Image for Agricultural Risk Management

Agricultural Risk Management

Agricultural Risk Management involves identifying, assessing, and mitigating risks that farmers face, such as weather changes, market fluctuations, pests, and diseases. It helps farmers make informed decisions to protect their income and crops. Tools like insurance, diversification of crops, and market strategies are used to minimize losses. By managing these risks effectively, farmers can ensure more stable production and profitability, contributing to overall food security and economic stability in agriculture.