Risk Management Planning for Agricultural Business Owners

Red chili peppers growing on the bush. Photo taken 09-13-18.

Risk identification is the beginning point for risk management planning because solution identification begins with knowledge of the problem. This 4-page document presents questions to consider regarding production risk, price or market risk, financial risk, legal risk, and human risk. Written by Martie Gillen and Beatrice Pierre, and published by the UF/IFAS Department of Family, Youth and Community Sciences, August 2019.
http://edis.ifas.ufl.edu/fy1485

An Overview of Risk Management Planning

Using IFAS-generated budgeting tools, young people can learn to manage their money and begin saving and investing in the future. UF/IFAS Photo: Tyler Jones. IFAS Extension calendar 2009

As risks evolve and diversify, approaches to conducting business require a targeted focus on risk management, particularly in agriculture. This new 3-page document explores risk in agriculture, the need to understand risk, formation of strategies to manage risk, and government programs that exist to help growers and producers manage risk. Written by Martie Gillen and Beatrice Pierre, and published by the UF/IFAS Department of Family, Youth and Community Sciences, May 2019.
http://edis.ifas.ufl.edu/fy1482