The Perfect Storm: A Case Study Illustrating How a Series of Events Led One Farm Operator to Develop a Risk Management Plan that Includes a Lender’s Perspective

Large capital requirements needed for many agricultural businesses to operate result in many relying on borrowed funds. Fixed repayment commitments combined with a leveraged financial condition and volatile commodity prices result in increased emphasis on managing risks. Deterioration in the financial condition of an agricultural business is used to illustrate development of a risk management plan by a farm manager and his lender. The case study approach is used to initiate discussion, generate ideas from readers, and provide an example that can be used by those who teach farm management, risk management, and/ or financial management.


Issue Date:
Jun 11 2013
Publication Type:
Journal Article
PURL Identifier:
http://purl.umn.edu/161485
Published in:
Journal of the ASFMRA (American Society of Farm Managers and Rural Appraisers), 2013
Page range:
39-53
Total Pages:
15




 Record created 2017-04-01, last modified 2017-08-29

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