Farmers' risk perception and risk management strategies in Slovak agriculture

Managing risk is an important part of farming that consists of the processes of identification, analysis, assessment, mitigation and monitoring of agricultural risks. Within agricultural policies, various measures contribute to reducing risk for farms, either because they help to reduce the incidence of risk or mitigate its consequences on farms' income. The paper focuses on the farmers' perception of risks in agriculture, including the attitude of farmers towards risk, significance of various risk types, frequency of risk exposure, and risk management tools applied to mitigate the agricultural risk. The questioner survey has been used to analyse the Slovak farmers and compare the results with the similar survey provided in Hungary, Poland, Netherlands, Spain and Germany. The results might contribute to the improvement of risk management tools in EU, which has become one of the priorities of Common agricultural policy.