Factors Related to Risk Management of Sugarcane Farmers’ Households in Northeastern, Thailand
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Abstract
The paper investigates factors influencing the risk management of sugarcane farmers’ households in Northeastern, Thailand. The study was conducted quantitatively within household-level analysis unit. The study was carried out with 384 households derived by selecting 5 areas in the provinces where the number of sugarcane farmers was the highest and where sugar mills were situated. The inventory of sugarcane households was made by the systematic sampling method. The data was collected through scheduled interviews, which were conducted from June until November 2021. The data was then analyzed by the descriptive and multiple regression analysis methods. The findings indicated that the average score of the overall risk management of the sugarcane farmers was 113. The result also found 9 factors that influenced risk management with statistical significance at the level of 0.05, there are the highest number of years of education of the household members (0-17 years), the total area of sugarcane plantation, The number of technology used in sugarcane production, Income per 1 rai of land, Knowledge in the sugarcane production system, Support from governmental organizations, Support from the mill, Support from the community/network, Impact from entering contract farming system
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