Machine Risk Calculator | RightRisk

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MACHINERY costs are a major contributor to total farm production costs. Effective management of machinery cost is essential to maintain profitability in production agriculture. The Machine Risk Calculator is designed to help producers estimate the costs of machinery ownership and operation, as well as assist in assessing the sensitivity of these costs to uncertainty in future input factors.

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

RightRisk Analytics | RightRisk

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RightRisk Analytics is a series of risk analytics tools available for download free of charge. Applications include: the Risk Scenario Planner, Machine Risk Calculator, Forage Risk Analyzer, Enterprise Risk Analyzer, RDFinancial, Multi-Temporal Risk Analysis, and Risk Navigator toolbox. The site also includes online guides, example applications, and more.

RightRisk Analytics include over 30 individual risk analysis tools developed by RightRisk and available free of charge at: RightRisk.org\analytics.

Management Succession: How Do We Get There From Here?

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Management Succession: How Do We Get There From Here? is a two-hour internet-based course covering: An introduction to Management Succession, Three (3) In-depth Family Case Studies, The Succession Planning Process, and Where Do We Go From Here? Also included are course resources, Best Succession Management Practices (BSMP) Lists, worksheets, and many other features.

Management Succession: How Do We Get There From Here? course is available free of charge at RightRisk.org > Courses.

RIGHTRISK

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RightRisk is an innovative risk research and education effort to help farmers and ranchers understand and explore risk management decisions and evaluate the effects of those decisions. RightRisk.org hosts the risk management education products developed by the RightRisk Education Team. Information on the site includes: 14 free, online self-study courses, monthly newsletters, risk simulations, risk analytics tools, recorded presentations/webinars, publications, links to other online resources, and much, much more . . .

Access the free online risk management materials from RightRisk at: RightRisk.org.

Management Succession: Where Do We Want to Go?

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Management Succession: Where Do We Want to Go? is a two-hour internet-based course covering: An introduction to Management Succession, Three (3) In-depth Family Case Studies, The Succession Planning Process, and Where Do We Go From Here? Also included are course resources, Best Succession Management Practices (BSMP) Lists, worksheets, and many other features.

Management Succession: Where Do We Want to Go? course is available free of charge at RightRisk.org > Courses.

Risk Management Profiles | RightRisk

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Risk Management Profiles outline working agricultural situations where the managers have encountered challenges managing risk. Over 20 profiles describe agricultural settings offering an array of different risks, crop and livestock enterprises, and the challenges faced. Scenarios describe how the peopled involved worked through the situation, as well as the tools they considered to address the problems at hand.

The 4-page RISK MANAGEMENT PROFILES are available for viewing and download at: https://RightRisk.org/RiskManagementProfiles.

Management Succession: Where Are We?

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Management Succession: Where Are We? is a two-hour internet-based course covering: An introduction to Management Succession, Interpersonal Issues, Business Issues, The Succession Planning Process, and Where Do We Go From Here? Also included are a glossary, FAQ list, resource links for further research, and many other features.

Management Succession: Where Are We? course is available free of charge at RightRisk.org > Courses.

Evaluating Lease Arrangements

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Leasing or renting pasture or forage is commonplace for many livestock producers across the West and is often an integral part of an operation. While there are many types of arrangements used, establishing a fair and equitable agreement for both parties involved can be a challenge at times. External information sources can provide pricing information on various types of arrangements. However, these estimates often do not accurately reflect the true value of the forage for individuals on either side of a potential lease.

Learn more via the APPLIED RISK ANALYTICS series, covering the application of RightRisk Analytics risk analysis tools, available for download at: RightRisk.org/appliedriskanalytics.

Lasting Legacy Course #2

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Lasting Legacy Course #2 is a two-hour internet-based course covering 1) Final Wishes and Instructions- End-of-Life Issues, Pre-Death Wishes, and Final Instructions, 2) Financial Assets and Real Estate- Estate Planning, Financial Planning, and Transferring Real Property across two modules and six lessons. Also included are a glossary, resource links for further research, and many other features.

Lasting Legacy Course #2 course is available free of charge at RightRisk.org > Courses.

Estimating Custom Rates and Machinery Costs

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Machinery and Equipment is often one of the largest expense categories for a farm or ranch operation. Many producers do not know their machinery and equipment cost for a given activity. Some expenses, such as fuel, repair, and other general costs are fairly easy to quantify; calculating individual expenses for a given machine and field activity is more difficult.

Learn more via the APPLIED RISK ANALYTICS series, covering the application of RightRisk Analytics risk analysis tools, available for download at: RightRisk.org/appliedriskanalytics.