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Quality management in a genebank environment: Principles and experiences at the Centre for Genetic Resources, The Netherlands (CGN). Do we need a certification system for genebanks? We do have the means to put one together. A pragmatic protocol for seed viability monitoring in ex situ plant genebanks. But will genebank certification allow much-needed flexibility?
Theres a lot to get ready for to make sure the upcoming season is a success. Theres equipment maintenance, seeding plans, and more. You also want to be ready for whatever weed pressure may come your way. Bayer wants to make sure youre ready with the herbicides you need for the specific conditions on your Read More Theres a lot to get ready for to make sure the upcoming season is a success.
After risk mitigation and transfer strategies have been assessed and implemented, the next step is to accept the remaining risk(s) and take measures to cope with them. Risk coping involves strategies that are employed to confront and cushion the effects or consequences of risks in agriculture and other agribusiness enterprises.
National FFA Week celebrates the critical role this organization plays in agricultural education and leadership development. Agricultural education is important for a number of reasonsa primary one being to cultivate the next wave of young leaders who will keep our nation fed. A study conducted by AgAmerica in 2015, found that when asked about the transitioning process of a farming operation , 64 percent of respondents said their biggest concern was setting the next generation up for success.
Earlier, 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 assuming those risks. Agricultural insurance is a special line of property insurance applied to agricultural firms.
A few weeks ago, I attended a webinar with JM Fortier about money. YAY! So glad hes bringing this important topic to the forefront. One thing he mentioned, if you want to be successful for the long-term, you need to look at your numbers regularly. Yes sir, preach it! He didnt mention, what exactly you should be looking at? Its funny because I had a client say the same thing to me on a coaching call, I know Im supposed to be looking at my numbers, but I dont know what Im looking at.
In addition to the risk mitigation methods previously discussed, other risk mitigation methods that farmers employ include management alternatives, information, and the adoption of technology. Good management practices can be used to mitigate risk and sometimes prevent the occurrence of risks.
The farmer is the agent best positioned to understand the dimensions, characteristics, and correlations of the risks that affect their farm. They are also best positioned to evaluate the availability of different strategies to deal with these risks.
The farmer is the agent best positioned to understand the dimensions, characteristics, and correlations of the risks that affect their farm. They are also best positioned to evaluate the availability of different strategies to deal with these risks.
Hedging (futures contracts), off-farm employment, and leasing are risk management techniques that farmers employ to mitigate risks on their farms, aiming to reduce income variability and stabilize output.
Risk and uncertainty are ubiquitous and varied within agriculture and agricultural supply chains. This stems from a range of factors, including the vagaries of weather, the unpredictable nature of biological processes.
Risk and uncertainty are ubiquitous and varied in agriculture. They stem from uncertain weather, pests and diseases, volatile market conditions, and commodity prices. Managing agricultural risk is particularly important for smallholders because they lack resources to mitigate, transfer, and cope with risk. Risk also inhibits external parties from investing in agriculture.
Risk is an important aspect of the farming business. The uncertainties of weather, yields, prices, government policies, global markets, and other factors can cause wide swings in farm income. Risk management involves choosing among alternatives that reduce the financial effects of such uncertainties.
Risk transfer refers to the transfer of the potential financial consequences of particular risks from one party to another. While insurance is the best-known form of risk transfer, in developing countries, the use of informal risk transfer within families and communities is extremely important. Risk sharing involves a contract in which risk is shared.
The agricultural sector is central to Nigerias economy, accounting for 40% of the Gross Domestic Product (GDP) and providing over 60% of employment. However, the sector represents only 1% of exports. Over the last decade, agricultural growth has slowed down, and today it is underperforming despite enormous potential.
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