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Describe the risks and uncertainties encountered by sugarcane farmers in Kenya.
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Jun 23, 2021
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Agriculture Form 1
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anonymous
Describe the risks and uncertainties encountered by sugarcane farmers in Kenya.
agricultural economics
agricultural marketing and organizations
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Jun 23, 2021
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anonymous
Fluctuation of commodity prices
Physical yield uncertainty where the farmer does not know how much to expect
Ownership uncertainty. Farmer lose produce through theft, fire, death or change in government policy
Outbreak of pests and diseases which affect expected outcome
Sickness and injury uncertainty. Farmer affected lose ability to work due to sickness or injury
New production technique uncertainty. The farmer may not be certain as to whether technology is as effective as the previous one
Farmer investing in machinery which may become outdated(obsolete) within a short time
Natural catastrophe. Things like floods, drought, earthquakes, storms and strong winds may destroy the crops.
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