Unit 3: Managing the Farm/Ranch Business for Long-Term Success
Identify Risk Comfort Level
When working with farmers and ranchers to identify risk management alternatives, encourage everyone involved in decision-making to evaluate their attitudes toward risk. Communication among family members and others within the farm team will help farmers develop more effective risk management strategies. To learn more about risk tolerance, explore the information and resources available at: Foothill Farming: Risk Management (UCCE Placer-Nevada).
Expanding the Idea of Risk Management: What do you think?
Click the image to start the activity.
Click the image at right to begin the activity. You will be asked to match the “risks” in the left column to an appropriate risk management strategy in the right column. In this activity, there is one correct
answer for each risk.
