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Open in new window Managing Production Risk in Agriculture

Sarah A Drollette ( January, 2009 )

Summary

Farmers and ranchers deal with a significant amount of uncertainty every day. From not knowing what the weather will be like this year to wondering if market prices will increase or decrease tomorrow, agricultural producers are forced to make decisions based on imperfect information. Born out of this uncertainty is the possibility of injury or loss. Given the changing structure of the agricultural industry, managing risk has become vitally important to the success of agricultural operations.


Details

Organization Utah State University Extension
Publisher Utah State University Extension
Publication Date January, 2009
Publication Views 1113
Material Type Written Material

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