No 11, January 1999. Hard copies of the Australian New Crops Newsletter are available from the publisher, Dr Rob Fletcher. Details of availability are included in the Advice on Publications Available .
Risk is defined as exposure to the chance of injury or loss.
Business challenges vary in their chances of producing a financial loss or gain. Very rare RISK Insignificant Minor Moderate Major Catastrophic Impact of the Event Risk management is the process of identifying, understanding, controlling and pricing the risks that are inherent in emerging crop opportunities in agriculture. There is a risk involved with the adoption of any new variety of any conventional agricultural or horticultural crop. This is because the levels of information and experience available are less than would be available with the previously well-used variety. These increased risks arise because entirely new value-chains from producer to consumer have to be developed.