Production is what farmers know best. However, it never hurts to hear some needed advice from the experts.
Production risk exists in weather, in yield, in quality, in expansion of the farm operation, rotations, seasonality, government programs and more.
Watch Reg Shandro explain the production risk pillar of the ‘5 Pillars of Risk Management’.
For more information about production risk check out this excellent guide by Utah State University: Managing Production Risk in Agriculture
This workshop was funded in part by the Agriculture & Food Council of Alberta