Perceptions of wheat producers towards risk and risk management strategies: A case study from Turkey

Abstract

<jats:p>ABSTRACT: In this study, risk perception of wheat producers in Turkey was examined based on a case study conducted in Bitlis Province. The data set used in the study was obtained from 157 farmers randomly. Factor analysis was employed to classify risk sources and management strategies, and then multiple regression was used to investigate the relationship between farmers perceptions and some characteristic. Results of this study have shown that economic-based risks were perceived more strongly by farmers. Farmers’ also used more than one risk management strategy to minimize the impact of the risks they face. So, in order to ensure social and economic sustainability and predictability in wheat production and wheat market, the government should be considered preventive policy instruments and interventions to prevent fluctuations in input and output prices.</jats:p>

Perception and risk management strategies for ranchers and their determinants: a case study from Turkey

“…Variability in fodder price, insufficient farm income, uncertainty in government policies, and cash shortage perceived as the most important risk sources by beef cattle farmers. In this study, it was identified that the most important risk sources were economics-based as similar to studies in vegetal production and dairy farming (AĞIR et al, 2015;AKCAOZ et al, 2009aAKCAOZ et al, , 2010AKCAOZ et al, 2009b;HAYRAN, 2019;HAYRAN & gÜL, 2015). So, it was recommended that the government policy should be focused on preventing the fluctuations in input/output prices.…”

“…Factor 1, institutional and output price risk, loaded significantly on uncertainty in government policies, inadequate farmers' organization, variability in meat price, lack of savings, family relationships. In a study conducted on the wheat farmers in Turkey, in accordance with our findings, uncertainty in government policies, output prices, lack of savings, and family relationships has reported significant sources of risk (HAYRAN, 2019). Factor 2, production risk, has high loadings on difficulties in obtaining calves for fattening, forage shortage, epidemic and non-epidemic livestock disease, high animal mortality rate, cattle accident, livestock pests.…”

“…These low levels of goodness-of-fit maybe because of very personal perception and/or that some variables which have a potential influence on a farmer's perceptions have not included in the model. However, previous studies on risk perception also observed the same situations (BISHU et al, 2018;HAYRAN, 2019;MEUWISSEN et al, 2001). We recommend that considering the results of the research in the policies design to develop beef cattle production and to improve the welfare of farmers.…”

Drivers of Farm Households’ Perceived Risk Sources and Factors Affecting Uptake of Mitigation Strategies in Punjab Pakistan: Implications for Sustainable Agriculture

“…A well-structured questionnaire was used to collect data regarding farmer's perception about different risk sources, management strategies, detail of farm inputs and outputs, farmer's knowledge about climatic changes, their limitations about adaptation, and the socioeconomic characters of farmers. Insights for constructing our questionnaire were taken from a similar work [45][46][47]. For accuracy, we involved the opinions of educated and respected local leaders and representative from the agricultural department.…”

Factors Affecting Forage Plant Producers' Decisions on Making Agricultural Insurance: The Case of Balıkesir Province

“…Ayrıca, tarımsal girdi ve çıktıların fiyat esnekliklerinin yapısı nedeniyle, konjonktürel dalgalanmalar tarım sektörünü, diğer sektörlere göre daha hızlı ve sert bir biçimde etkilemektedir (Hardaker et al, 2004;Hoag, 2009). İklim şartları ve meteorolojik değişkenler, tarımsal hastalık etmenleri ve zararlılar, tarımda üretilen ürünün miktar, kalite, maliyet ve pazar değerini etkileyerek, tarımı daha da riskli bir ekonomik faaliyet haline getirmektedir (Ceyhan, 2003;Ceyhan et al, 2003 (Agır et al, 2015;Akcaoz et al, 2009;Cukur et al, 2011;Hayran, 2019;Hayran and Gül, 2015).…”