News Column

Study Results from Indian Veterinary Research Institute Provide New Insights into Dairy Farming (Risk perceptions and risk management strategies of...

July 24, 2014



Study Results from Indian Veterinary Research Institute Provide New Insights into Dairy Farming (Risk perceptions and risk management strategies of insured and non-insured dairy farmers: A comparative study)

By a News Reporter-Staff News Editor at Agriculture Week -- Current study results on Dairy Farming have been published. According to news reporting originating from Uttar Pradesh, India, by VerticalNews correspondents, research stated, "This study was conducted to analyze the farmers' perceptions of risk and risk management among the farmers who had insured and non-insured their dairy animals. The data originated from a questionnaire survey of insured (120) and non-insured (120) dairy farmers in Gorakhpur district of Uttar Pradesh."

Our news editors obtained a quote from the research from Indian Veterinary Research Institute, "Farmers' Socio-economic characteristics, risk perceptions and risk management strategies were documented. The average land holding, educational status and dairy farm experience of insured respondents was slightly larger than that of the non-insured dairy farmers. Epidemic livestock diseases, climate risk, marketing/sales risk, feed cost variability, Poor conception and delay in treatment/AI emerged as relevant sources of risk to the dairy farmers. The most relevant risk management strategy for the dairy farmers were vaccination of animals, having own agricultural land, having financial reserve, life insurance, livestock insurance and off farm employment."

According to the news editors, the research concluded: "The intensity and domination of risk and risk management tool adopted by dairy farmers varied due to their personal perceptions of risk, socio-economic status of that farmer, farm type and institutional arrangements."

For more information on this research see: Risk perceptions and risk management strategies of insured and non-insured dairy farmers: A comparative study. Indian Journal of Animal Sciences, 2014;84(6):694-698. Indian Journal of Animal Sciences can be contacted at: Indian Counc Agricultural Res, Icar Bhawan Pusa, New Delhi 110 012, India.

The news editors report that additional information may be obtained by contacting M.A. Khan, Indian Vet Res Inst, Div Livestock Econ Stat & IT, Izatnagar 243122, Uttar Pradesh, India. Additional authors for this research include M. Chander and D. Bardhan.

Keywords for this news article include: Asia, India, Livestock, Agriculture, Uttar Pradesh, Dairy Farming

Our reports deliver fact-based news of research and discoveries from around the world. Copyright 2014, NewsRx LLC


For more stories on investments and markets, please see HispanicBusiness' Finance Channel



Source: Agriculture Week


Story Tools






HispanicBusiness.com Facebook Linkedin Twitter RSS Feed Email Alerts & Newsletters