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Managing Risk in Farming

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Farmers in developing countries are frequently exposed to the uncertainties of weather, prices and disease. Many farmers live on the edge of extreme uncertainty, sometimes falling just below, and sometimes rising just above the threshold of survival. Farmers do not know whether rainfall will be good or bad over a season; they do not know the prices they will receive for produce sold; and they do not know whether their crops will be infected by disease. These risks are not under the control of farmers but some farmers have developed ways of coping and managing them.

Document Information

Document Type Study Guide
Author David Kahan
Year of Publication 2008
Publisher Food and Agriculture Organization of the United Nations (FAO)
Number of Pages 120 pp.
Region / Country Global /
Primary Language English (en)
Keywords Risk Management, Farm Management
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