CHECK YOUR BLIND SPOTS: 360° OF FARM RISK MANAGEMENT

Lipari, M., Watson, H.

Farm Management Canada (FMC)

mathieu@fmc-gac.com

 

ABSTRACT

Agriculture is an industry riddled with risk and uncertainty. In fact, agriculture rates amongst the highest risk industries in the world. Climate change, pests and disease, demand for growth, global markets and trade, regulations and consumer preferences are all contributing to the increasing level of risk faced by farmers. And yet, agriculture is the least prepared industry for managing risk.

For farm managers, risk and uncertainty can lead to poor decision-making, to the detriment of the farm and agricultural sector. Risk management involves applying a process by which farmers are equipped to reduce uncertainty and take calculated risks that support effective decision-making.

The Organisation for Economic Co-operation and Development published two studies recommending a holistic approach to risk management. This type of approach has not been applied in Canada.

This paper explores the development of AgriShield®, an online risk management platform that gives farmers a 360° view of the risks they face to improve the adoption of a comprehensive approach to managing risk by Canada’s farmers.


BIOGRAPHY

Mathieu Lipari joined the Farm Management Canada team in 2010 as a Project Manager and brought with him an excellent grasp of the challenges of agriculture in Canada and overseas. He manages a variety of successful projects at Farm Management Canada that provide farmers with business management tools and resources. Prior to joining the team, Mathieu worked in similar roles for the International Development Research Centre and for Guelph University and has managed agriculture projects in North and Central America, Europe and Africa.Mathieu holds a Bachelor of Business Administration from the University of Québec in Montreal, Québec and a Technical Degree in Agriculture and International Development from the University of Guelph.