The economic impact of intensive commodity price risk management education Academic Article uri icon

abstract

  • Research shows that risk management, and in particular price risk management, has been a major concern for agricultural producers, and as such, has been the target area of a substantial amount of Extension education programming. Analysis of survey results indicate that the Master Marketer program, a 64-hour intensive training program that develops master volunteers who extend the education through marketing clubs, is a valuable Extension program helping producers to better-manage price and production risks. On average, graduates of the program have increased their net income by more than $33,000 annually. © Copyright by Extension Journal, Inc.

author list (cited authors)

  • McCorkle, D. A., Waller, M. L., Amosson, S. H., Bevers, S. J., & Smith, J. G.

publication date

  • April 2009