210 W. Broadway
Ritzville, WA 99169
PNW Risk Management Project? Send us mail!
& Private Partnership Understanding Agriculture's Risk
by: USDA Risk Management Education Initiative
Cooperative State Research Education and Extension Service
USDA Risk Management Agency
Commodity Futures Trading Commission
USDA Office of Outreach
Learning materials and decision tools for Agricultural Risk
Managing Financial, Production, and Price Risk.
The Pacific Northwest
Risk Management Education Project provide risk management education
opportunity for cereal grain producers in the Pacific Northwest
(PNW) region of Idaho, Oregon, and Washington.
Is defined as the
interrelated areas of financial risk, market (price)
risk, and production risk. The education effort will
concentrate on understanding and integrating these three sources
of risk into effective management decision-making. Cereal grain
producers were selected for the initial effort for the following
Production of cereal
grains are common in many areas of the PNW region.
(Fair Act, GATT, NAFTA) exposes grain producers to sources of
risk not previously experienced.
Many of the new
crop insurance products introduced in the PNW have a cereal grains
The Pacific Northwest
Risk Management Education Project was funded by the USDA's Risk
Management Education Initiative with the help of the Cooperative
State Research Education and Extension Services (CSREES), Risk
Management Agency (RMA), Commodity Futures Trading Commission
(CFTC), and USDA Office of Outreach. Five million dollars was
allocated in federal fiscal year 1998 for risk management education.
Of that money 3 million dollars was allocated for national competitive
grants. The Pacific Northwest Risk Management Education Project
was one of 17 to receive funding.
...to all the partners
on the coordinating committee who made this project a success.
The coordinating committee consisted of commodity brokers, farmers,
insurance agents, lenders, grain growers associations, tribal
organizations, the regional risk management agency, community
college farm business management instructors, and extension educators.
We appreciate the time and effort the committee members devoted
to the project. Thank you.