The Beige Book is a Federal Reserve System publication covering current economic conditions across the 12 Federal Reserve Districts. It characterizes regional economic conditions and prospects based on a variety of mostly qualitative information, gathered directly from District sources. The latest update was posted June 2nd.
Monthly Archives: June 2021
Ag Survivor | RightRisk
AG SURVIVOR risk simulation is a software tool developed to teach risk concepts and management strategies to agricultural managers in an experiential learning environment. This educational program lets participants test firsthand whether they are better off implementing newly learned risk management tools and strategies, like the Strategic Risk Management Process. . . .
Access the free online risk simulation AG SURVIVOR from RightRisk at: RightRisk.org > Resources.
Evaluating LRP Coverage via RightRisk Analytics
LIVESTOCK RISK PROTECTION (LRP) insurance is designed to help manage livestock market price risk. The Risk Scenario Planning tool can, with a little creativity, be used to analyze expected net revenue under an LRP policy. The resulting cumulative distribution graph provides the probability of earning a net return at or below any certain value. With this information in hand we can begin to answer questions like: “How effective is this coverage?” or “How often would it pay?” See the RSP Guide for this and other examples.
The Risk Scenario Planning tool is one of over 30 individual risk analysis tools developed by RightRisk and available free of charge at: RightRisk.org\Analytics.