Often positioned at the other end of risk, value is regarded as the opposing force, or that desired state of farming operations that can cancel the costs and impact of risk. To my mind, value creation and risk mitigation are two sides of the same coin of any profitable business.
Many would argue that for as long as the financial value derived from the farming operation outweighs the real and potential risks, a farmer will stay afloat. My response is that a boat with even a single small hole in its hull is already sinking, perhaps slowly, imperceptibly, but nevertheless its seaworthiness has been