Agricultural Economics, Department of
Cornhusker Economics
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25 Years of Building Resilient Agriculture: Extension Risk Management Education and the North Central Center
Date of this Version
5-6-2026
Document Type
Newsletter Issue
Citation
Cornhusker Economics, May 6, 2026
Agricultural Economics, University of Nebraska-Lincoln
Abstract
For 25 years, USDA’s National Institute of Food and Agriculture Extension Risk Management Education (ERME) program has helped farmers and ranchers navigate the growing complexity of agricultural risk. Created under the Agricultural Risk Protection Act of 2000, ERME was established in response to shifting market conditions, farm policy reforms, and evolving crop insurance programs. In the more than two decades since, the risks facing producers have continued to grow. Producers have managed through the bioenergy and agricultural commodity boom cycle, the economic challenges of the Great Recession, and the supply chain and market shocks for the COVID-19 pandemic. They have also coped with droughts, floods, and other weather disasters, and now face disruption from trade and policy uncertainty that adds to the wide range of shocks producers have had to manage. Throughout these challenges, ERME has remained focused on equipping producers with the knowledge and tools to manage production, marketing, financial, legal, and human risks while strengthening the long-term success of their operations.