About Farm Risk

Managing Farm Risk is the result of a collaboration between Purdue University’s Center for Commercial Agriculture, the Indiana Soybean Alliance and the Indiana Corn Marketing Council to help agricultural producers better understand and manage risk in a challenging agricultural environment. Together, we strive to provide farmers with tools, strategies and resources to help ensure the long-term success of their operations.

About the Purdue University Center for Commercial Agriculture

Purdue University’s Center for Commercial Agriculture was founded in 2011 to be the premier provider of professional development and educational programs for farmers. Including renowned faculty and research in program design, development and delivery, differentiates center programs within the industry. Housed in the Department of Agricultural Economics, the center’s award-winning, diverse and experienced faculty and staff develop and execute unique and relevant research and educational programs that address the distinctively different needs of managing in today’s volatile business environment.

The resources the center brings to the table are extensive—academic expertise from both inside and outside of the agricultural industry, forward thinking about trends in the domestic and international agriculture marketplace, and an understanding of real-world management practices for farm businesses across the country.

About the Indiana Soybean Alliance

The Indiana Soybean Alliance (ISA) is a statewide organization that serves Indiana soybean farmers. It was formed in 2006 after a historic merger between the Indiana Soybean Board (ISB) and the Indiana Soybean Growers Association (ISGA).

ISA is recognized by the Secretary of the U.S. Department of Agriculture as a Qualified State Soybean Board (QSSB), as defined in the Soybean Promotion & Research Act (SPARC – soybean checkoff program), for the state of Indiana to manage the Indiana soybean checkoff program. The checkoff’s purpose is to fund research, promotion and educational programs that enhance soybean production and use and distribute industry information through the following program areas:

  • Livestock
  • Biodiesel
  • Grain Marketing
  • Production and Research
  • Environmental Programs
  • New Use Innovation
  • Aquaculture

About the Indiana Corn Marketing Council

Established in 2001, the Indiana Corn Marketing Council (ICMC) consists of 17 farmer-directors who are elected and charged with overseeing the investment of state corn checkoff funds.

ICMC directors are responsible for ensuring that those funds are used in programs that can strengthen Indiana’s corn industry.

To advance its vision for Indiana agriculture, ICMC has developed a strategic plan and road map focused around priority areas needed to grow the Indiana corn industry. Activities revolve around market development, production research and farmer services in the following areas:

  • Ethanol
  • Infrastructure
  • Livestock
  • Exports
  • Marketing
  • New Uses
  • INField Advantage (formerly On-Farm Network)
  • Production Research
  • Risk Management

 

Center for Commercial Agriculture, Krannert Building, Room 662, 403 W. State Street, West Lafayette, IN 47907, (765) 494-7004

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