What is Risk?

Please take a couple of minutes to watch the video to kick off your thinking about risk, especially as it relates to agriculture.

Production agriculture is often considered to be a particularly risky industry, so a good understanding of risk is essential for success as a farmer or rancher.

Peaches - Indiana
Peaches – Indiana

Remember, risk is defined as a chance of something bad happening. Also, for something to be risky, there must be a chance of both bad and good.

Chance and Bad, golfing at Big Sky Montana
Chance and Bad, a bad day for a Major League Baseball player

Please watch the video above to allow the topic to be marked as complete.