Completed Project Report


Risk and Reward: Understanding Yield-Price Correlation to Make Better Marketing and Crop Insurance Decisions

  • Award Amount: $31,568
  • Regional Center: North Central Extension Risk Management Education Center
  • Grant Program: 2019 Education Projects
  • Project Director: Jessica Groskopf
  • Email: jgroskopf2@unl.edu
  • Organization: University of Nebraska-Lincoln

Extension RME Regional Centers
Extension Risk Management Education Region Map

Project Overview

The yield-price relationship along with the level of production risk are the key components for farmers to understand in order to make informed grain marketing and crop insurance decisions.  This becomes especially important for those outside of the primary growing region like the corn belt. Risk and Reward: Understanding Yield-Price Correlation and Production Risk to Make Better Marketing and Crop Insurance Decisions was a one-day workshop held in Scottsbluff, West Point and Clay Center Nebraska. Eighty-three farmers participated in this educational event. The workshop was designed to assist Nebraska farmers improve their grain marketing strategies and crop insurance policy selection by incorporating the yield-price relationship and yield risk into their marketing plan.

Number of Participants: 83

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

DESCRIBE ANY UNEXPECTED RESULTS OF THE PROJECT:

HOW WOULD YOU IMPROVE THE PROJECT IF YOU WERE TO DO IT AGAIN?

WHAT WERE THE KEYS TO SUCCESS FOR YOUR PARTICIPANTS?

INDIVIDUAL STORIES / EXAMPLES OF SUCCESS / QUOTES