On-Farm Risk Mitigation Strategies

The Grower & The Economist

This week’s episode is a continued discussion on the threats to agriculture, such as recent global droughts and input price inflation, as well as strategies to mitigate unforeseen risks. Michelle and Peter explore the advantages for nimble growers while applying cross-industry examples from a business perspective. They dive into two difficult questions: what does it take for a crop to be profitable in a local structure and for a farm to be sustainable in an unstable economy? Input is welcomed from all listeners to share knowledge on threats and risk-mitigation strategies on the farm.