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?
