National Risk Management Initiative

Full Name: National Risk Management Initiative

Duration: 2023 – 2028

Project Lead: Hart Field-Site Group

Funding Body: Grains Research & Development Corporation (GRDC)

Objective/s:The National Risk Management Initiative (NRMI) aims to understand and improve risk-reward outcomes for Australian grain growers through participatory action research (PAR).

The NRMI involves grower groups across South Australia including Hart Field Site Group (lead), Upper North Farming Systems, Mid-North High Rainfall Zone, Murray Plains Farmers and Northern Sustainable Soils.

Explicitly the NRMI aims to:

1. develop an improved understanding of the risk-reward relationships for important on-farm management practices and decisions,
2. inform growers and their advisers of new insights into managing risks and maximising rewards, and challenge grower decision-making so future management decisions are thought of in terms of probability of upside returns offset against the associated downside risks

Learn more about this project HERE

Contact: Jade Rose, UNFS Program Manager, 0448866865