Agricultural risk management in the Northern Coastal Plains of South Carolina

The agribusiness industry continues to have a significant economic impact on the state of South Carolina. Given the current condition of the national and state economies, a need arises for those involved with agribusiness operations to hedge against avoidable risks to maximize financial returns. This research analyzes the awareness and knowledge of agriculture risk management techniques employed throughout the Northern Coastal Plains of South Carolina, as well as, the willingness of market participants to become more versed in the practice of risk management. Specific focus in this research is placed on individuals that impact various phases of agriculture production. Results from this research indicate that levels of significance exist between the awareness of risk management techniques and education levels. A level of significance also exists between the willingness of market participants to attend risk management seminars and age levels