The paper examines the nature and degree of instability in yields, prices and gross returns of different crops in Jessore district. Considering the coefficient of variation around the trend (CVt) of prices and gross returns, cereal crops were found to be relatively less risky compared to other crops. Price instability was higher than yield instability. The study emphasizes the need for price stabilization of agricultural commodities. Crop yield instability was also high. This necessitates intensive training of farmers and extension agents in matters of farm management and planning.