Training visit to Wageningen University & Reasearch | VDU Žemės ūkio akademija

Training visit to Wageningen University & Reasearch

On 26-30 August 2019, lect. Asta Bendoraitytė from Research Institute for Bioeconomy (Faculty of Bioeconomy Development) visited Wageningen University & Reasearch as Erasmus+ training visit.

During the visit, A. Bendoraitytė participated in the summer school “Risk Analysis and Risk Management in Agriculture: Updates on Modelling and Applications” (3 ECTS) organized by Wageningen School of Social Sciences (WASS). During the training, the theories concerning risk analysis and risk coping strategies were analysed and proficiency with software tools was developed. Course covered both conceptual and methodological issues of the risk management. Multiple trends in agricultural risks were discussed and included topics related with the need to cope with risk in agriculture and uncertainty&risks; price and production risk, including price dynamics and price volatility; asymmetric information and moral hazard; risk coping strategies (including both – in-farm and off-farm strategies). Courses were presented by prof. Miranda Meuwissen (WUR), assist prof. Yann de Mey and assist prof. Fabio Santeramo. During the practical sessions, econometric models and stochastic simulations were used to measure risk and evaluate the possibility to use various risk coping tools.

Students, teachers and representatives from agriculture sector from more than 10 different countries participated in the training course. They all shared their experience dealing with risk in agriculture, outgoing research and agreed to meet in future conferences and showed interest for future collaboration.