Managing the Unknown: Risk and Reward on the Farm with Chris Howard and Dr. David Handley

In this episode of The Maine Farmcast, Dr. Colt W. Knight sits down with Chris Howard, project manager for the University of Maine’s Crop Insurance and Risk Management Program, and longtime Extension Specialist Dr. David Handley to unpack the essential—but often overlooked—topic of managing risk on the farm. From weather disasters and market swings to labor shortages and legal liabilities, they discuss how every farm, no matter the size or experience level, faces a unique mix of risks that can make or break long-term success.Chris and David share practical advice on business planning, farm recordkeeping, and the real value of programs like the USDA’s Pasture, Rangeland, and Forage Insurance, Whole-Farm Revenue Protection, and disaster assistance through the Farm Service Agency. Whether you’re a beginning farmer looking to secure your first enterprise or a seasoned producer facing drought, this episode offers tools and stories to help you protect your farm’s future. UMaine Extension’s crop insurance and risk management programsThe University of Maine System (the System) is an equal opportunity institution committed to fostering a nondiscriminatory environment and complying with all applicable nondiscrimination laws. Consistent with State and Federal law, the System does not discriminate on the basis of race, color, religion, sex, sexual orientation, transgender status, gender, gender identity or expression, ethnicity, national origin, citizenship status, familial status, ancestry, age, disability (physical or mental), genetic information, pregnancy, or veteran or military status in any aspect of its education, programs and activities, and employment. The System provides reasonable accommodations to qualified individuals with disabilities upon request. If you believe you have experienced discrimination or harassment, you are encouraged to contact the System Office of Equal Opportunity and Title IX Services at 5713 Chadbourne Hall, Room 412, Orono, ME 04469-5713, by calling 207.581.1226, or via TTY at 711 (Maine Relay System). For more information about Title IX or to file a complaint, please contact the UMS Title IX Coordinator at www.maine.edu/title-ix/.