Risk Management agency and university of nebraska , lincoln partnership

1. An Overview Risk Management agency and university of nebraska , lincoln partnership

2. RMA’s Vision Help producers manage their business risks through effective, market based risk management solutions around the country.

3. RMA’s Mission • Promote, support, and regulate sound risk management solutions to preserve and strengthen the economic stability of America’s agricultural producers. • RMA operates and manages the Federal Crop Insurance Corporation (FCIC).

4. USDA Risk Management Agency • RMA, via the FCIC, provides crop insurance to American producers. • Over 40 crop programs alone in CA • Private-sector insurance companies sell and service the policies • Sponsors educational and outreach programs and seminars on the general topic of risk management.

5. The Agricultural Risk Protection Act (ARPA) of 2000 provides RMA with the authority to enter into Partnerships with public and private entities for the purpose of increasing the availability of loss mitigation, financial and other risk management tools for producers – to develop non-insurance risk management tools. PARTNERSHIPS

6. Risk Management Research Partnerships Partnerships are wide ranging, multi-year research projects that will offer new and innovative approaches to risk management that extend beyond traditional crop insurance products.

7. Partnership The National Drought Mitigation Center (NDMC) and the University of Nebraska-Lincoln (UNL) Computer Science and Engineering Department are partnering with the United States Department of Agriculture Risk Management Agency (RMA)

8. Tools • VegDRI & VegOUT • Drought Impact Reporter • Drought Monitor Decision Support System/Drought Atlas • The GreenLeaf Project

9. RISK MANGEMENT AGENCY 430 G ST AGENCY DAVIS CA 95616 530-792-5870 rsoca@rma.usda.gov