Agric4profits
FEBRUARY 15, 2025
The management of risk involves a process that indicates such a task is not expected to be taken casually by farmers or their representatives if the end result is to be beneficial to the farmers and the business enterprise.
Climate and Agriculture in the Southeast
FEBRUARY 15, 2025
This time of year I get a lot of questions about how this year’s weather is affected by changes in the climate over time. Here is an interesting article from Time magazine that describes the kinds of changes we expect to see across the United States.
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Agric4profits
FEBRUARY 15, 2025
Farmers make decisions in a risky, ever-changing environment. The consequences of their decisions are generally not known when the decisions are made, and outcomes may be better or worse than expected. Variability in prices and yields are major sources of risk in agriculture.
Climate and Agriculture in the Southeast
FEBRUARY 15, 2025
The latest 7-day QPF map shows a bifurcated pattern in the rainfall this week due to two storms that will pass over the Southeast. The first of them is moving into Alabama tonight and will progress through the region on Sunday.
Agric4profits
FEBRUARY 15, 2025
Risk management strategies are also affected by an individual’s ability to bear (or take) risk. Simply stated, risk-bearing ability is directly related to the solvency and liquidity of one’s financial position. Risk-bearing ability is also affected by cash flow requirements.
Western FarmPress
FEBRUARY 15, 2025
Mike Pearson talks with the V.P., Unity FFA.
Agric4profits
FEBRUARY 15, 2025
The agricultural marketing process is carried out mainly through the physical functions performed on commodities and by utilizing the facilitating activities. These tasks help move farm produce from the farm gate, through various marketing institutions, to the final consumers or users. 1.
Agriculture Informer brings together the best content for Agriculture professionals from the widest variety of industry thought leaders.
Agric4profits
FEBRUARY 15, 2025
Marketing agencies or intermediaries carry out marketing functions or offer marketing services. This article examines their activities to enable a better understanding of the part they play in agricultural marketing. Who are the Marketing Agencies? Marketing agencies are the middlemen involved in carrying out the marketing functions. They could be individuals or agribusiness organizations… Read More » Who are the Agricultural Marketing Agencies?
Western FarmPress
FEBRUARY 15, 2025
China targets agricultural machinery in 10% retaliatory tariffs; Canada and Mexico vow to respond in kind.
Agric4profits
FEBRUARY 15, 2025
The farmer is best positioned to understand the dimensions, characteristics, and correlations of the risks affecting the farm. The responsibility of managing the risks associated with farming activities lies with the farmer, who must evaluate different strategies to address these risks. Generic strategies to reduce risk include risk sharing, pooling, and diversification.
Real Agriculture
FEBRUARY 15, 2025
Thanks for tuning in to RealAg on the Weekend! On todays show, host Shaun Haney is joined by: Todd Lewis, Saskatchewan farmer and newly appointed Senator on the appointment process and why he wanted to become involved; The Ministry of Trade and Export Development, Warren Kaeding on his trip to Singapore this weekend and possible Read More Thanks for tuning in to RealAg on the Weekend!
Agric4profits
FEBRUARY 15, 2025
Most often, agricultural produce is not sold immediately after production or purchase. Therefore, firms require storage facilities. This article introduces warehousing and marketing policies within the agricultural sector. 1. Warehousing Rarely are products sold as soon as they are produced; as such, firms require storage facilities.
ATTRA
FEBRUARY 15, 2025
Community Alliance with Family Farmers (CAFF) is launching a new financial relief program for farmers across California. The California Family Farmer Emergency Fund will provide direct financial relief for farmers who face increasingly unpredictable growing conditions due to drought, wildfires, floods, and other climate disasters. Applications for storm and flood relief will be open starting March 2025 and will cover financial losses from 2022, 2023, and 2024.
Agric4profits
FEBRUARY 15, 2025
The concept of market structure is used to study the number, size distribution, and power of market participants. This concept, initially popularized by industrial organization economists, is rapidly gaining traction in the study of agricultural marketing.
Food Tank
FEBRUARY 15, 2025
More than US$489 million worth of food assistance has been stalled in transit and storage due to confusion over federal guidance, according to a recent report from the U.S. Agency for International Development (USAID) Office of Inspector General (OIG). This uncertainty puts taxpayer-funded food at risk of spoilage and could prevent essential food and medical care from reaching those who need it most.
Agric4profits
FEBRUARY 15, 2025
There are five major approaches to the analysis of marketing problems. This article gives a brief description of the five approaches. 1. Functional Approach in Agricultural Marketing This method classifies the activities that occur in the marketing process into functions.
Agric4profits
FEBRUARY 15, 2025
This article will explain marketing channels, channels of distribution, and the factors influencing the choice of marketing channels in agriculture. Marketing Channels Marketing channels are the routes through which agricultural products move from the producer to the consumer.
Agric4profits
FEBRUARY 15, 2025
A marketing channel is simply the path of a commodity from its raw form to the finished form or the path of a product as it moves from the producers to the final consumers.
Agric4profits
FEBRUARY 15, 2025
In the previous article, the focus was on the physical functions that include activities involving the physical handling of farm products. However, there are other functions that do not involve physical handling of products. Some of the facilitating functions discussed here fall under this category, although certain activities mentioned can also be considered physical.
Agric4profits
FEBRUARY 15, 2025
Insurance, an effective mechanism of transferring large risks to someone else, has been in use in developed countries for more than one hundred years.
Agric4profits
FEBRUARY 15, 2025
Agricultural marketing plays a crucial role in agricultural performance, just as farming itself. For this reason, market reforms must be integrated into any agricultural development policy. Considerable progress has been made in technological advancements in agriculture through the use of high-yielding varieties and chemical fertilizers.
Agric4profits
FEBRUARY 15, 2025
Risks that cannot be assessed quantitatively in terms of financial loss cannot be insured. The impact of risks and the severity of their impact are essential for risk assessment. Risks must be evaluated in relation to their potential severity of impact after identification.
Agric4profits
FEBRUARY 15, 2025
Producer surplus is a measure of producer welfare. It is measured as the difference between what producers are willing and able to supply a good for and the price they actually receive.
Agric4profits
FEBRUARY 15, 2025
Marketing function refers to the act, operation, or service by which the original producer and the final consumer are linked together. As the marketing system becomes more complex, there arises a need for new functions. It includes all the functions and processes involved in moving the produce from farmers to consumers.
Agric4profits
FEBRUARY 15, 2025
In the previous articles, the characteristics and types of market structures that lead to market conduct were discussed. The ultimate goal is to show how the structure and the conduct lead to the performance of the market. 1.
Agric4profits
FEBRUARY 15, 2025
Earlier on, it was established that agricultural insurance is a financial tool to transfer risks associated with farming to a third party via the payment of a premium that reflects the true long-term cost to the insurer for assuming those risks. Agricultural insurance is a special line of property insurance applied to agricultural firms.
Agric4profits
FEBRUARY 15, 2025
The previous article explained that agricultural marketing is the link between production and the consumption of agricultural products. This article focuses on the role of marketing in more detail and its challenges. The Place of the Consumer in Agricultural Marketing In a market economy, much emphasis is placed on the consumer.
Agric4profits
FEBRUARY 15, 2025
Having learned about the characteristics of market structures in the previous article, it is necessary to learn about the types of market structures. This will help to appreciate the behavior and performance of participants in the agricultural market system. 1.
Agric4profits
FEBRUARY 15, 2025
In the previous articles, the focus was on market structure, conduct, and performance. It was highlighted that business firms behave according to the dictates of the market structure. Another critical driving force is how much return they make on top of the costs of their operations.
Agric4profits
FEBRUARY 15, 2025
Agriculture is bedeviled with a lot of risks and uncertainties due to the nature of agricultural production. Yet, a greater percentage of Nigerians earn their livelihood from this sector than from all other economic sectors combined.
Agric4profits
FEBRUARY 15, 2025
Agricultural risks stem from different sources, which can be internal or external; human beings, farmers families, or animals; natural occurrences, outbreaks of pests and diseases, and the actions or inactions of governments and neighboring farmers.
Agric4profits
FEBRUARY 15, 2025
Agricultural products are of a different nature than industrial products. The features of these products can be divided into three major types based on production, marketing, and consumption. Each of these features has problems associated with it that necessitate insurance taking.
Agric4profits
FEBRUARY 15, 2025
A market exists when buyers wishing to exchange money for a good or service are in contact with sellers who are willing to exchange goods or services for money.
Agric4profits
FEBRUARY 15, 2025
Agricultural products are of a different nature than industrial products. The features of these products can be divided into three major types based on production, marketing, and consumption. Each of these features has a bearing on the risks associated with agricultural production.
Agric4profits
FEBRUARY 15, 2025
The presence of risks in agriculture influences farm production and investment choices in several ways, including: i. The specific mix of commodities farmers produce and the inputs used to produce these commodities. ii. Strategies to manage and cope with risk. iii.
Agric4profits
FEBRUARY 15, 2025
Risk is the possibility of adversity or loss, and refers to uncertainty that matters. Consequently, risk management involves choosing among alternatives to reduce the effects of risk. It typically requires the evaluation of tradeoffs between changes in risk, expected returns, entrepreneurial freedom, and other variables.
Agric4profits
FEBRUARY 15, 2025
The sources of risk in agriculture are numerous and diverse. The markets for agricultural inputs and outputs have a direct impact on farming risk, particularly through prices. A diversity of hazards related to weather, pests, diseases, or personal circumstances determine production in ways that are outside the control of the farmer.
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