In its simplest form, risk is defined as the uncertainty of an outcome with potentially undesirable results. Agriculture is, without a doubt, an industry riddled with risk and uncertainty. Farmers across Canada are left to the mercy of Mother Nature and other factors beyond their control in the political sphere and global marketplace. For farm managers, uncertainty can lead to poor planning and decision-making, and ultimately, compromise the viability of the farm. Heather will outline what it means to take a comprehensive approach to managing farm risk and the benefits of taking a proactive approach to managing risk, while walking you through how to 1) assess risk on your farm, and 2) establish a risk management plan to confront change with confidence and seize opportunity.
Presented by Heather Watson