There are many different sources of risk, which can affect income and ultimately the survival of an agricultural operation. Management decisions about what to produce, how to handle potential problems, and when to take action can all have outcomes that turn out to be less than what was hoped for because of the occurrence of uncontrollable events
This lesson discusses the options available to insure barley production in the Mountain View Farms simulation scenario. Managing the risk accompanying each option is the primary focus of the discussion
This webinar, presented by Jay Parsons, discusses options for
managing risk. The presentation is sponsored by the Idaho
Barley Producers.