This is a three-session series of workshops - January 14, February
11, and March 11. Participants are required to attend all three
workshops. Many farmers are looking toward the 2014 spring
planting season with renewed optimism. This year, farmers endured
record rainfall during late spring and summer, which flooded fields and
damaged crops causing profits to decrease. One question these farmers
will be asking this upcoming year is how they can better manage risk.
Risk has always been a part of agriculture, but farming in America has
changed drastically over the past few years. Increasingly, farmers are
learning that it is now a game with new risks. The most successful
farmers are now looking at a deliberate and knowledgeable approach to
risk management as a vital part of their plan. For them, risk
management means farming in a more rapidly changing world. It is the
ability to deal with risks that comes with new farming opportunities.
Farmers generally deal with five types of risks. They are: 1. Production
2. Marketing
3. Financial
4. Legal Issues
5. Human Resource Issues
Farmers will have the opportunity to learn more about these
risks and develop their personal risk management plan by attending a
series of Risk Management Workshops. The objective of these workshops
is to teach farmers how to understand and implement farm business
planning principles for successful risk management decision-making. By
attending these workshops, farmers can learn about new risk management
tools and services along with those already established. With these
tools, local farmers can build the confidence they need to deal with
both the risks and the exciting opportunities for the future. Preregistration
is required to participate and participants are required to attend all
three workshops. Please register early as space is limited to 35
participants. Travel to the workshops will be reimbursed and lunch will
be provided. The deadline for registration is January 7. Location: O. P. Owens Agriculture Center Contact: Nelson Brownlee (Nelson_Brownlee@ncsu.edu)
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