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Home - Managing Risks

Successful farming involves successful risk management. Managing risk on the farm requires an understanding of what the potential risks may be and having a plan in the event they occur. There are several types of risk you should be aware of, including: production, marketing, financial, weather, human resources, and others. You can mitigate many of these risks by diversifying your product mix and marketing outlets, utilizing various insurance options, and making well-informed decisions by having a competent team of trusted advisers consisting of: accounting, legal and industry specific consultants and business planners.

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