| RME-DV002815 MSN125154 |
| Success for Small Beginning Dairy Farmers |
| North Central Risk Management Education Center Unrestricted Grants 2009-2010 |
Overview
This project will train 60 small beginning dairy farmers and help them to apply strategic decision-making regarding financial risks via three workshops across Wisconsin. Follow-ups will be established during workshops to later verify and measure positive application of the learning. To facilitate the adoption of new financial risk management strategies, part of the project will involve the creation of a user-friendly computer decision-making suite (i.e., the Wisconsin Benchmark Dairy Ratio tool) which will be used as an instrument of discussion and learning. The Agriculture Financial Advisor (AgFA©) dataset will be the foundation of these computer tools. Related curricula have been delivered across the state using the FAST tools suite from the University of Illinois. Evaluations have indicated that producers have greatly appreciated these trainings, however, they are requesting similar tools be created for Wisconsin’s specific conditions.
