By
Mike Krause, Agricultural Risk Management Pty, Australia
Description
Any farming operation is also a business, and because of the nature of agricultural production, that business and its operators are susceptible
to risk. Production can be affected by weather and drought, income can be affected by market prices and
shifts, government can impinge
and farmers can be injured; they all affect the farm business. Areas covered in this book include: * The farm business structure * Weather
and drought * Long and short term market fluctuations * Assets and borrowing *
Government intervention and exchange rates * Risks to
farm operators * Information reliability. Finally the agricultural manager is assisted to analyse their own operation, to plan how best
to meet the problems of the farm business. Mike Krause has
over 14 years experience as a professional rural economist and has worked
extensively with farmers and fruit growers, helping to identify techniques that will help improve farmer profits. Mike has recently
joined an international company called
Agricultural Risk Management Pty. Ltd (ARM). This company specialises in risk analysis and risk
management providing the full spectrum of services in risk identification, risk measurement, and insurance based revenue protection risk
management in
agriculture.
Audience:
TAFE and university agricultural economics, small business courses, general trade to farmers in self-help category.
