Taking Charge of Risk

    Agriculture producers are facing an increasing need to manage various types of risk.  Today, changes in government policies, international trade agreements and factors in the world marketplace have increased and shifted risk in several ways.  It is important that farmers understand the types of risk that they must face and develop a positive strategy for addressing these risks.
    Production agriculture is a basic industry and plays a vital role in our community, region and state.  It is vital that we all work together and make every effort possible to insure that the farms of today remain viable.
    A one-day program, presented throughout the state, is a fast paced combination of presentations, small group discussions and hands-on case study activities by participants.  The outline for the one-day program is:

•  Financial Management Strategies for your farm and how lenders view your situation.
•  Production and Revenue Risk Revenue systems to ensure cash flow.
•  Crop Marketing Alternatives in an ever changing global economy.
•  Case Farm Study to apply risk management tools in a hands-on application.

    Why attend this program?
    This program was designed to meet several objectives that should be of importance to your farm in meeting todays challenges.

•  To increase farmers' awareness of the interelationship of risk management decisions.
•  To help improve communications between producers and agribusiness personnel.
•  To increase the farmers level of understanding of the risk management products available.
•  To help agribusiness people better understand the needs of producers.

 
This program is supported by the Michigan Risk Management Committee, made up of representatives from Michigan Farm Bureau, Michigan Agricultural  Business Association, Farm Credit System, Michigan Bankers Association and statewide commodity organizations.

The following links will take you to information presented in this web site:

Workbook: Taking Charge of Risk On Your Farm Workshop (added 02-01-2001)

Contact Information
If you are interested in attending the workshop, please contact:

Dr. Gerald Schwab Department of Agriculture Economics 317A Agriculture Hall Michigan State University East Lansing, MI 48824 517-355-2153 (Phone) Fax: 517-432-1800	Dr. J. Roy Black  Department of Agricultural Economics  305 Agriculture Hall Michigan State University East Lansing, MI  48824-1039 Telephone: 517-353-9649 Fax: 517-432-1800
Email:schwab@msu.edu	Email:blackj@msu.edu