Risk And Risk Management Strategies In Pig Production In Abia State

ABSTRACT

In a study conducted in the pig production area of Abia State in determining the Risk and Risk management strategics in pig farming (using frequency distribution, importance indices) of primary data collected from pig farmers revealed that output price followed by input price were ranked highest among the various risk sources. Pig farmers were poor in the use of risk reducing strategies. Reason for non-use of some risk reducing strategics is cither that they arc not available or difficult to implement. The most reducing strategy used was livestock enterprise diversification. It is suggested that agricultural policy makers should encourage among pig farmers the use of formal insurance and cooperative marketing.