engleski

Risk Management in Grain Chain- The Case of Mlinar inc

The risk environment for agribusiness is constantly changing: price, production and legal risks (more government regulation) are increasing while financial compensations from government are decreasing, (consequences of liberalisation). Risks can be classified into various types. Usually risks are distinguished between business and financial risks. Risk management is the systematic application of the management policies, procedures and practices to the tasks of identifying, analysing, assessing, treating and monitoring risk. Tools for risk management in agriculture are distinguished in strategies concerning on-farm measures (diversification of a production) or risk sharing strategies like marketing contracts, production contracts, hedging on futures markets, or the participation in mutual funds and insurances. Plant production is one of the most important sectors of agriculture in terms of land use, food and fodder production, Grains and oil-crops are between most important productions in Croatia.

Risk management; grain chain

nije evidentirano