This summer, the University of Maryland (UMD) is partnering with the Maryland Department of Agriculture (MDA) and USDA to create a four-module online training course Maryland Farming Success.
The online training course is separated into four modules designed around preparing farmers for success by providing information about available USDA programs and creating the ability for participants to have a successful business plan, including – mission and goals, enterprise budgeting, risk management, and legal risk management.
The first module in the learning course, Farm Service Agency (FSA) Overview, features speaker USDA FSA Farm Program Chief Robert Wevodau. This module will discuss important program definitions, introduce FSA programs that assist producers and operations, FSA programs focused on beginning, socially disadvantaged, and veteran farmers.
The second module in the learning course, Crop Insurance Basics, features speaker Extension Legal Specialist Paul Goeringer. This module will discuss crop insurance basics, the federal crop insurance program, existing crop insurance products, how to manage risks in a farm operation, possible crop insurance tools, finding a crop insurance agent, and more.
The third module in the learning course, Farm Financial Management, features speaker Extension Educator, Shannon Dill. This module will discuss maintaining financial and production records, household budgets, financial statements, goal setting for farm business success, and personal and farm financial management.
Finally, the fourth module in the learning course, Basic Legal Tool Strategies And Business Organizations, features speaker Extension Legal Specialist Paul Goeringer. This module will discuss legal issues in structuring the farm business, including business structures, risk management strategy tools for legal risks, legal strategies for farm business operations, and other legal competencies.
For more information on the Maryland Farming Success learning course, or to REGISTER, click here.
This material is funded in partnership by USDA, Risk Management Agency, under award number RMA21CPT0011599.
