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University of Illinois at Urbana-Champaign

Strategies and Tools to Mitigate Agricultural Risk

University of Illinois at Urbana-Champaign via Coursera

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Overview

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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-level course, "Risk and Decision-Making in Agriculture" that can be stacked toward a graduate certificate and graduate degree. 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 @ aces.illinois.edu/online.

Syllabus

  • 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.
  • MODULE 1 | Crop Production Risks
    • At the conclusion of this module, learners will be able to explain 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.
  • MODULE 2 | Mitigation of Financial Risk in Agriculture
    • At the conclusion of this module, learners will be able to 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.
  • MODULE 3 | Mitigation of Agricultural Land Risk
    • At the conclusion of this module, learners will be able to describe the types of land rental agreements in agricultural production and describe the variables associated with owning and managing agricultural land.
  • MODULE 4 | Other Risk Mitigation Tools in Agriculture
    • At the conclusion of this module, learners will be able to 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).
  • COURSE CONCLUSION
    • You are ready to complete the final assessment for the course and earn your Coursera certificate!

Taught by

Bruce Sherrick, Ph.D., Gary Schnitkey, Ph.D., Joana Colussi, Ph.D., Nicholas Paulson, Ph.D., Ailie Elmore and Paul B. Stoddard

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