Risk Analysis in Coffee Production of Farm Households in Dak Lak Province

Received: 08-02-2017

Accepted: 03-04-2017

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Issue: Vol. 15 No. 2 (2017)

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KINH TẾ XÃ HỘI VÀ PHÁT TRIỂN NÔNG THÔN

How to Cite:

Thang, N., Thang, N., & Cong, N. (2024). Risk Analysis in Coffee Production of Farm Households in Dak Lak Province. Vietnam Journal of Agricultural Sciences, 15(2), 243–252. http://testtapchi.vnua.edu.vn/index.php/vjasvn/article/view/357

Risk Analysis in Coffee Production of Farm Households in Dak Lak Province

Nguyen Ngoc Thang (*) 1 , Nguyen Tat Thang 2 , Nguyen Thanh Cong 1

  • 1 Khoa Kinh tế, Trường Đại học Tây Nguyên
  • 2 Khoa Kinh tế và Phát triển nông thôn, Học viện Nông nghiệp Việt Nam

    • Keywords

    Risksanalysis, coffee production, farm household

    Abstract


    Coffee production of farm households plays a vital role in socio - economic development process of Dak Lak provincebut coffee growers often face, among others, with drought, yield and price risks. To analyze coffee production risks, data were collected from 300 coffee-farming households in Buon Don district and Krong Nang districtof Daklak province. Descriptive statisticsand comparative method were used for data analysis. This study focused on analyzing the main risks relating to households’ coffee production including production risks, market risks and financial risks. The research results addressed and meassured the losses of different risks and proposed some recommendationsthat farm households can apply to reduce risks, of which buying production insurance and developing linkage in coffee productionwere highly recommended.

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