Agricultural Risk Management

"Agricultural Risk Management" provides a guide to the many facets of risk and risk management that are instrumental in understanding today's agricultural sector and agricultural policy choices.

Part I explores what is known about the risks common to agricultural firms and how producers respond to them.

The risk management tools available to agricultural producers, the aspects of those tools that influence their selection by producers and the effects of risk management strategies on the farm firm are examined in Part 2.

Part 3 considers the effects of government policies on producers' risks and selection of risk management strategies.

The possibility of substituting privately sponsored risk management programs for those currently provided by the government is also investigated.