This study examined the impact of risk management strategies’ adoption on fish output and food security among women aquaculture farmers in Ondo State, Nigeria. Multistage sampling procedure was used to select 90 respondents. Endogenous switching regression model and recursive bivariate probit model were employed to carry out the impact analysis. The empirical findings revealed that farmer’s age, household size, education, non-farm income, pond system, quantity of feed, credit constraint, and risk attitude significantly influenced risk management strategies’ adoption. Moreover, adoption of risk management strategies increased fish output and reduced food insecurity among women aquaculture farmers. In conclusion, adoption of risk management strategies is capable of enhancing fish output and reducing food insecurity. Therefore, development agents should encourage women aquaculture farmers to adopt risk management strategies in order to have increased fish output and reduced food insecurity which can help in bridging fish supply-demand gap and reducing their level of vulnerability.