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K-State, USDA develop online risk management library

A variety of risk management resources are available to crop growers, and now cattle producers have a centralized place to find risk management resources. The new Cattle Risk Management Information Library is posted on the Web.

The library is available through Kansas State University's AgManager website (www.agmanager.info/crmil/). The resource is the culmination of a partnership between the U.S. Department of Agriculture's Risk Management Agency and K-State's Department of Agricultural Economics and Department of Computing and Information Sciences.

"The library is designed to provide cattle risk management information in an easy-to-use, centralized location," said James Mintert, state ag economics extension leader for K-State Research and Extension.

It makes a wide variety of information available for cow-calf, feeder, and fed cattle producers, he said. The information can be categorized by such key risks as price, financial, and production.

In addition to including K-State and USDA-RMA information, the on-line library has links to other resources, with special emphasis on information available from other U.S. universities.

For example, one paper on the site compares differences in fed cattle prices across various marketing arrangements. Its contributing authors are from Colorado State University, Iowa State University, RTI International and The World Bank.

Another library offering is USDA Economic Research Service information on production costs.

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