IDENTIFYING SOURCES OF RISK

 

This portion discussed a “laundry list” of ten risk sources.  This list provides an organized way to help identify appropriate management actions that can be taken.  Select a major crop in your operation.  Describe one or more sources of downside risk for each category that will affect that crop. Describe a possible means for managing each risk.  

 


Source of Risk                    Description of Risk               Management Strategy


 

1.  Production Risk                                                                                                        

                                                                                                                                         

                                                                                                                                         

 

2.  Input Performance                                                                                                   

          Risk                                                                                                                       

                                                                                                                                         

 

3.  Commodity price/                                                                                                    

     market access risk                                                                                                   

                                                                                                                                        

 

4.  Input price and                                                                                                        

     availability risk                                                                                                        

                                                                                                                                        

5.  Borrowed capital                                                                                                     

     price & availability                                                                                                  

     risk                                                                                                                             

 

6.  Technology risk                                                                                                      

                                                                                                                                        

                                                                                                                                        

 

7.  People risk                                                                                                               

                                                                                                                                       

                                                                                                                                       

 

8.  Legal risk                                                                                                                 

                                                                                                                                       

                                                                                                                                       

 

9.  Institution risk                                                                                                        

                                                                                                                                       

                                                                                                                                       

 

10. Macroeconomic                                                                                                    

      risk                                                                                                                          

                                                                                                                                      

 

 

  Work To Be Submitted

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