Sequential risk management strategies of vegetable and flower growers in Cameron highlands, Malaysia.
Chiew, E. F. C. and Mohamad, Z. A.
Proceedings of the 10th International Farm Management Congress, University of Reading, UK, 10-15 July 1995. Contributed Papers. Year: 1995 Pages: 70-83 Ref: 10 ref.
1995
บทคัดย่อ
This paper explores the production and marketing behaviour of temperate vegetable and flower growers in the Cameron Highlands, Malaysia. The sequential farm decisions of producers and risk management strategies at three phases (pre-planting, post-planting and postharvest) are examined. In addition, the paper examines the effects of development on agricultural production and producer perceptions of such development on their livelihood. Finally, it explores the implications of the introduction of sustainable farming practices on decision making in terms of the impact of such practices on productivity, profitability and risk. It is found that farmers in the region have developed a variety of methods to reduce both production and marketing risks. Most of these methods focus on reducing the probability of production and price fluctuations.