Whole-farm risk management approaches, i.e. approaches in which multiple risks and farm activities are considered simultaneously, seem more efficient than ‘single risk and commodity strategies’. This paper first discusses the results of a questionnaire survey among livestock and arable farmers in the Netherlands. The survey deals with farmers’ perceptions of risk and risk management strategies. Risk management strategies include both ‘single risk’ strategies as well as strategies for simultaneously covering multiple risks. The latter are restricted to the type of strategies currently available in the Netherlands. Next, opportunities for broadening the scope of risk management strategies covering multiple risks are discussed. The paper concludes by identifying areas for further research in the field of whole-farm risk management
|Title of host publication||Risk and uncertainty in environmental and resource economics : international conference, 5-7 June 2002, Wageningen International Conference Centre, Wageningen, The Netherlands|
|Editors||E.C. van Ierland, H.P. Weikard|
|Publication status||Published - 2002|
- farm management
- livestock farming
- arable farming
Meuwissen, M. P. M., van Asseldonk, M. A. P. M., & Huirne, R. B. M. (2002). The prospects for whole-farm risk management. In E. C. van Ierland, & H. P. Weikard (Eds.), Risk and uncertainty in environmental and resource economics : international conference, 5-7 June 2002, Wageningen International Conference Centre, Wageningen, The Netherlands (pp. 1-7(KLM)). Wageningen University.