Project Grant 20187002728588

Award Date 9/1/18
Completion Date 8/31/23
Dollars Obligated $4.3M
Federal Grant Program
10.520
Assistance Type
Project Grant
Place of Performance
Newark, DE 19716, USA
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THE PRIMARY PURPOSE OF THE NORTHEAST CENTER IS TO FULFILL USDA'S GOAL OF ENSURING A STRONG FARM FINANCIAL SAFETY NET BY PROVIDING U.S. AGRICULTURAL PRODUCERS AND THEIR FAMILIES, AS APPROPRIATE, WITH KNOWLEDGE, SKILLS AND TOOLS NEEDED TO MAKE INFORMED RISK MANAGEMENT DECISIONS THAT MAY ENHANCE THE PROFITABILITY OF THEIR OPERATIONS. THE CENTER, IN CONJUNCTION WITH THE OTHER REGIONAL CENTERS, ANNUALLY CONDUCTS THE EXTENSION RISK MANAGEMENT EDUCATION (ERME) COMPETITIVE GRANTS PROGRAM. THE ERME PROGRAM PROVIDES FUNDING TO BOTH PUBLIC AND PRIVATE ORGANIZATIONS FOR EDUCATIONAL PROJECTS DESIGNED TO IMPROVE THE ABILITY OF AGRICULTURAL PRODUCERS TO EFFECTIVELY MANAGE THE RISKS ASSOCIATED WITH THEIR AGRIBUSINESSES. THIS PROGRAM'S MISSION, "EDUCATING AMERICA'S FARMERS AND RANCHERS TO MANAGE THE UNIQUE RISKS OF PRODUCING FOOD FOR THE WORLD'S TABLE", IS DIRECTLY ALIGNED WITH USDA STRATEGIC GOALS FOR 2018-2022. A KEY FEATURE OF THE PRODUCER-FOCUSED PROGRAM IS THAT IT IS "RESULTS-BASED" - AWARDS ARE MADE TO PROJECT DIRECTORS WHO CLEARLY IDENTIFY RISK MANAGEMENT RESULTS FOR THE PARTICIPANTS. THE RESULTS ARE THE SPECIFIC, MEASURABLE AND VERIFIABLE RISK MANAGEMENT OUTCOMES THAT PRODUCERS WILL UNDERSTAND, ANALYZE, DEVELOP, DECIDE OR IMPLEMENT IN MANAGING THEIR AGRIBUSINESSES, AND WHICH WILL ULTIMATELY ENHANCE THEIR ECONOMIC VIABILITY. AS INVESTORS OF THE FEDERAL RESOURCES DESIGNATED FOR RISK MANAGEMENT EDUCATION THROUGH ARPA, THE ERME CENTERS (AND THUS NIFA) ARE NOT FUNDING PROJECT TEAM ACTIVITIES, BUT RATHER A CHANGE IN RISK MANAGEMENT BEHAVIOR FOR A GROUP OF PARTICIPATING PRODUCERS. IN ITS ROLE AS A REGIONAL RESOURCE, THE NORTHEAST CENTER PROVIDES LEADERSHIP AND COORDINATION, ESTABLISHES PRIORITIES FOR RME PROGRAMMING, AND DISSEMINATES INFORMATION REGARDING RISK MANAGEMENT ACTIVITIES OCCURRING THROUGHOUT THE NORTHEAST AND THE NATION. TODAY'S FARMERS AND RANCHERS FACE AN UNPRECEDENTED RISK ENVIRONMENT, AND WHEN A SPECIFIC EDUCATIONAL NEED ARISES, THE NORTHEAST CENTER POSSESSES THE CONTACTS AND THE RESOURCES TO ENSURE THAT THE NEED IS PROMPTLY ADDRESSED.

Posted 8/31/18, 12:00 AM