Get premium membership and access questions with answers, video lessons as well as revision papers.

Explain the possible responses towards agricultural products' price fluctuations.

      

Explain the possible responses towards agricultural products' price fluctuations.

  

Answers


Jim
-Climatic conditions – adaptation (e.g., CSA, less water demanding crops or breeds), forecasting system or early warning system, promotion of irrigation system.
-Sudden change of consumer preferences – wider range of alternatives
-Political and financial panic – promotion of peace and security.
-Policy shifts – participatory approach and to stabilize domestic markets (tariffs, taxes, subsidies).
-Price fluctuation of related commodities or services – alternatives of wide range, diversification – altering trade.
-Storage facilities– across the sectors.
-Insurances to cushion resource constraint producers.
-A robust forecaster model or system.
jim items answered the question on February 5, 2019 at 16:02


Next: List the main possible causes of price shocks in agricultural products.
Previous: What are the policy responses for declining incomes in agriculture products?

View More Agriculture Questions and Answers | Return to Questions Index


Learn High School English on YouTube

Related Questions