Research work involved development of the integrated model for risk assessment and management in agriculture, including the integrated risk assessment methodology, risk management model, risk-adjusted farm efficiency assessment methodology. This model enables identifying risk factors of a farm, the change of risk over time, direction and scope of the effect of individual types of risks on the total risks, and, in view of the direction and scope of the effect, selecting the appropriate risk mitigation measures. The Ministry of Agriculture of the Republic of Lithuania recommended applying the model at agricultural companies and farmers’ farms. <...>