Risk Management for Pork Producers

Name and Position/Title:
Russ Euken, Extension Livestock Specialist

Fiscal Year Submitted:
2010

POW Title and Number:
150 Iowa Pork Industry Center

Title:
Risk Management for Pork Producers

Issue:
The pork industry like many other industries has been losing money. Producers who own pigs have been taking large losses and there is new interest in looking at risk management tools to help limit the losses in the future.

What Did You Do?:
Two meetings were scheduled as a part of a risk management grant obtained by Dave Stender and Tom Olsen.  The meetings highlighted the use of risk management tools in a workshop situation that allowed producers to use the tools in a real life situation

Results:
After meeting evaluation showed that 2/3 were more aware or learned more about risk management and tools that were available. One third intended to use more risk management strategies or tools.  Twelve responded that the program was worth over $59,000 in value to them.

2010

150 Iowa Pork Industry Center

 

Page last updated: June 30, 2010
Page maintained by Linda Schultz, lschultz@iastate.edu