Report The MidAtlantic Women in Agriculture program engages, educates and empowers women on common issues in risk management. Farming is a unique business that has strong ties to family, values and land. These strong ties lead to the need for outreach and education on risk management topics such as financial planning, estate planning, marketing, communication, computer programs, budgeting, insurance and much more. As profit margins slim and expenses rise the importance of mitigating these risks has increased. Women in agriculture programs will: increase knowledge implement risk management increase farm profitability Educate Results include writing an estate plan, compiling farm financial statements, creating a business plan, checking credit reports, marketing products and understanding regulatory information. This network reaches over 500 farmwomen in Maryland and Delaware as well as surrounding states. MidAtlantic Women in Agriculture deliver risk and farm management training to women in the region through a variety of learning environments. These include: 1. Annie’s Project classes – An eight week course offered annually since 2008 has been attended by 514 women held at 20 unique locations across Maryland, Delaware and Virginia. a. Managing for Today and Tomorrow – A six week course that began in 2013 attended by 29 women giving a more in-depth focus on financial and farm transition planning held at three locations across Maryland and Delaware 2. Regional Women in Agriculture Conference Attended by approximately 175 participants annually across five states featuring keynote presenters and breakout sessions for participants to choose from. 3. Social Media and Outreach – Created to maintain network and education. Social media outlets such as Pinterest, Facebook and twitter. Also utilize quarterly newsletters, reunion meetings, farm tours and monthly webinars. Annie’s Project Annie’s Project is a national farm management program for women with approximately 24 hours of classroom time. It provides tools and resources for women in agriculture to gain more knowledge of farm operations and the business. It empowers women with the knowledge to make educated decisions for their family and their future. In 2008, Annie’s Project began in Maryland at one site. In 2010, the project expanded to 10 sites in Maryland and Delaware and in 2015 added a site in Virginia. Annie’s Project Participants Locations of Annie’s Project Classes Average Age Acres Owned Acres Farmed Years Farming Average Years Farming 45 51,187 118,958 4,575 17.8 N=317 Evaluation data has been collected since the beginning of Annie’s Project. This includes an end of class evaluation and an 18 month web based, follow up evaluation. There are eight topic areas that participants learn in class and are encouraged to implement following the class to improve farm management. The following chart shows the percentages of respondents who intended to take action and the 18 month follow up of those that implemented that action. Annie's Project Evaluation Summary End of Class (n=348) 18 Month Follow Up (n=141) Increase communication and family relations 83% Update/create estate plans 93% 61% Prepare financial statements 92% 51% Check credit reports 92% 65% Use computers to increase farm efficiency 74% Write business and marketing plans 54% 20% Change insurance policy 73% 37% 0% 10% 20% 30% 98% 97% 42% Review property titles and lease agreements 94% 40% 50% 60% 70% 80% 90% 100% Participants conclude the program with a high intent to write business and marketing plans, use computers, check credit reports, prepare financial statement, update estate plans, and positively increase community and family relations. Writing business and marketing plans was an action that participants wanted to do (97%) and 42% actually followed through. Checking credit reports, updating estate plans, and positively increasing family communications were the actions that the greatest majority of participants engaged in. Comments from Surveyed Participants End of Class “Women involved in agriculture in any way can benefit from these topics, even if the involvement is still in dream form. This provides the inspiration and sparks initiative” “Great opportunity for women to share ideas and experiences, supportive atmosphere” “Annie's will change our destiny both on the farm, and my personal business” “Re-confirms and re-empowers me as a business partner in our operation.” 18 Month Follow Up “Learned more about QuickBooks and now we do our own quarterly statements instead of our CPA” “I am keeping better records, improved grain marketing and changed insurance policies” “We have been able to sit down and begin planning our farms’ future” “I enjoyed the project. It did make us re-think our trusts. It made us purchase an umbrella insurance policy.” A medium-term outcome of Annie’s project is to help ensure the economic viability of farming operations. Data obtained from the participants indicate that the program is successful in this regard. When asked if Annie’s Project has increased their profitability 43% responded that yes it has. A range of dollar increases were then available for selection. The average Annie's project participant since 2008 has increased farm profitability between $2,165.31 and $3,780.84 with the average participant increasing farm profitability by $3,123.96. Increase in Farm Profitability 43% 50% 0% Annie’s Project: Managing for Today and Tomorrow (MTT) Farm women are generating a cultural tide in American agriculture that is moving management, assets and opportunities to a new wave of farms across the country. Managing for Today and Tomorrow focuses on the management process and decisions needed to make successful transitions. It includes 18 hours of classroom time with hands-on activities, interaction with local professionals and up to date resources. Participants of all ages and experience levels practice tasks to increase confidence in setting goals, nurturing effective family conversations, and defining the farm legacy. MTT has been completed by 29 women in Maryland and Delaware. Through pre and post assessments participants were more confident with farm transition gaining 15% more knowledge and implementing 5% by the end of class. Comments from the end of session evaluations reinforce participants intentions. “After taking the course, I am an "educated" farm woman - not just the farm runner and bookkeeper” “Annie "Harvests" in the office too! Sweeping files to completion!” “I enjoyed all of it. I have learned a lot from the other ladies” Regional Women in Agriculture Conference The goal of the Annual Women in Agriculture Conference is to bring all women across cultures who are interested in agriculture together for a regional conference. The conference focuses on all five areas of risk management and provides tools which will enable women in agriculture to make more informed decisions regarding their agribusinesses and risk management. It is a collaboration with two other states, New Jersey and Delaware, so as to maximize resources and reach a larger audience. The conference has served as an institution where attendees participate, learn and improve management skills for their business and families. Another important aspect of this conference is the networking opportunity it provides for women to learn and share with other women a similar business field. Past years’ conference evaluations have indicated that participants gain as much knowledge from session speakers as they do from networking with other participants. End of Conference Results 52% of participants have attended over 4 years of the conference 46% made changes in their agricultural business as a result of past conferences 98% rate the event as good or excellent 99% rate the educational value as good or excellent 94% rate the opportunity for discussion and networking as good or excellent 97% felt more prepared to make informed decisions on the farm For more information: www.extension.umd.edu/annies-project www.extension.umd.edu/womeninag QR Code: Women In Agriculture Website Follow us on Facebook: www.facebook.com/MidAtlanticWomenInAgriculture Follow us on Pinterest: www.pinterest.com/womeninagma Twitter: @MidAtlanticWIA The University of Maryland Extension programs are open to any person and will not discriminate against anyone because of race, age, sex, color, sexual orientation, physical or mental disability, religion, ancestry, national origin, marital status, genetic information, political affiliation, and gender identity or expression. Document Updated 05/06/2015