Videos

A Simplified Approach to Assessing Risk

This three-part series identifies resources that can be used by new or experienced farmers to guide them through the risk management planning process.

Whether you operate or plan to start an agricultural business, your plan should include a variety of risk management strategies.  Sound risk management planning involves choosing from alternatives to reduce financial loss. The Risk Management Checklist and User's Guide were developed to examine a wide range of potential risk factors and identify resources to aid in the development of a sound risk management plan. The tools can be used during any stage of farming operations The Checklist identifies nine categories of risk and asks probing questions about your planning and preparedness in each area. This is a tool that can be used over and over to assure that plans stay on track.

Lynn Kime
Former Senior Extension Associate
Pennsylvania State University
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