FaRM
Educating Underserved and Socially Disadvantaged Farmers on Risk Management and Mitigation
Project Overview
This 18-month project addresses risk management and mitigation approaches related to production, financial, and human risks and provide information available to beginning, Latino, limited resources (LR), and socially disadvantaged (SD) specialty crop producers. It helps producers identify and mitigate risk and provides information on crop insurance and disaster assistance programs. These activities help producers improve their economic sustainability by deepening their knowledge of risk management and mitigation issues, encouraging behavioral change, and promoting the development of relationships with insurance agents, educators, and technical service providers.
This project offers bilingual webinars and coordinates workshops designed for Latino, beginning, and socially disadvantaged producers at the Michigan Family Farms Conference. It includes:
- An overview of farming risks
- An introduction of basic social capital concepts including its five motives
- An introduction to how social capital facilitates the risk mitigation process within the farm
- The different approaches available to farmers to respond to production and financial risks
- An in-depth analysis of crop insurance for/and mitigation of financial risks options
- Information for selecting and approaching insurance agents, policy options, and eligibility requirements
Farm Risks
Farm Insurance Programs
Farm Risk Management
This project offers bilingual webinars and coordinates workshops designed for Latino, beginning, and socially disadvantaged producers at the Michigan Family Farms Conference.