Managing risk in farming

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The intention of this guide is to enable extension workers and farmers to recognize and understand the risks that they are likely to face and assist them in making better farm management decisions that reduce the negative effect of the risks encountered in farming. It describes the main sources of risk categorized under the functional headings – production risk, marketing risk, financial risk, legal risks and human resources risk. The sources of risk influencing these cat egories include climate change, price volatility, the global financial crisis and personal health and wellbeing.

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