Jensen: Tariff Uncertainty Heightens Need for Risk Management

As tariff uncertainty continues to affect the ag industry, Northland Community and Technical College Farm Business Management Instructor Betsy Jensen emphasizes the growing need for risk management. “This year, the potential on exports is really a huge factor,” Jensen said. “None of us know what’s going to happen, and so I think it actually increases the need for risk management.” She urges farmers not to ignore these challenges, despite the temptation to avoid them.  Jensen also encourages farmers to focus on making small improvements. “There’s not a single person that has made one mistake,” she noted. “A lot of people have made the same mistakes. Just making little improvements for next year will help the profitability for farms.”