WATCH REPLAY: Agricultural Risk Analysis: art and science – Ariadna Berger

https://2020.riskawarenessweek.com/talks/agricultural-risk-analysis-art-and-science/

In Argentina we have been applying risk assessment and management concepts in farming for more than twenty years. Price and yield risk can be managed through diversification. Agricultural portfolios can be created by mixing different crops and/or different climate zones, soils and cultivation practices. We also apply risk management to reduce price risk through sale strategies (options, futures) and yield risk through insurance.

A special piece in risk assessment is the recently developed “Yield distribution library” with robust distributions for 600 different production combinations of crop/soil/cultivation practices. Reaching consensus on yield distributions has always been difficult because a constantly changing technology reduces the value of long-term time series. This library aims to make it easier to agree on a yield distribution. Its robustness comes from the fact that three information sources were used and combined: deterministic simulation models, expert opinion and thousands of real data to validate both.

Risk is crucial to good decision making in agriculture and I will be glad to share our experience in this field, answering questions like:

Alex has created a short bootcamp designed to help companies implement quantitative risk management. Imagine saving the company so much money that investing in risk management competencies and resources becomes a no brainer for the executives. That's exactly what Alex Sidorenko did at a global $10B chemical company and he has been kind enough to share his top tips and lessons learned with you each week. Sign up now!
  • What applications have we found for risk assessment in agriculture?
  • How do we assess risk with farmers and technicians who are not always familiar with probability functions and statistics?
  • What distributions do we usually use to model stochastic variables in agriculture?

https://2020.riskawarenessweek.com/talks/agricultural-risk-analysis-art-and-science/

RISK-ACADEMY offers online courses

sample85
+ Buy now

Informed Risk Taking

Learn 15 practical steps on integrating risk management into decision making, business processes, organizational culture and other activities!

$149,99$49,99
sample85
+ Buy now

ISO31000 Integrating Risk Management

Alex Sidorenko, known for his risk management blog http://www.riskacademy.blog, has created a 25-step program to integrate risk management into decision making, core business processes and the overall culture of the organization.

$199,99$49,99
sample85
+ Buy now

Advanced Risk Governance

This course gives guidance, motivation, critical information, and practical case studies to move beyond traditional risk governance, helping ensure risk management is not a stand-alone process but a change driver for business.

$795

One thought on “WATCH REPLAY: Agricultural Risk Analysis: art and science – Ariadna Berger

  1. still in the crop model, it is necessary to build a weather prediction model taking into account statistical data for more correlation of risks and yields

Leave a Reply

This site uses Akismet to reduce spam. Learn how your comment data is processed.