management products, and (b) use simplified non-insurance-based tools as the foundation for risk mitigation strategies. The expected results linked to these extension educational activities are (a) at least 30% of beneficiaries maintaining records over the next 18 months such that they can qualify for the WFRP; (b) 64% participate in NAP; and (c) 80% develop the competence after exposure to implement non-insurance-based risk management tools on their farms and ranches.

Number of Participants: 202

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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