This meeting is the final one of Regional Research Project 5-232. As no new regional project is being initiated currently by the members of this Project, this meeting appears to terminate regional research on production risk. This project was preceded by two other regional research projects on risk- W-'149 and S-180 - with considerable overlapping membership. The members of 5-232 have elected to apply for an Information Exchange Group that will continue the tradition of annual meetings on risk in agricultural production. The contributions of these three regional projects are worth noting and that is the purpose of this paper and the others associated with this panel di~ssion. This discussion first briefly discusses the context of the beginning of these regional projects. The focus of the projects is then discussed, and major accomplishments overviewed. Then, the emergence of interests in environmental and resource economics, the focus of the proposed Information Exchange Groups, is reviewed. The final section briefly reviews continued issues for future research.