Risk Management Curriculum Guide
The Risk Management Curriculum Guide is a series of fact sheets developed by extension economists from Texas A&M and Kansas State. The Guide was developed to provide agricultural producers with added knowledge about the sources of risk impacting their decisions and the tools and options they could consider in managing these risks. Also included are curriculum guides and overheads to be used by anyone teaching one of the topics covered in these fact sheets.
Fact Sheets:
These fact sheets can serve as the primary teaching material for a topic or as a follow-up to a speaker who has covered the topic.
| Marketing Organizations and Strategies - Fact Sheets | |||
| RM1-2 | Niche Markets | abstract | |
| RM1-3 | Retained Ownership Strategies for Cattlemen | abstract | |
| RM1-4 | Analyzing Replacement Stock Alternatives | abstract | |
| RM1-6 | Contracts as a Risk Management Tool | abstract | |
| RM1-8 | Adding Value to Agricultural Products | abstract | |
| RM1-9 | Beef Cattle Marketing Alliances | abstract | |
| RM1-11 | Fed Cattle Grid Pricing | abstract | |
| Price Risk - Fact Sheets | |||
| RM2-1 | Introduction to Futures Markets | abstract | |
| RM2-2 | Introduction to Options | abstract | |
| RM2-3 | Knowing and Managing Grain Basis | abstract | |
| RM2-4 | Livestock Basis | abstract | |
| RM2-5 | Seasonality and Its Affects on Crop Markets | abstract | |
| RM2-6 | How To Construct a Seasonal Index | abstract | |
| RM2-7 | Livestock Seasonal Price Variation | abstract | |
| RM2-8 | Selecting and Working With a Broker | abstract | |
| RM2-11 | Obtaining and Using USDA Market and Production Reports | abstract | |
| RM2-12 | Hedging with a Put Option | abstract | |
| RM2-13 | Using Options to Hedge Farm and Ranch Inputs | abstract | |
| RM2-14 | Selling Hedge with Futures | abstract | |
| RM2-15 | Buying Hedge with Futures | abstract | |
| RM2-17 | The Minimum Price Contract | abstract | |
| RM2-18 | The Window Strategy With Options | abstract | |
| RM2-19 | Using a Bear Put Spread | abstract | |
| RM2-20 | Using a Bull Call Spread | abstract | |
| RM2-22 | Rolling Up a Put Option as Prices Increase | abstract | |
| RM2-24 | Technical Analysis of Commodity Markets: Emphasis on Bar Charts | abstract | |
| RM2-25 | Technical Analysis: Alternatives to Chart Analysis | abstract | |
| RM2-29 | Factors Affecting Option Premium Values | abstract | |
| RM2-30 | Post-Harvest Marketing Alternatives | abstract | |
| RM2-32 | Definitions of Marketing Terms | abstract | |
| RM2-33 | Specifications of Futures & Options Contract | abstract | |
| RM2-34 | Organizing a Marketing Club | abstract | |
| RM2-35 | Hedging Milk with BFP Futures and Options | abstract | |
| RM2-37 | How USDA Forecasts Production and Supply/Demand | abstract | |
| RM2-38 | Considerations When Using Grain Contracts | abstract | |
| RM2-40 | Milk Futures Options and Basis | abstract | |
| RM2-41 | The Uniqueness of Milk Pricing | abstract | |
| RM2-42 | Cheese Prices | abstract | |
| Business Planning/Budgeting - Fact Sheets | |||
| RM3-1 | Business Plans for Agricultural Producers | abstract | |
| RM3-3 | Developing a Marketing Plan | abstract | |
| RM3-9 | Business Entity Planning | abstract | |
| RM3-10 | Making Decisions with Enterprise Budget | abstract | |
| RM3-12 | Strategic Planning for Landowners | abstract | |
| RM3-13 | SPA | abstract | |
| RM3-17 | Managing a Family Budget | abstract | |
| RM3-18 | Crop Management Factors: What is Important? | abstract | |
| RM3-19 | Managing your Farm and Ranch Operation | abstract | |
| RM3-20 | Farm and Ranch Business Management Functions | abstract | |
| RM3-21 | Basic Business Structures | ||
| RM3-22 | Limited Liability Companies and Corporate Business Structures | ||
| Production Risk - Fact Sheets | |||
| RM4-6 | The Multiple Peril Crop Insurance Actual Production History (APH) Insurance Plan | abstract | |
| RM4-8 | Crop Revenue Coverage (CRC) | abstract | |
| RM4-9 | Income Protection | abstract | |
| RM4-10 | Group Risk Plan | abstract | |
| RM4-11 | Crop Insurance Terms | abstract | |
| RM4-12 | Livestock Risk Protection | ||
| RM4-13 | Hedging Cattle with an LRP Policy | ||
| RM4-14 | Livestock Risk Protection-Lamb: New Insurance Program to Help Ranchers Manage Lamb Price Risk |
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| Financial Risk - Fact Sheets | |||
| RM5-4 | Leasing vs. Buying Farm Machinery | abstract | |
| RM5-5 | Balance Sheet — A Financial Management Tool | abstract | |
| RM5-6 | Income Statement — A Financial Management Tool | abstract | |
| RM5-7 | Cash Flow Projection for Operating Loan Determination | abstract | |
| RM5-9 | Borrowing in a Risky Environment | abstract | |
| RM5-10 | Financial Management: The Key to Farm-Firm Business Management | abstract | |
| RM5-11 | Financial and Economic Terms | abstract | |
| RM5-12 | Determining Cropland Cash Rental Arrangements | abstract | |
| RM5-13 | Determining Cropland Share Rental Arrangements | abstract | |
| RM5-14 | Farmland Ownership | abstract | |
| RM5-16 | Financial Management: Cash vs. Accrual Accounting | abstract | |
| Farm Policy and International Trade - Fact Sheets | |||
| RM6-1 | Impacts of the 1996 Farm Bill on Price and Income Risk | abstract | |
| RM6-3 | Farm Bill Options | abstract | |
| RM6-4 | U.S. Agriculture and International Trade | abstract | |
| RM6-5 | Managing Risk in a Dynamic World Economy | abstract | |
| RM6-6 | Macroeconomic Policy Impacts on Exchange Rates and Trade | abstract | |
| RM6-7 | Agricultural Trade and the U.S. Economy | abstract | |
| RM6-8 | North American Free Trade and U.S. Agriculture | abstract | |
| Legal/Regulatory - Fact Sheets | |||
| RM7-1 | Environmental Laws Affecting Farmers and Ranchers | abstract | |
| RM7-5 | Farm Income Taxation | abstract | |
| RM7-6 | Federal Estate Taxation | abstract | |
| RM7-8 | Legal Issues Involving Cash Forward Grain Contracts | abstract | |
| RM7-20 | Bankruptcy and Non-Bankruptcy Alternatives for Dealing with Financial Stress on Texas Farms and Ranches | abstract | |
| Human Resource Management - Fact Sheets | |||
| RM8-1 | Farm and Ranch Personnel Management | abstract | |
| RM8-3 | Human Resource Management: Employee Attraction and Selection Guide | abstract | |
| RM8-5 | Human Resource Management: Employee Compensation Guide | abstract | |
Curriculum Guides and Overheads:
The companion curriculum guides and overheads were developed to support those who plan to lead the discussion of one of the topics covered in the above fact sheets. These additional materials are designed to assist in the teaching of these topics by suggesting: 1) important points to include in the discussion, 2) questions to ask 3) possible speakers and other resources and 4) an outline of the topic in bullet format suitable for use as overheads. All those listed are available now.
| Marketing Organizations and Strategies - Curriculum Guides | |||
| RM 1-2 | Niche Marketing | abstract | |
| RM 1-3 | Retained Ownership Strategies for Cattlemen | abstract | |
| RM 1-4 | Analyzing Replacement Stock Alternatives | abstract | |
| RM 1-6 | Contracts as a Risk Management Tool | abstract | |
| RM 1-8 | Adding Value to Agricultural Products | abstract | |
| RM 1-9 | Beef Cattle Marketing Alliances | abstract | |
| Price Risk - Curriculum Guides | |||
| RM 2-3 | Knowing and Managing Grain Basis | abstract | |
| RM 2-4 | Livestock Basis | abstract | |
| RM 2-5 | Seasonality and Its Affects on Crop Markets | abstract | |
| RM 2-6 | How To Construct a Seasonal Index | abstract | |
| RM 2-7 | Livestock Seasonal Price Variation | abstract | |
| RM 2-8 | Selecting and Working with a Broker | ||
| RM2-11 | Obtaining and Using USDA Market and Production Reports | ||
| RM 2-12 | Hedging with a Put Option | abstract | |
| RM 2-13 | Using Options to Hedge Farm and Ranch Inputs | abstract | |
| RM 2-17 | The Minimum Price Contract | ||
| RM 2-18 | The Window Strategy with Options | abstract | |
| RM 2-19 | "Bear" Put Spread | ||
| RM 2-20 | Using a Bull Call Spread | ||
| RM2-24 | Technical Analysis of Commodity Markets: Emphasis on Bar Charts | abstract | |
| RM 2-25 | Technical Analysis: Alternatives to Chart Analysis | abstract | |
| RM 2-29 | Factors Affecting Option Premium Values | abstract | |
| RM 2-35 | Hedging Milk with BFP Futures and Options | abstract | |
| RM 2-37 | How USDA Forecasts Production and Supply/Demand | abstract | |
| RM 2-38 | Considerations When Using Grain Contracts | abstract | |
| Business Planning/Budgeting - Curriculum Guides | |||
| RM 3-17 | Family Budgets | ||
| RM 3-19 | Managing Your Farm and Ranch Operation | abstract | |
| RM 3-20 | Farm and Ranch Business Management Functions | abstract | |
| Production Risk - Curriculum Guides | |||
| RM 4-6 | Multi-peril Crop Insurance | ||
| RM 4-8 | Crop Revenue Coverage (CRC) | ||
| RM 4-9 | Income Protection (IP) Insurance | abstract | |
| RM 4-10 | Group Risk Insurance (GRP) Insurance | abstract | |
| Financial Risk - Curriculum Guides | |||
| RM 5-4 | Leasing vs. Buying Farm Machinery | abstract | |
| RM 5-5 | Balance Sheet - A Financial Management Tool | ||
| RM 5-6 | Income Statement - A Financial Management Tool | ||
| RM 5-9 | Borrowing in a Risky Environment | ||
| RM 5-10 | Financial Management: The Key to Farm-Firm Business Management | ||
| RM 5-12 | Determining Cropland Cash Rental Arrangements | abstract | |
| RM 5-13 | Determining Cropland Share Rental Arrangements | abstract | |
| RM 5-14 | Farmland Ownership | abstract | |
| Farm Policy and International Trade - Curriculum Guides | |||
| RM 6-1 | Impacts of the 1996 Farm Bill on Price and Income Risk | abstract | |
| RM 6-3 | Farm Bill Options | abstract | |
| RM 6-4 | U.S. Agriculture and International Trade | abstract | |
| RM 6-5 | Managing Risk in a Dynamic World Economy | abstract | |
| RM 6-6 | Macroeconomic Policy Impacts on Exchange Rates and Trade | abstract | |
| RM 6-7 | Agricultural Trade and the U.S. Economy | abstract | |
| RM 6-8 | North American Free Trade and U.S. Agriculture | abstract | |
| Legal/Regulatory - Curriculum Guides | |||
| RM 7-1 | Environmental Laws Affecting Farmers and Ranchers | abstract | |
| RM 7-5 | Farm Income Taxation | abstract | |
| RM 7-6 | Federal Estate Taxation | abstract | |
| RM 7-8 | Legal Issues Involving Cash Forward Grain Contracts | abstract | |
| Human Resource Management - Curriculum Guides | |||
| RM 8-1 | Farm and Ranch Personnel Management | abstract | |
| RM 8-3 | Human Resource Management: Employee Attraction and Selection Guide | abstract | |
| RM 8-5 | Human Resource Management: Employee Compensation Guide | abstract | |