Agricultural Economics Department

 

Date of this Version

5-21-2008

Comments

Published in Cornhusker Economics, 5-21-08. Produced by the Cooperative Extension, Institute of Agriculture and Natural Resources, Department of Agricultural Economics, University of Nebraska – Lincoln. http://www.agecon.unl.edu/Cornhuskereconomics.html

Abstract

The North Central Risk Management Education Center (www.ncrme.org) has provided program coordination for extension risk management education in the North Central Region since 2001. Hosted at the University of Nebraska Agricultural Economics Department, the center recently received approval from the United States Department of Agriculture (USDA) Cooperative State Research, Education and Extension Service (CSREES) for an additional $1.2 million in funding through 2010. By that time, six million dollars will have been awarded to the North Central Center for programming in risk management education.

The mission of the center is to provide producers in the North Central Region with the training needed to select risk management strategies that will assist them in achieving their business and family goals, and the tools to take action on those strategies. This results-based program awards funding for projects that clearly identify risk management results for the targeted producers. The center invests in these programs and activities, with the goal of seeing a change in the participants’ risk management behavior.

A second program administered through the Regional Risk Management Education Centers is the Trade Adjustment Assistance Program for Farmers and Fishermen (www.TAAforFarmers.org). This program was established by the Trade Act of 2002 to assist agricultural producers and fishermen in adjusting to import competition. The program provides technical assistance and cash benefits to eligible farmers and fishermen from USDA and access to Department of Labor retraining and education programs.