RISK MANAGEMENT FOR FARMERS

Alan Miller(Purdue University West Lafayette), Craig L. Dobbins, James G. Pritchett, Michael Boehlje, Cole Ehmke, Miller, Alan, Dobbins, Craig L., Pritchett, James G., Boehlje, Michael, Ehmke, Cole
AgEcon Search (University of Minnesota, USA)
January 1, 2004
Cited by 40Open Access
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Abstract

Risk is present in all decisions, though often its assessment is skewed to the negative effects. This paper presents material on the sources of risk in agriculture, procedures for managing two types of risks (operational and strategic) and the interaction of time and risk.


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