Production Risk In Agriculture. According to baquet et al. Risk management involves choosing among alternatives that reduce financial effects that
Production risks stem from the uncertain natural growth processes of crops and livestock, with typical sources of these risks related to weather and climate (temperature and precipitation) and pests and diseases. Fire, wind, theft, and other casualties are also sources of production risk. The major sources of production risks are weather, pests, diseases, and the interaction of technology with other farm and management