Here is an article concerning risk with some insights I had not thought of before. We use many different tools to manage risk in Ag. For example, we might use options or futures to manage price risk.

Something this article points out that I had not really thought about before is that risk is never eliminated, it is simply transferred to someone else.

CHS - Offloading Risk

John

Edit: If you liked that article, this one was yesterdays that led up to the above article.