#riskmanagement

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Note: This website is intended to provide general information about legal issues, crop insurance, farm policy, and other risk management issues and should not be construed as providing legal advice. It should not be cited or relied upon as legal authority. For advice about how the issues discussed here might apply to your individual situation, you should consult an attorney.

Welcome to the Maryland Risk Management Education Blog, provided by the University of Maryland Department of Agricultural and Resource Economics. This blog provides readers with information on risk management issues important to Maryland agriculture, upcoming events, and new materials that may interest readers.

New Resource Helps Farmers with Legal Side of Direct Marketing

Megan Todd

Dec 1, 2020
3 min

New Resource Helps Farmers with Legal Side of Direct Marketing

Legal specialists at the Agriculture Law Education Initiative (ALEI) developed the Legal Guide to Direct Farm Marketing to assist growers.

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Registration for MyFaRM Classes Extended

Nicole Cook

Nov 24, 2020
2 min

Registration for MyFaRM Classes Extended

This article is not a substitute for legal advice. See here for the site’s reposting policy. December 8th is the new kickoff date for the new MyFaRM initiative. “MyFaRM” stands for Mastering Farm Risk Management. The MyFaRM program is free, and offers a series of classes covering all aspects of farm risk management, plus so much more! The MyFaRM program is an incredible opportunity for farmers on the Lower Eastern Shore to get comprehensive information and assistance in deve

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New "MyFaRM" program offers free risk management education for farmers

Nicole Cook

Sep 22, 2020
3 min

New "MyFaRM" program offers free risk management education for farmers

This article is not a substitute for legal advice. See here for the site’s reposting policy. This November, a new initiative called “MyFaRM” (Mastering Farm Risk Management) will deliver free risk management education to farmers about how to develop risk management plans that address all 5 risk areas (financial, human, legal, marketing and production). Keep reading for more information about the program and how to sign up. The MyFaRM program will offer three “tracks” of lear

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Admin

May 4, 2018
2 min

Weekly Roundup May 4th

By Sarah Fielder Why Precision Agriculture Will Change How Food Is Produced Technology like drones, radio frequency (RF), autonomous tractors and IoT applications are playing a role in the transformation of agriculture. To read more about precision agriculture, go here: https://bit.ly/2FEjjaU. Jury Awards Neighbors of North Carolina Hog Farm $50 Million In Nuisance Case A North Carolina jury on Thursday reached an unanimous verdict against pork producer Murphy-Brown LLC in

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Crop Insurance Deadline Nears For Delaware and Maryland Potato Growers

Admin

Jan 3, 2018
1 min

Crop Insurance Deadline Nears For Delaware and Maryland Potato Growers

Press Release The USDA’s Risk Management Agency (RMA) reminds potato growers in Delaware and Maryland that the final date to apply for crop insurance coverage for the 2018 crop year is January 31, 2018. Current policyholders who wish to make changes to their existing policies also have until January 31 to do so. Federal crop insurance is critical to the farm safety net. It helps producers and owners manage revenue risks and strengthens the rural economy. Coverage for potatoes

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Admin

Nov 3, 2017
4 min

Weekly Roundup Nov. 2nd

By Sarah Fielder New Federal Gift Exclusion and Lifetime Exclusion Amounts Announce for 2018 Recently IRS announced that the annual gift exclusion will be $15,000 per person and the lifetime exclusion amount will increase from $5.45 million in 2017 to $5.6 million in 2018. The annual gift exclusion allows a taxpayer to gift up to $15,000 per person taxfree and any amount over $15,000 would be subject to taxes. The lifetime exclusion allows a taxpayer to give up to $5.6 mill

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