What risks are NOT included in custom farming?

The correct choice reflects the nature of custom farming, which typically involves specific financial arrangements for services rendered in agricultural production. Custom farming involves a contractual agreement where one party provides specific services, such as planting, harvesting, or operational support, usually for a fee.

When farming is conducted in exchange for goods, it does not fit within the parameters of custom farming because it lacks the clear monetary compensation that characterizes the custom farming arrangement. The essence of custom farming lies in the direct financial transactions for services, contrasting with barter or exchange arrangements that do not qualify as risk exposure in this context.

In contrast, using machinery for compensation involves direct payment for the services performed, which is a fundamental aspect of the risks involved in custom farming. Similarly, using farm equipment for neighbors and custom hiring for agricultural labor both entail financial agreements and commitments associated with the operational risks and liabilities of farming activities. These options represent typical scenarios where financial and operational risks are present, aligning them firmly with the concept of custom farming.