2. Types of uncertainty in Agriculture

2. Types of uncertainty in Agriculture

    a. Price uncertainty: Prices of products / inputs are not known to the farmers with certainty
    b. Yield uncertainty : Farmers may not able to predict the yield of crops with certainty because of weather conditions, incidence of pests and
    disease, etc.

    c. Technological uncertainty: farmers may not be aware of the exact impact of new technology on the quantity and quality of yield.
    d. Institutional uncertainty: Conditions of tenure, functioning of credit agencies are examples for institutional uncertainties.

Last modified: Thursday, 14 June 2012, 10:30 AM