Building a Risk Management Toolkit for New and Beginning Farmers
May 28, 2020
Everyone has heard of risk management. In fact, there are so many insurance commercials on television that you have a difficult time ignoring risk management.
Risk management takes on many forms. Most new farms rarely produce only one crop. Producing a variety of crops, commonly called diversification, is just one of many risk management strategies you can employ. Other risk management strategies include crop rotation and the use of a variety of insurance products.
Diversification
Diversification is one of the most used risk management tools. Many farms may say, “I grow vegetables, so I...
For access to this article please
sign in or
subscribe.
Reader Comments(0)