Sources of Risk and Management Strategies Among Food Crop Farmers in Osun State, Nigeria (Report) - Agriculture, Nutrition and Development African Journal of Food

Sources of Risk and Management Strategies Among Food Crop Farmers in Osun State, Nigeria (Report)

By Agriculture, Nutrition and Development African Journal of Food

  • Release Date - Published: 2009-10-01
  • Book Genre: Industries & Professions
  • Author: Agriculture, Nutrition and Development African Journal of Food
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Sources of Risk and Management Strategies Among Food Crop Farmers in Osun State, Nigeria (Report) Agriculture, Nutrition and Development African Journal of Food read online review & book description:

INTRODUCTION Food production decisions in Nigeria are made mainly by small-scale farmers who face a number of risks. In response, farmers engage in some risk management strategies which may have social and economic implications not only on the farming households but the entire economy. This study identified the sources of risk and the management strategies employed by the food crop farmers. Definitive statements on effective strategies against failure in production and livelihood coping strategies during losses need to be seriously explored as these have great effects on the welfare of the farmers as well as food availability in the economy. The consideration of this is very important for effectiveness in increased food production programmes. Improvement in repayment of loans and aggregate commodity supply response, standard of living and employment of labour through investments are guaranteed if effective and efficient strategies are formulated against possible losses and failures in production.

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