North Central Extension Risk Management Education Center Helps Producers Manage Risks

Authors

Christine Lockert, University of Nebraska-LincolnFollow
Sheila Aikanathan Johnson, University of Nebraska-LincolnFollow
Bradley D. Lubben, University of Nebraska-LincolnFollow

Date of this Version

5-8-2024

Document Type

Article

Citation

Cornhusker Economics (May 8, 2024)

Agricultural Economics, University of Nebraska-Lincoln

Also available at https://agecon.unl.edu/north-central-extension-risk-management-education-center-helps-producers-manage-risks-0

Abstract

Established in 2001, the North Central Extension Risk Management Education Center (NCERMEC) has a long history of supporting risk management education programs serving producers in the region. Located at the University of Nebraska-Lincoln Agricultural Economics Department, the Center is one of four regional Extension Risk Management Education (ERME) Centers located throughout the country. ERME is funded through USDA’s National Institute of Food and Agriculture (NIFA) and was authorized by the Agricultural Risk Protection Act of 2000. The fundamental purpose of the ERME program is to educate producers to manage risk and position their farm or ranch for future growth and success by encouraging and funding innovative programs across the country and helping programs focus on tangible results.

Through the Extension Risk Management Education Competitive Grants Program, ERME provides funding for outcomes-based risk management education projects designed to empower producers with the knowledge and tools necessary to navigate the uncertainties inherent in agricultural operations which may result in wide swings in farm income or threaten the economic viability of the farm and ranch.