Identification of risk factors of agricultural production in Astrakhan region

Abstract

The article considers the conditions for risk factors, classifies them, determines the specific risk-forming factors inherent in the Astrakhan region of the agricultural industry. There have been developed methods to reduce the influence of risk-forming factors in the agro-industrial complex. The main types of production and market risks in agriculture influencing the commodity producers are analyzed. The specificity, abundance and uncontrolled nature of risks lower the investment attractiveness of the industry. Today not only agricultural producers, but also the state should prevent from reducing the level of agricultural risks, which will be an effective step in attracting private investment into the industry. There has been proposed a basis for building a risk management system which helps the agrarian managers correctly assess the current market, production and climatic situation, predict the future and develop measures to reduce risks to the level at which they will not have a significant impact on the development of the enterprise. The structure of selling the physical volume of agricultural products of the Astrakhan region in 2021 is analyzed. It has been stated that a promising direction for the development of crop production in the Astrakhan region is the production of greenhouse vegetables. The characteristics of vegetable production, which determine specific sources of risks, are listed. Tools and methods for reducing risks in agriculture of the Astrakhan region are studied in detail. Conclusions are drawn about the need to apply the practical and applied methods, techniques and mechanisms, taking into account the specifics of the industry, as well as the managerial nature of both individual enterprises and the industry as a whole.