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How Farmers can Mitigate Risk

How Farmers can Mitigate Risk

Posted On: June 1, 2021 by Prevail Bank in: Business

 

There are several risk factors to consider outside of production alone to produce a flourishing farming business. These areas include but are not limited to production risk, price or market risk, financial risk, institutional risk, and human risk. Preparing for the unknown through proper risk management of these areas mentioned is something every farmer should consider. The farming landscape is ever-changing, and limiting uncertainties through risk management planning is helpful...

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Tags: Business Banking, Business Tips, commercial lender, Commercial Lending, farmer

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