The Economic Impact of Intensive Commodity Price Risk Management Education

Authors

• Dean A. McCorkle, Texas A&M UniversityFollow
• Mark L. Waller, Texas A&M UniversityFollow
• Steve H. Amosson, Texas A&M UniversityFollow
• Stanley J. Bevers, Texas A&M UniversityFollow
• Jackie G. Smith, Texas A&M UniversityFollow

Volume

47

Issue

2

Abstract

Research shows that risk management, and in particular price risk management, has been a major concern for agricultural producers, and as such, has been the target area of a substantial amount of Extension education programming. Analysis of survey results indicate that the Master Marketer program, a 64-hour intensive training program that develops master volunteers who extend the education through marketing clubs, is a valuable Extension program helping producers to better-manage price and production risks. On average, graduates of the program have increased their net income by more than $33,000 annually.

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Recommended Citation

McCorkle, D. A., Waller, M. L., Amosson, S. H., Bevers, S. J., & Smith, J. G. (2009). The Economic Impact of Intensive Commodity Price Risk Management Education. Journal of Extension, 47(2), Article 29. https://doi.org/10.66752/1077-5315.3856