Strategies and Tools to Mitigate Agricultural Risk
Ends soon! Keep adding new skills with 10,000+ programs for $239 (usually $399). Save now.
Strategies and Tools to Mitigate Agricultural Risk
This course is part of Agribusiness and Sustainable Food Production Economics Specialization
2,013 already enrolled
Included with
11 reviews
Recommended experience
11 reviews
Recommended experience
What you'll learn
Strategies to mitigate risk in crop production and with agricultural land
Management techniques to mitigate financial risks of agricultural production
Traditional and innovative risk management practices of agricultural production
Skills you'll gain
- Environment and Resource Management
- Strategic Marketing
- Risk Management
- Credit Risk
- Enterprise Risk Management (ERM)
- Water Resource Management
- Food and Beverage
- Risk Mitigation
- Loans
- Lease Contracts
- Insurance
- Risk Control
- Water Resources
- Marketing Management
- Marketing
- Land Management
- Water Sustainability
- Plant Operations and Management
- Insurance Policies
Details to know
6 assignments
See how employees at top companies are mastering in-demand skills
Build your subject-matter expertise
- Learn new concepts from industry experts
- Gain a foundational understanding of a subject or tool
- Develop job-relevant skills with hands-on projects
- Earn a shareable career certificate
There are 4 modules in this course
Learners will examine risk management strategies for crop production, discuss techniques and programs to mitigate financial risk, and describe the types of rental agreements for agricultural land use. Learners will also explore traditional and innovative risk management strategies used in agricultural food production.
This course is part of the College of ACES suite of online programs, including the graduate certificate, "Agribusiness and Sustainable Food Production Economics" that can be stacked toward an advanced degree in the College of ACES or the Gies College of Business. To learn more about online programs from the College of ACES and explore ways to apply your Coursera work toward a degree program at the University of Illinois, visit ACES Online at acesonline.illinois.edu.
In the course orientation, you will become familiar with the course, your classmates, and our learning environment. The orientation will also help you obtain the technical skills required for the course. In the second part of this module, you will explore water management strategies for crop production, discuss crop production inputs and equipment decisions to mitigate risks of agricultural production, and describe pesticide and fertilizer plans for pest management.
What's included
18 videos7 readings2 assignments1 discussion prompt
18 videos•Total 64 minutes
- Course Overview•5 minutes
- Meet Your Instructor | Dr. Nicholas D. Paulson•2 minutes
- Meet Your Instructor | Dr. Gary D. Schnitkey•2 minutes
- Meet Your Instructor | Dr. Bruce Sherrick•1 minute
- Meet Your Instructor | Paul Stoddard•2 minutes
- Meet Your Instructor | Ailie Elmore•2 minutes
- Meet Your Instructor | Dr. Joana Colussi•3 minutes
- Module 1 Introduction•2 minutes
- Drainage Tile•5 minutes
- Irrigation•6 minutes
- Equipment Size and Selection•4 minutes
- Input Contracting and Selection•5 minutes
- Crop Rotation•4 minutes
- Pest Management: Weeds, Fungus, and Insect Control•5 minutes
- Fertilizer Management and Plans•5 minutes
- Precision Technology•5 minutes
- Panel Discussion: Crop Production Risks•7 minutes
- Module Summary•2 minutes
7 readings•Total 164 minutes
- Syllabus•10 minutes
- Learn More About Flexible Learning Pathways•10 minutes
- Updating Your Profile•10 minutes
- Improving Drainage Management on Agricultural Lands•4 minutes
- Trends in U.S. Irrigated Agriculture: Increasing Resilience Under Water Supply Scarcity•120 minutes
- Most Row Crop Acreage Managed Using Auto-steer and Guidance Systems•6 minutes
- Risk Management Strategies•4 minutes
2 assignments•Total 32 minutes
- Module 1 Quiz•30 minutes
- Orientation Quiz•2 minutes
1 discussion prompt•Total 10 minutes
- Getting to Know Your Classmates•10 minutes
At the conclusion of this module, you will describe insurance and government programs for crop production, discuss agricultural marketing strategies, and explain the various types of agricultural credit and grain storage options for producers.
What's included
7 videos7 readings1 assignment
7 videos•Total 27 minutes
- Module 2 Introduction•2 minutes
- Crop Insurance•5 minutes
- Government Programs•4 minutes
- Agricultural Marketing•5 minutes
- Agricultural Credit Institutions•4 minutes
- Panel Discussion: Mitigation of Financial Risk in Agriculture•6 minutes
- Module Summary•2 minutes
7 readings•Total 116 minutes
- Crop Insurance at a Glance•6 minutes
- Revenue Protection: The Most Used Crop Insurance Product•8 minutes
- Government Programs & Risk•6 minutes
- Farm Bill Primer: Farm Safety Net Programs•6 minutes
- Farm Use of Futures, Options, and Marketing Contracts•70 minutes
- Grain Storage Capacity Can Buffer Impact of Transportation Disruptions•12 minutes
- Crop Production in Brazil Outpaces Storage Capacity•8 minutes
1 assignment•Total 30 minutes
- Module 2 Quiz•30 minutes
At the conclusion of this module, you will describe the types of land rental agreements in agricultural production and describe the variables associated with owning and managing agricultural land.
What's included
6 videos3 readings1 assignment
6 videos•Total 21 minutes
- Module 3 Introduction•1 minute
- Cash Rent Overview•4 minutes
- Owner/Operator: Direct Operated•4 minutes
- Custom Overview•4 minutes
- Panel Discussion: Mitigation of Agricultural Land Risk•6 minutes
- Module Summary•2 minutes
3 readings•Total 56 minutes
- Trends in Farmland Leasing•8 minutes
- Custom Farming - An Alternative to Leasing•8 minutes
- U.S. Farmland Ownership, Tenure, and Transfer•40 minutes
1 assignment•Total 30 minutes
- Module 3 Quiz•30 minutes
At the conclusion of this module, you will describe traditional risk management practices of agricultural production (e.g., livestock production, off-farm employment, and government payments) and discuss innovative risk management strategies (e.g., greenhouses and agritourism). At the conclusion of this module, you will be ready to complete the final assessment for the course and earn your Coursera certificate!
What's included
10 videos8 readings2 assignments
10 videos•Total 38 minutes
- Module 4 Introduction•2 minutes
- Livestock Production and Risk Mitigation•6 minutes
- Other Farm Income/Off Farm Employment•4 minutes
- Government Payments and Ad Hoc•4 minutes
- Greenhouses: Fruits and Vegetables•4 minutes
- Agrotourism•4 minutes
- Panel Discussion: Other Risk Mitigation Tools in Agriculture•7 minutes
- Module Summary•2 minutes
- Course Wrap-up •4 minutes
- Risk and Decision-Making in Agriculture | Graduate Certificate Course•2 minutes
8 readings•Total 73 minutes
- Biosecurity and Biological Risk Management for Livestock Enterprises•15 minutes
- "Ad Hoc Payments: A Leading Indicator of Farm Policy Change"•6 minutes
- The 2019 Market Facilitation Program•10 minutes
- Coronavirus Food Assistance Program (CFAP) Rules Announced•6 minutes
- Agritourism Allows Farms To Diversify and Has Potential Benefits for Rural Communities•6 minutes
- Congratulations!•10 minutes
- Stack your Coursera coursework toward a Graduate Certificate•10 minutes
- Get Your Course Certificate•10 minutes
2 assignments•Total 120 minutes
- Module 4 Quiz•30 minutes
- Final Assessment | Quiz•90 minutes
Earn a career certificate
Add this credential to your LinkedIn profile, resume, or CV. Share it on social media and in your performance review.
Instructors
Explore more from Business Strategy
- Status: Free TrialU
University of Illinois Urbana-Champaign
Course
- Status: Free TrialU
University of Illinois Urbana-Champaign
Course
- Status: Free TrialU
University of Illinois Urbana-Champaign
Specialization
- Status: Free TrialU
University of Illinois Urbana-Champaign
Course
Why people choose Coursera for their career
Frequently asked questions
Yes! Although completion of the Coursera course alone is not credit-bearing, it is a required component of a graduate-level Canvas course that can be "stacked" toward advanced credentials such as an academic (transcriptable) graduate certificate or a degree. If you decide to pursue further education, the credits you earn from this course can be applied toward a formal academic program, provided that you meet all the requirements of admission to the certificate or degree.
To access the course materials, assignments and to earn a Certificate, you will need to purchase the Certificate experience when you enroll in a course. You can try a Free Trial instead, or apply for Financial Aid. The course may offer 'Full Course, No Certificate' instead. This option lets you see all course materials, submit required assessments, and get a final grade. This also means that you will not be able to purchase a Certificate experience.
When you enroll in the course, you get access to all of the courses in the Specialization, and you earn a certificate when you complete the work. Your electronic Certificate will be added to your Accomplishments page - from there, you can print your Certificate or add it to your LinkedIn profile.
More questions
Financial aid available,