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Shape the future you want for your farm by identifying risks to your agriculture business, your risk appetite and strategies for managing them proactively.

Shape the future you want for your farm by identifying risks to your agriculture business, your risk appetite and strategies for managing them proactively.

Risk Management in Agriculture and Food Production Risk management in agriculture and food production is essential for stability and sustainability. From unpredictable weather to market fluctuations, identifying and preparing for risks protects yields and profitability. Strategies like crop diversification, insurance, and adopting advanced technologies can mitigate challenges. Effective planning ensures a steady supply chain and supports long-term growth. Ready to secure your agricultural operations? Start implementing smart risk management practices today to overcome uncertainties and build a resilient future for your business. https://lnkd.in/dYvSjuZB #RiskManagement #AgricultureSuccess #FoodProduction #SustainableFarming #FarmResilience #Agribusiness #CropPlanning #SupplyChainStability #SmartFarming #ResilientAgriculture

Shape the future you want for your farm by identifying risks to your agriculture business, your risk appetite and strategies for managing them proactively. Working in agriculture has never been without risk. Yet even for established operations seeking to maintain the status quo, today’s farming environment, with escalating land and capital costs and more adverse weather events, presents producers with new and unprecedented risks.

Shape the future you want for your farm by identifying risks to your agriculture business, your risk appetite and strategies for managing them proactively. Working in agriculture has never been without risk. Yet even for established operations seeking to maintain the status quo, today’s farming environment, with escalating land and capital costs and more adverse weather events, presents producers with new and unprecedented risks.

The importance of a good and correct risk assessment.

?? Boost Your Farm's Success with an Advisory Board! ?? ? A farm advisory board can provide expert guidance, improve risk management, and uncover new growth opportunities for your farm. Whether it's increasing profitability or planning for the future and having the right support can make all the difference. ? Learn how an advisory board can help secure your farm’s long-term success. ? Read the full article here > > https://bit.ly/40g7Gnx #Agribusiness #FarmSuccess #FarmAdvisoryBoard #RSMAustralia

?? Boost your farm's success with an advisory board! A farm advisory board can provide expert guidance, improve risk management, and uncover new growth opportunities for your farm. Whether it's increasing profitability or planning for the future and having the right support can make all the difference. Learn how an advisory board can help secure your farm’s long-term success ?? #Agribusiness #FarmSuccess #FarmAdvisoryBoard #RSMAustralia

Start smarter with post-harvest price risk management, a beginner's best friend. Follow my weekly case study as a financier of ABC Farming, focusing on their Sunflower crop for the 2023/24 season marketing cycle (27 May – 02 Jun 2024) on CropsProfit. ?? Problem: Many beginners face challenges in the pre-harvest phase, overwhelmed by uncertain yields, expensive put options, and the conclusion that price risk management is ineffective. ?? Solution: Beginners should start with post-harvest price risk management. ?? Post-Harvest advantages for beginners: (After harvest) ? Contracting is cheaper. ? Requires less experience. ? Final yields and crop grades are known. ?? Pre-Harvest benefits for advanced users: (Before harvest) ? Less storage costs. ? Faster cash flow after harvest. ? More profitable pricing opportunities. ???? Actions for this week: ? We are in the 9th week of the post-harvest marketing phase. ? Trader Heinrich secured a 100-ton fixed-price contract after a CropsProfit notification. ?? Lesson: Beginners should stick to post-harvest strategies and not be tempted by pre-harvest benefits. Experienced users can benefit from pre-harvest strategies but need to build expertise first. ?? Progress: The image shows pre-harvest and post-harvest phases highlighted as green and yellow lines on the graphs page. Disclaimer: Not advice. Hypothetical farm. CropsProfit only relays facts. ?#Casestudy #Agtech #Innovation #Sustainability #Marketing

?? Boost Your Farm's Success with an Advisory Board! ?? ? A farm advisory board can provide expert guidance, improve risk management, and uncover new growth opportunities for your farm. Whether it's increasing profitability or planning for the future and having the right support can make all the difference. ? Learn how an advisory board can help secure your farm’s long-term success. ? Read the full article here > > https://bit.ly/40g7Gnx #Agribusiness #FarmSuccess #FarmAdvisoryBoard #RSMAustralia