Evaluating Lease Agreements via RightRisk Analytics

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LEASING or renting pasture or forage is commonplace for many livestock producers. The Forage Risk Analyzer tool, from RightRisk.org, is a tool designed to help a single or multiple parties (up to six) understand the full value of everything involved in a potential lease and formulate a more fair and equitable agreement. For examples using the tool see Applied Risk Analytics “Evaluating Lease Arrangements” at RightRisk.org\AppliedRiskAnalytics

The Forage Risk Analyzer tool is one of over 30 individual risk analysis tools developed by RightRisk and available free of charge at: RightRisk.org\Analytics.

Recorded Presentations from RightRisk.org

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RECORDED PRESENTATIONS from a number of webinars and other presentations offered by members of the RightRisk Education Team are available. Titles cover a range of topics from Understanding Risk, Evaluating Risk Strategies and Enterprise Risk Analysis, to Master Marketer, Drought Contingency Planning and Master Hay Grower programs. RightRisk.org offers links to Risk Controls, Risk Analytics, online courses and much more . . .

Recorded presentations covering risk management in agriculture are available free of charge at: RightRisk.org > Presentations.

Evaluating LRP Coverage via RightRisk Analytics

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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.

Ag Help Wanted: Guidelines for Managing Agricultural Labor

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A full-color, 250-page book presenting principles, practical examples, legal considerations, and leads to more references in six main chapters: 1. Roles and Responsibilities of an Agricultural Employer, 2. Organizational Planning, 3. Staffing the Farm Business, 4. Supervising Agricultural Work, 5. Managing Employee Performance, 6. Communication and Problem Solving. The companion website, provides supplementary material online, as well as Problem Work Situations: Working With Employees – a series of nine sets of brief vignettes that illustrate approaches to one-on-one communication in problem situations.

See Ag Help Wanted online or to order a copy at: RightRisk.org\AgHelpWanted.

Risk Navigator | RightRisk

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RISK NAVIGATOR and associated Strategic Risk Management Process outline a 10-step risk management program. A self-guided Strategic Risk Management 101 course is available on the companion website. In addition, the Risk Navigator tool box offers an extensive risk management library of over 20 risk tools. The tools help to accomplish the planning and analysis needed to complete each step of the Strategic Risk Management Process.

Risk Navigator tools are available for download, free of charge at: RightRisk.org\RiskNavigator.

Ag Survivor | RightRisk

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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.

RDFinancial | RightRisk

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RDFinancial is a risk analysis tool designed to help understand financial statements and how they interact to provide a measure of financial business position and performance. The primary purpose is to provide opportunities to discuss financial analysis in an easy to use and understand format. Online video and audio clips provide an overview of RDFinancial and several examples of how to use RDFinancial to illustrate financial management concepts.

RDFinancial tool is one of over 30 individual risk analysis tools developed by RightRisk and available free of charge at:RightRisk.org > Analytics.

Online Publications | RightRisk

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PUBLICATIONS available online from RightRisk include: Risk Management Profiles that outline various risks or management decisions faced by example operations and a description of the tools and strategies they use to address the risk. Applied Risk Analytics describe the application of RightRisk Analytics tools to evaluate risk alternatives for example operations. Risk Concepts offer an overview of various organizational structures comparing each across 7 alternative criteria.

RightRisk Online Publications are available free of charge at: RightRisk.org > Resources.

Multi-Temporal Risk Analyzer | RightRisk

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MULTI-TEMPORAL RISK ANALYZER can help evaluate agricultural risk management decisions that involve multiple years (up to 20) and include a dimension of risk. Examples include investment decisions, changes in production practices, adding and subtracting enterprises, and other decisions that involve multiple years to come to fruition or a multi-year commitment in order to see a positive economic return.

The Multi-Temporal Risk Analyzer tool is one of over 30 individual risk analysis tools developed by RightRisk and available free of charge at:RightRisk.org > Analytics.

Courses in Risk Management | RightRisk

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RightRisk.org hosts the risk management education products developed by the RightRisk Education Team, including 14 free, online self-study courses, covering a range of topics: from Understanding Risk, to Evaluating Risk Strategies, Record Keeping, Financial Statements, Evaluating Financial Performance, to Risk Scenario Planning. The site also offers links to other online resources, and much, much more . . .

Courses in Risk Management are available free of charge at: RightRisk.org > Courses.