Completed Project Report


Risk Management Tools and Resources for Western Livestock Producers

  • Award Amount: $99,591
  • Regional Center: Western Extension Risk Management Education Center
  • Grant Program: 2020 ERME Underserved
  • Project Director: Ryan Feuz
  • Email: ryan.feuz@usu.edu
  • Organization: Utah StateUniversity

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Project Overview

USU worked with Master Stockman Consulting (MSC), RMA and 7 partner organizations to deliver training in risk management and crop insurance topics to the underserved audience of livestock producers within the western states. The Utah based PRF insurance decision tool was adapted for use within Idaho, Wyoming, and Colorado. We provided training on how to use the PRF insurance tool as well as how to understand and mitigate basis risk when using PRF insurance. We also provided additional training focused on managing production and economic risks to meet the specific needs of the underserved audience of sheep producers.

A total of fifteen workshops were held in California, Idaho, Montana, Wyoming, Colorado, and Utah reaching 388 livestock producers.  Eight YouTube educational videos targeting new, small and traditional sheep producers were developed and published. To date the YouTube videos have been viewed collectively just under 1000 times with views continuing to increase monthly.  Farmers and ranchers who participated in the workshops and/or viewed the online videos and other curriculum were prepared to make informed decisions concerning the use of risk mitigation practices including the use of insurance. These informed decisions help increase the long-term economic sustainability and profitability of the farm/ranch.

Number of Participants: 1862

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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