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Risk Management in Milk Production: A Study in Five European Countries 31
Schaper, Christian; Lassen, Birthe J.; Theuvsen, Ludwig.
The EU agricultural policy has recently been characterized by radical changes that increase market volatilities. Especially in the dairy market, fluctuating prices as well as production and political risks lead to high uncertainty for farmers. Based on a comprehensive survey, this paper discusses the risk perception and risk management strategies of dairy farmers in selected European countries. This approach allows a more detailed analysis of the determinants of farmers’ risk perceptions and risk management. First, based on the literature, a comprehensive framework was developed for the determinants of farmers’ risk perceptions and risk management. This framework guided an empirical study in 2007 in which 236 German dairy farmers were interviewed using a...
Tipo: Conference Paper or Presentation Palavras-chave: Risk management; Risk strategy; Risk matrix; Dairy farming.; Agricultural and Food Policy.
Ano: 2009 URL: http://purl.umn.edu/58130
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