What are the main financial risk management issues that Cathy and the rest of the management team at Kilgore need to focus on?

1) What are the main financial risk management issues that Cathy and the rest of the management team at Kilgore need to focus on? What kind of a financial risk management strategy would you create to solve those issues? What are the major opportunities and downside risks with the hedging framework that you suggest?
2) What factors need to be considered when integrating financial risk management into an enterprise risk management framework?
Justify your answers with enough detail to make your ideas clear. If you use any other resources, use APA style.