The Southern Risk Management Education Center, in conjunction with the North Central, Northeastern, and Western Centers announces competitive funding opportunities for educational projects designed to help agricultural producers improve their economic viability through targeted risk management strategies. All applications are due by 5 PM CST, Thursday, November 14, 2024. VIEW THE COMPLETE RFA HERE: https://lnkd.in/gvZrwmbj
Southern Risk Management Education Center
Education
Little Rock, Arkansas 148 followers
Our mission is to educate farmers and ranchers to manage the unique risks of producing food for the world’s table.
About us
The Southern Risk Management Education Center (SRMEC) was established at the University of Arkansas Division of Agriculture in 2009. It is funded by the USDA National Institute of Food and Agriculture (NIFA) and is one of four regional Extension Risk Management Education Centers located throughout the country. Our mission is to educate farmers and ranchers to manage the unique risks of producing food for the world’s table.
- Website
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http://www.srmec.uada.edu
External link for Southern Risk Management Education Center
- Industry
- Education
- Company size
- 2-10 employees
- Headquarters
- Little Rock, Arkansas
- Type
- Government Agency
- Founded
- 2009
Locations
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Primary
Get directions
2301 S University Ave
Little Rock, Arkansas 72204, US
Employees at Southern Risk Management Education Center
Updates
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SRMEC Grant Funds in Action!
🎙️EPISODE 6 of our labor podcast series launches now! This episode features Jackie Edwards, co-owner of Corn Silk Farms LLC (grain farm), Joey Knight from Joey Knight Farm (tobacco and cattle), and Dalton Armstrong from Armstrong Tobacco Farms, discussing their experience with the H-2A program. Don't miss it! 🔗 tiny.utk.edu/laborpodcast GAP Connections Inc. | Southern Risk Management Education Center #H2A #LetsTalkAboutLabor #laborneeds #agriculturepodcast #VisaProgram #usfarmers
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Southern Risk Management Education Center reposted this
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Crop Insurance Navigators recently attended the Tennessee State University Small Farm Expo in Nashville. A range of topics were covered, including organic agriculture and backyard poultry production. Learn more about this event here: https://lnkd.in/g_fe7geD Connect with a Crop Insurance Navigator in your region! https://lnkd.in/gqWn6rSF
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We're excited to share three funding opportunities through the Southern Extension Risk Management Education Center to help overcome barriers to agricultural risk management. The RFA will be released on September 16! Learn more: https://lnkd.in/gw7yE8-e Want to be the first to know about opportunities like this? Join our mailing list: https://lnkd.in/gmJGb_aA
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Take a look at this insightful article from the AAEA - Agricultural & Applied Economics Association, co-authored by our very own #SRMEC Associate Center Directors, Lawson Connor and Hunter Biram!
🎉 Early view at AAEA - Agricultural & Applied Economics Association AEPP with Dylan Turner, Hunter Biram, Lawson Connor on " Actuarial Implications of Prevented Planting Coverage " https://lnkd.in/gT5mvhkW 🚜Within the FCIP, prevented planting (PP) plays a crucial role in managing pre-planting costs when adverse conditions prevent crops from being planted. Since PP losses are not considered production losses, it raises questions about the impact on actuarial soundness. 🌦️ 💡Utilizing a dataset of 77,697 county-level observations from the USDA Risk Management Agency, our study examines the influence of prevalent PP claims on actuarial outcomes over the past decade. 🔍 The findings indicate that while overall loss ratios remain stable, regions with a heavy reliance on PP coverage (exceeding 20% of total indemnities) experience notable increases in loss ratios. This suggests a more complex financial impact of PP than previously understood. 📊Simulating PP indemnities as production losses suggests potential improvements in loss ratios. However, this approach may lead to higher premiums, which could influence the demand for crop insurance—highlighting the need for a balanced approach. 📝 For a detailed analysis of our findings and their broader implications for the FCIP and agricultural insurance markets, please visit the full paper: https://lnkd.in/gT5mvhkW National Crop Insurance Services, USDA Risk Management Agency, Southern Risk Management Education Center, University of Arkansas Department of Agricultural Economics & Agribusiness
Actuarial implications of prevented planting coverage
onlinelibrary.wiley.com
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Crop Insurance Navigator Project Specialist David Stephens recently attended the 4th Annual Sustainable Forestry and African American Land Retention Joint Regional Conference hosted by Prairie View A&M University. The Sustainable Forestry and African American Land Retention Program (SFLR) aims to assist African American forest landowners with addressing heirs' property issues and forest management planning to retain land and build wealth. Learn more here: https://lnkd.in/gDzkKX8j Connect with a Crop Insurance Navigator near you! https://lnkd.in/gqWn6rSF
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Celise Weems has over 15 years of experience in agriculture, ranging from sales to compliance to risk management. She’s been with the SRMEC for 8 years and currently serves as a Program Manager, primarily facilitating education and technical expertise to producers, also working closely with 1890 small farm programs. Celise is certified as a Local Food Leader through Iowa State University and certified in Mental Health First Aid. She has served in several committee roles for the Extension Risk Management Education program and participated in a number of intercultural competency initiatives. As part of the inaugural phase of the AgFTap program, Celise aims to empower farmers and agricultural practitioners with a deeper understanding of tax and asset protection in their operations. She emphasizes that tax literacy is becoming an essential component of financial education in today's economic climate, “it’s more than just filing forms annually; it’s about making informed decisions that can profoundly affect a business’s financial health and long-term success." Learn more about educational training and resources through AgFTAP here: https://agftap.org/
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"The preservation of land for future generations and the creation of family legacies is an important part of the U.S. agricultural heritage. Unfortunately, many families are left vulnerable to losing their land or face complicated management decisions. This occurs because the land is passed down from one generation to the next without an appropriate transition plan or without a properly probated will."- Read more in the latest Southern Ag Today article, Land Ownership and the Preservation of Family Farm Legacies. https://lnkd.in/guFJ6-y8
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Southern Risk Management Education Center reposted this
Farmer Veteran Coalition, in partnership with Native Agriculture Financial Services, invites you to join our Comprehensive Risk Management in Agriculture webinar series! The entire webinar series is listed below (all held at 2pm CST): - Introduction to Risk Management, September 19, 2024 - Production Risk - Emergency Preparedness, November 21, 2024 - Taxes, December 17, 2024 - Business Entity, December 19, 2024 - Estate Planning, January 16, 2025 - Legal Risk, February 20, 2025 - Human Risk, April 17, 2025 - Financial Risk, May 15, 2025 The inaugural webinar of this series is titled "Introduction to Agricultural Risk Management". The session will provide a comprehensive overview of how identifying and managing various risks - such as weather, market fluctuations, and resource constraints - can significantly benefit farm operations. We will discuss practical tools and approaches tailored to the unique challenges of underserved communities, aiming to enhance their resilience and long-term sustainability. To register for the first webinar, click the link below: https://lnkd.in/gN3Vzyz7 #NAFS #NativeAgFinance #ERME #NCERME #SERME #WERME #FVC #VeteranFarmers #NativeAmericanFarmers #FarmEducation
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