S. Clifton Parks

President

Clif Parks is President of AgriLogic Consulting, LLC, a dynamic and innovative supplier of risk analysis products and services to the agricultural, financial and insurance industries. Mr. Parks has extensive experience in crop insurance program development, expert review, portfolio management, and operation for both the federal and private crop insurance programs. This has included the development of an array of actuarial, econometric, time series, and invasive species models for a broad range of applications.

Parks obtained both of his degrees from Texas A&M University with a Bachelor’s degree from the Agricultural Engineering Department and a Master’s degree from the Agricultural Economics Department. His experience gained while working in the United States House of Representatives Committee on Agriculture to the Center for North American Studies to his family’s diversified farming operation has provided valuable experience for assessing and quantifying risk in the agriculture industry.

Bill Smith

Vice President, Policy and Procedure

Bill Smith graduated from the University of Georgia with a B.S. and M.S. in Agronomy. Since 1971 he has been involved in many aspects of the crop insurance industry. He began his career in 1971 as Assistant County Agent for the Georgia Coop Extension Service but soon transitioned to the crop insurance industry by joining the United States Department of Agriculture (USDA) Federal Crop Insurance Corporation (FCIC) Risk Management Agency (RMA) Regional Office (RO) as a Crop Insurance Specialist where his responsibilities included the underwriting of various annual and perennial crops for 10 Atlantic Coast states.

Mr. Smith was involved the maintenance of county insurance programs, development and assignment of county crop coverages and rates, review and adjustment of individual crop insurance contracts, and other underwriting functions. In 1979, he transferred to the RMA’s National Operations office in Kansas City, Missouri where he continued his role in developing and underwriting a variety of federal crop insurance programs with the RMA until 2004 when he joined AgriLogic. During his over 40 years of experience in both the public and private sectors of the crop insurance industry he has been responsible for the development and maintenance of crop insurance policies, underwriting procedures and guidelines, analysis of programs for the purpose of proposing necessary changes to maintain efficiency, program compliance, and the development of new procedures and guidelines that are in broad use today in the industry.

Keith Schumann, Ph.D.

Senior Vice President, Quantitative Analysis

Dr. Keith Schumann is the Vice President, Quantitative Analysis, of AgriLogic Consulting, LLC. in College Station, Texas. Dr. Schumann is also the Vice President of Simetar, Inc. which distributes statistical simulation and econometrics software systems. He has extensive experience in risk analysis and management as well as experience in the specialty areas of agricultural risk consulting, actuarial science, labor economics and compliance consulting, agricultural policy analysis, and econometric and statistical decision theory.

He received his B.S. in Agribusiness, M.S. in Agricultural Economics, and Ph.D. in Statistics from Texas A&M University. He has publications in various econometric, applied economics, and farm management journals as well as numerous agricultural experiment station books, working papers, professional papers, and presentations. He has also taught a number of seminars and workshops on risk analysis and simulation. In his tenure with AgriLogic Consulting, he has contributed to the development of crop insurance programs for an array of commodities with a particular emphasis on the development of pricing and actuarial models.

Rafael Costa, Ph.D.

Director, International Business Development

Dr. Costa received his Ph.D. and M.S. degrees in Agricultural Economics from Texas A&M University. He also has a B.S. in Economics from the Federal University of Pernambuco, Brazil. Dr. Costa has developed and conducted expert reviews on an array of crop insurance programs in Central and South America. His portfolio includes insurance coverage for soybeans, coffee, grapes, sugar cane, corn, and an assortment of other commodities. In the U.S. he has developed actuarial models for strawberries, alfalfa seed, and pecan tree insurance programs.

Dr. Costa has extensive expertise in simulation, econometric, and advanced mathematical modeling for which he has been recognized with three different research awards by professional societies and numerous publications and presentations.  A spatial price equilibrium model for world cotton trade to analyze potential impacts of transportation improvements in the U.S. and other major exporting countries such as Brazil was one of the projects for which he was won awards with broad industry recognition.