IDEAS home Printed from https://ideas.repec.org/a/ags/agreko/267599.html
   My bibliography  Save this article

Sources And Management Of Risk In Extensive Livestock Farming In The North-Western Transvaal Bush Yelp

Author

Listed:
  • Swanepoel, V.
  • Ortmann, G. F.

Abstract

A survey involving 93 farmers in the North-Western Transvaal Bushveld reveals sources of and responses to risk in farm production, marketing and financing. Main sources of risk were considered to be variations in livestock production, rainfall and livestock prices, the threat of land reform, and changes in input costs. The most important production responses to risk include low-cost production, choice of production system and changing livestock numbers. Acceptance of the floor price scheme was regarded as the most important marketing response to risk, while financial record keeping, debt management and maintaining credit reserves were considered the major financial responses to risk. The results could assist policy makers, lenders, extension officers and consultants in designing appropriate risk management programmes and strategies for farmers in the study area.

Suggested Citation

  • Swanepoel, V. & Ortmann, G. F., 1993. "Sources And Management Of Risk In Extensive Livestock Farming In The North-Western Transvaal Bush Yelp," Agrekon, Agricultural Economics Association of South Africa (AEASA), vol. 32(4), December.
    • Handle: RePEc:ags:agreko:267599
    DOI: 10.22004/ag.econ.267599
    as

    Download full text from publisher

    File URL: https://ageconsearch.umn.edu/record/267599/files/agrekon-32-04-007.pdf
    Download Restriction: no
    File URL: https://ageconsearch.umn.edu/record/267599/files/agrekon-32-04-007.pdf?subformat=pdfa
    Download Restriction: no
    File URL: https://libkey.io/10.22004/ag.econ.267599?utm_source=ideas
    LibKey link: if access is restricted and if your library uses this service, LibKey will redirect you to where you can use your library subscription to access this item
    ---><---

    References listed on IDEAS

    as
    1. Ortmann, G. F. & Patrick, G. F. & Musser, W. N. & Doster, D. H., 1992. "Sources And Management Of Risk: Evidence From Leading Cornbelt Farmers In The Usa," Agrekon, Agricultural Economics Association of South Africa (AEASA), vol. 31(4), December.
    Full references (including those not matched with items on IDEAS)

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. Bullock, W. I. & Ortmann, G. F. & Levin, J. B., 1994. "Farmer Characteristics, Risk Sources And Managerial Responses To Risk In Vegetable Farming: Evidence From Large- And Small-Scale Commercial Vegetable Farmers In Kwazulu-Natal," Agrekon, Agricultural Economics Association of South Africa (AEASA), vol. 33(3), September.

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. Meiring, J. A. & Oosthuizen, L. K., 1995. "Risiko-Bronne En Gepaardgaande Bestuursoptrede: Persepsies Van Besproeiingsboere Benede Die P.K. Le Rouxdam," Agrekon, Agricultural Economics Association of South Africa (AEASA), vol. 34(1), March.
    2. Wencong Lu & Abdul Latif & Raza Ullah, 2017. "Simultaneous adoption of contract farming and off-farm diversification for managing agricultural risks: the case of flue-cured Virginia tobacco in Pakistan," Natural Hazards: Journal of the International Society for the Prevention and Mitigation of Natural Hazards, Springer;International Society for the Prevention and Mitigation of Natural Hazards, vol. 86(3), pages 1347-1361, April.
    3. Bullock, W. I. & Ortmann, G. F. & Levin, J. B., 1994. "Farmer Characteristics, Risk Sources And Managerial Responses To Risk In Vegetable Farming: Evidence From Large- And Small-Scale Commercial Vegetable Farmers In Kwazulu-Natal," Agrekon, Agricultural Economics Association of South Africa (AEASA), vol. 33(3), September.
    4. Stockil, R.C. & Ortmann, Gerald F., 1997. "Perceptions Of Risk Among Commercial Farmers In Kwazulu-Natal In A Changing Economic Environment," Agrekon, Agricultural Economics Association of South Africa (AEASA), vol. 36(2), pages 1-21, June.

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:ags:agreko:267599. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: AgEcon Search (email available below). General contact details of provider: https://edirc.repec.org/data/aeasaea.html .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.