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In the News  -  November 2009
U of A Division of Agriculture hosts Southern Risk Management Education Center

LITTLE ROCK - Helping producers make the best decisions to achieve their business and family goals is the mission of the Southern Risk Management Education Center, operated by the University of Arkansas Division of Agriculture.

The center will be directed jointly by Dr. Ronald L. Rainey and Dr. Harold L. Goodwin, associate professor and professor of the department of agricultural economics and agribusiness. It is one of four regional centers nationwide that collaborate to educate growers.

The center will coordinate risk management education programs in Arkansas, Alabama, Georgia, Florida, Kentucky, Louisiana, Mississippi, North Carolina, Oklahoma, South Carolina, Tennessee, Texas, Virginia, Puerto Rico and the U.S. Virgin Islands. Center activities will be guided by a highly diverse advisory committee, Rainey said.

"The center will be focused on the five areas of risk: production, marketing, financial, legal, and human resources risks," Goodwin said. "We'll seek comprehensive projects that encourage interaction with growers and grower organizations."

The center will feature collaboration between Division of Agriculture extension faculty at the Little Rock campus and the main campus in Fayetteville, is funded by an annual $1.2 million from the National Institute of Food and Agriculture, part of USDA. The funds support center operations, program development and grants for programming throughout the region. Information about the grants program is available on the center website at http://srmec.uark.edu.

There is additional financial assistance for the center to provide technical assistance to producers adversely affected by import competition.

"Hosting the center provides us with a tremendous opportunity to bring additional strengths to the research-based recommendations we currently provide to our clientele," said Dr. Milo Shult, vice president of the University of Arkansas Division of Agriculture.

The other three centers are The Northeast Center for Risk Management Education, University of Delaware Cooperative Extension; Western Center for Risk Management Education, Washington State University Cooperative Extension; and The North Central Risk Management Education Center, University of Nebraska - Lincoln Extension. There is a national center for risk management that houses the digital library and coordinates the Trade Adjustment Assistance activities The Digital Center for Risk Management Education is operated by the University of Minnesota Extension Ag Risk Education Library.

The Cooperative Extension Service is part of the University of Arkansas Division of Agriculture and offers its programs to all eligible persons regardless of race, color, national origin, religion, gender, age, disability, marital or veteran status, or any other legally protected status, and is an Affirmative Action/Equal Opportunity Employer.

November 20, 2009

Media Contact: Elizabeth Fortune
Extension Communications Specialist
U of A Division of Agriculture
Cooperative Extension Service
(501) 671-2120
efortune@uaex.edu

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