Rice production and farmers’ livelihoods are at risk because of several factors. This study was conducted to determine the risk management practices of the farmers encountered in rice production at the Municipality of Katipunan Zamboanga Del Norte. The study used a descriptive research design using a structured questionnaire as data gathering instrument. Random sampling method was used in selecting the one hundred twenty (120) respondents from the list of registered rice farmers outsourced from the office of the municipal agriculturist. The data gathered was statistically interpreted using frequency count and percentage. In this study, the researchers concluded that rice production is a complex system subject to various risks. In production risk, rice farmers were more exposed to the risk associated with the high cost of inputs in chemicals, high transportation cost is the most significant problem that the farmers are facing in marketing risk, lack of sources of capital in terms of the financial risk while insufficient manual labor in human risk. It is recommended that educational institutions, like Jose Rizal Memorial State University, and, in coordination with the Local Government Unit and other relevant government agencies, should conduct an extension program with a focus in providing opportunities for continued learning and develop new skills through the following risk management strategies: Integrated Pest Management (IPM), organic farming, and crop insurance. They should also be trained on the usage of different modern risk management techniques like insurance, integrated farming, and cooperative marketing.

Keywords: risk management strategies, rice production, production risk, marketing risk, financial risk, human risk, Katipunan, Zamboanga del Norte