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FARRM Game


4.2 ( 5312 ratings )
Productividad Educación
Desarrollador Oklahoma State University
Libre

The FARRM Game teaches users about price and risk management using data from Oklahoma farms and ranches. Students decide the mix of crops and cattle to produce, how to price their products, and how to use crop insurance. Tools such as futures, options, and forward contracts are explained and utilized to manage price risk. Developed by agricultural economists at Oklahoma State University.