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CTE/Agricultural Education Curriculum Farm and Ranch Management
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Core Standards of the Course

Standard 1
Students will discover the relationship between the FFA and the supervised agricultural experience program.

Objective 1
Outline and determine the basic history of FFA.

Objective 2
Become aware of the basic aims and purposes of the FFA.

Objective 3
Develop leadership qualities for personal goals.

Objective 4
Conduct a supervised agricultural experience program.


Standard 2
Students will identify farm and ranch management decision-making processes.

Objective 1
Describe what is meant by farm and ranch management.

Objective 2
Identify the role of a manager.

Objective 3
Distinguish among the characteristics of farm and ranch ownership structures.

Objective 4
Apply decision-making process in ownership selection.

Objective 5
Apply decision-making process in production enterprises.


Standard 3
Students will identify government agenciesí role in farm and ranch management.

Objective 1
Construct a list of all government agencies that participate with farmers and ranchers.

Objective 2
Describe the current applications of government agenciesí programs.


Standard 4
Students will identify professional organizationsí role in farm and ranch management.

Objective 1
Construct a list of professional organizations that participate with farmers and ranchers.

Objective 2
List the advantages of professional organization memberships.


Standard 5
Students will demonstrate applications of computer in farm and ranch management.

Objective 1
Demonstrate proper usage of computers by using instruction manuals.

Objective 2
Apply current agricultural software and hardware in decision-making processes.

Objective 3
Describe simple uses for spreadsheets.


Standard 6
Students will demonstrate basic economic principles as they relate to farm and ranch management.

Objective 1
Describe the basic economic factors that affect farm and ranch management decisions.

Objective 2
Describe how supply and demand affect prices.

Objective 3
Apply the concept of diminishing returns.

Objective 4
Distinguish between fixed and variable costs.

Objective 5
Distinguish between marginal cost and marginal return.

Objective 6
Categorize short, intermediate, and long-term assets vs. liabilities.

Objective 7
Interpret the meaning of the application of economic ratios.

Objective 8
Demonstrate the application of the Law of Comparative Advantage.


Standard 7
Students will identify the role of agricultural financing.

Objective 1
List specific sources of credit.

Objective 2
List factors to consider in selecting a source of credit.

Objective 3
Describe different types of interest.

Objective 4
Complete a loan application.

Objective 5
Evaluate applications of amortization schedules.


Standard 8
Students will distinguish between various accounting systems used in farm and ranch management.

Objective 1
Describe the two basic bookkeeping systems.

Objective 2
Describe, complete, and use inventory and depreciation schedules.

Objective 3
Compute depreciation schedules

Objective 4
Make bookkeeping entries.


Standard 9
Students will demonstrate the use of records for planning and analysis in farm and ranch management.

Objective 1
Describe the purposes of enterprise records analysis.

Objective 2
Prepare and analyze specific enterprise records.

Objective 3
Prepare and analyze budgets.

Objective 4
Prepare and analyze cash flow statements.

Objective 5
Prepare and analyze income statements.

Objective 6
Prepare and analyze net worth statements.

Objective 7
Prepare and analyze profit and loss statements.

Objective 8
Implement computer usage in records, planning, and analysis.


Standard 10
Students will describe the basis of taxation and the tax system as it relates to farm and ranch management.

Objective 1
Describe the purposes of taxes.

Objective 2
Identify the different types of taxes.

Objective 3
List records and information helpful for tax management.

Objective 4
Distinguish between taxable and nontaxable items.

Objective 5
Identify income tax management strategies.


Standard 11
Students will identify the basic insurance needs of farms and ranches

Objective 1
Describe in writing the basic purposes of insurance.

Objective 2
List the types of insurance used in farm and ranch management.


Standard 12
Students will demonstrate knowledge of marketing.

Objective 1
Explain what is mean by the term, free enterprise system.

Objective 2
Describe key factors involved in marketing

Objective 3
Describe types of markets

Objective 4
Describe the importance of grades and standards.

Objective 5
Distinguish between hedging and speculation.

Objective 6
Develop a marketing plan for a commodity.

Objective 7
Describe the purpose and function of local markets.

Objective 8
Describe the basic principles underlying the international agriculture market.

Objective 9
Compare and contrast the trade policies of the United States and other important trading partners.

Objective 10
Describe the importance of agricultural exports to the economy of Utah and the United States.


Standard 13
Students will describe agricultural law as applied to agricultural enterprises.

Objective 1
Identify major farm laws and their purposes.

Objective 2
List purposes, components, and types of contracts.

Objective 3
Indicate the characteristics of liability laws as they relate to agriculture.

Objective 4
Describe property rights of farmers and ranchers.

Objective 5
Relate how government regulations affect farmers and ranchers.

Objective 6
State the need for proper estate planning.

Objective 7
Compile a list of different estate planning options.


Standard 14
Students will demonstrate effective interpersonal skills related to farm and ranch management.

Objective 1
Identify skills needed for employer/employee relationships.

Objective 2
Develop salesmanship skills in business relations.



UEN logo http://www.uen.org - in partnership with Utah State Board of Education (USBE) and Utah System of Higher Education (USHE).  Send questions or comments to USBE Specialist - WILLIAM DEIMLER and see the CTE/Agricultural Education website. For general questions about Utah's Core Standards contact the Director - THALEA LONGHURST .  
Email:  thalea.longhurst@schools.utah.gov

These materials have been produced by and for the teachers of the State of Utah. Copies of these materials may be freely reproduced for teacher and classroom use. When distributing these materials, credit should be given to Utah State Board of Education. These materials may not be published, in whole or part, or in any other format, without the written permission of the Utah State Board of Education, 250 East 500 South, PO Box 144200, Salt Lake City, Utah 84114-4200.