Risk Management Education
Curriculum Guide

A comprehensive educational curriculum is being 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. The curriculum guide is available now and contains a portion of the full set of curriculum. New materials are made available as they are developed.

The Risk Management Curriculum Guide can be obtained two ways:

The objective of this curriculum is to help agricultural producers to better understand risk and its consideration in their decision making. Successful farm and ranch management depends on taking risks consistent with the goals and financial position of the business. To do this, the risk management education program emphasizes the following:
 
  • The sources of risk that affect the alternative actions or plans that might be implemented.
  • The chances of occurrence or probabilities associated with various risks that will affect the business's performance.
  • The business's financial position and the decision maker's attitudes about taking risks.
  • The various management strategies that might be adopted to control or counteract risk.

The curriculum is designed to provide the tools and procedures that can be used to help make risky decisions, taking into account the decision maker's (1) knowledge and beliefs, and (2) goals and attitudes about risk-taking.


Risk management publications from other departments within Texas Cooperative Extension can be found here:



The curriculum guide contains a four page (or less) fact sheet, lesson plan, and a set of overheads for each risk management topic. More than 100 topics are planned. The curriculum guide publications are being authored by Extension Economists with Texas Cooperative Extension and Kansas State University Extension Service.

Risk management clubs made up of interested producers will be organized and used along with existing and new marketing clubs as vehicles for program delivery. This concept of using local producer groups will capitalize and expand on the successful Master Marketer program and other marketing education activities.

 

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