Understanding risk in agriculture for Farmers, Ranchers, and veterans - Southern region

( 2024 )

Summary

Risk can be defined as the chance of loss or an unfavorable outcome associated with an action. Uncertainty is not knowing what will happen in the future. The greater the uncertainty, the greater the risk. Farmers, ranchers, and veterans make decisions in a risky environment every day. It all comes down to management, and there are no easy answers

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Organization

United States Department of Agriculture

Publisher

United States Department of Agriculture

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62

Material Type

Presentation

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