Authors : Vilmar Rodrigues Moreira, Axel Freier and Claudimar Pereira da Veiga
Abstract: Agribusiness entrepreneurs are exposed to different types of risk. Although, agribusiness is a dynamic sector and able to adapt to a variety of weather conditions caused by different sources of risks, it appears that many countries lack of a satisfactory level of modernization and farm management. In this sense, this study’s objective is analysing market risks in a general way in agribusiness and cooperative environment. Seeing agribusiness as a major supply chain reinforces the need for evaluate inter-relationships between suppliers, producers, processors and distributors. In the current context of market globalization, it is not appropriate to apply the traditional distinction between industry, service and agriculture. The results indicate that the issues concerning agribusiness have to be addressed in a comprehensive and systemic manner. Thus, considering the complexity of agribusiness systems and the diversity of the components involved, the efficient exploitation of resources is only possible with an understanding of its interactions. Cooperatives represent an organizational alternative that provides different kinds of interactions, thus, different kinds of risks. Cooperatives themselves may create their own types of risks. Risk management must approach these new issues by identifying and evaluating them and taking appropriate countermeasures.
Vilmar Rodrigues Moreira, Axel Freier and Claudimar Pereira da Veiga, 2016. A Review of Concepts, Strategies and Techniques Management of Market Risks in Agriculture and Cooperatives. International Business Management, 10: 739-750.