The management of risks is one of the great challenges for farmers in the 21st century, and it is crucial for the progression of agriculture across the world. Indeed, appropriate risk management tools are one of the fundamental ways to improve livelihoods in rural areas and help to deal with the variety of risks that farmers have to face. Risks briefly overviewed include climate and natural disaster risks, price and market related risks, plant and animal disease and pest risk, food safety risks, credit lending risks, policy and regulatory risks, and risks faced by individual farmers.