Category Archives: risk management

Staying Competitive in Maturing Local Food Markets

“As local food markets mature and competition increases, it’s becoming harder for experienced farmers to maintain market share and new farmers to break in”, says Rose Wilson, business development expert.  In a maturing market, while overall direct sales of Vermont farms are increasing, the rate of growth is decreasing. Continue reading

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Posted in Facts & Figures, Financial Mgmt, Marketing, Resources for Beginning Farmers, risk management

Why Consider Crop Insurance?

Jake Jacobs, UVM Agricultural Risk Management Education Coordinator The immediate answer to the question – why consider crop insurance –  is simple: agricultural production is risky business. If weather were more predictable, agricultural producers would have no problem planning for … Continue reading

Posted in Financial Mgmt, Goals, Insurance, Resources for Beginning Farmers, risk management

Safety Net Widens for the Whole Farm

Jake Jacobs, UVM Agricultural Risk Management Education Coordinator Whole-Farm Revenue Protection (WFRP) allows producers, who previously had limited access to a risk management safety net, to now insure all of their farm’s commodities at one time. This coverage protects crop … Continue reading

Posted in Insurance, Resources for Beginning Farmers, risk management, Uncategorized | Tagged