Strategies and Tools to Mitigate Agricultural Risk from Coursera

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.

What's inside

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!

Good to know

Know what's good

, what to watch for

, and possible dealbreakers

Designed for individuals involved in and considering agriculture

Introduces students to crop production risks and their mitigation

Covers various financial risk management strategies in agriculture

Informs learners about agricultural land risk and its mitigation techniques

Presents traditional and innovative risk management strategies in agriculture

Activities

Be better prepared before your course. Deepen your understanding during and after it. Supplement your coursework and achieve mastery of the topics covered in Strategies and Tools to Mitigate Agricultural Risk with these activities:

Review basic algebra skills

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Reviewing algebra skills will help you to understand the mathematical concepts covered in this course more easily.

Browse courses on Algebra

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Go over your notes from Algebra I and Algebra II.
Take practice problems from a textbook or online resource.

Watch videos on agricultural risk management

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Watching videos on agricultural risk management will help you to learn about the different types of risks that farmers face and how to manage them.

Browse courses on Risk Management

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Search for videos on agricultural risk management on YouTube or other video sharing websites.
Take notes on the key points from the videos.

Calculate insurance premiums

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Practicing calculating insurance premiums will help you to understand how insurance works and how to determine the cost of insurance for your farm.

Browse courses on Insurance

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Find a sample insurance policy online or in a textbook.
Calculate the premium for the policy using the information in the policy.

Four other activities

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Help other students in the course

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Helping other students in the course will reinforce your understanding of the material and develop your communication skills.

Browse courses on Risk Management

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Identify a student who needs help.
Offer to help the student with their work.
Meet with the student to help them with their work.

Write a paper on the importance of risk management in agriculture

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Writing a paper on the importance of risk management in agriculture will help you to synthesize your knowledge of the course material and develop your writing skills.

Browse courses on Risk Management

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Brainstorm a list of the key points you want to cover in your paper.
Research the topic and gather evidence to support your points.
Write an outline for your paper.
Write a draft of your paper.
Revise and edit your paper.

Review 'Risk Management in Agriculture' by Jerry W. Johnson

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Reviewing this book will help you to learn about the different types of risks that farmers face and how to manage them.

View Psychopharmacology on Amazon

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Read the book.
Take notes on the key points.
Write a summary of the book.

Attend a workshop on agricultural risk management

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Attending a workshop on agricultural risk management will allow you to learn from experts in the field and network with other farmers and agricultural professionals.

Browse courses on Risk Management

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Find a workshop on agricultural risk management in your area.
Register for the workshop.
Attend the workshop.

Career center

Learners who complete Strategies and Tools to Mitigate Agricultural Risk will develop knowledge and skills that may be useful to these careers:

Agriculture Teacher

An Agriculture Teacher educates students about agriculture and farming, and leads practical projects including crop production and animal husbandry. This course may be particularly useful for Agriculture Teachers who wish to teach students in more depth about risk management and mitigation, especially as it relates to crop production, finances, and land management.

See salaries and explore the career path for Agriculture Teacher

Farm Manager

A Farm Manager oversees the day-to-day operations of a farm, including crop production, livestock management, and financial planning. This course can equip Farm Managers with the knowledge and skills to effectively manage agricultural risks, including those related to crop production, finances, and land use.

See salaries and explore the career path for Farm Manager

Agriculturist

An Agriculturist applies scientific research and technology to agricultural practices. This course can help Agriculturists develop a more comprehensive understanding of risk management within the agricultural industry, helping them to make more informed decisions and mitigate potential risks associated with crop production, finances, and land ownership.

See salaries and explore the career path for Agriculturist

Crop Consultant

A Crop Consultant provides advice and guidance to farmers on crop production practices, including pest management, irrigation, and soil fertility. This course can help Crop Consultants expand their knowledge of risk management in crop production, enabling them to provide more comprehensive and effective advice to their clients.

See salaries and explore the career path for Crop Consultant

Agricultural Insurance Agent

An Agricultural Insurance Agent sells and services insurance policies to farmers and other agricultural businesses. This course can provide Agricultural Insurance Agents with a comprehensive understanding of risk management and insurance products in the agricultural sector, enabling them to better serve their clients.

See salaries and explore the career path for Agricultural Insurance Agent

Agricultural Loan Officer

An Agricultural Loan Officer evaluates and approves loan applications for farmers and other agricultural businesses. This course can help Agricultural Loan Officers gain a better understanding of risk management in agriculture, enabling them to make more informed lending decisions and provide guidance to borrowers on risk mitigation strategies.

See salaries and explore the career path for Agricultural Loan Officer

Agricultural Researcher

An Agricultural Researcher conducts research and experiments to develop new and improved agricultural practices and technologies. This course can help Agricultural Researchers gain a better understanding of risk management in agricultural production, enabling them to design and implement more effective research projects.

See salaries and explore the career path for Agricultural Researcher

Agricultural Economist

An Agricultural Economist applies economic principles to the agricultural industry, analyzing and interpreting data to inform decision-making. This course can help Agricultural Economists develop a deeper understanding of risk management in agricultural production and finance, enabling them to provide more informed advice to farmers and policymakers.

See salaries and explore the career path for Agricultural Economist

Agricultural Policy Analyst

An Agricultural Policy Analyst researches and analyzes agricultural policies and their impact on the industry. This course can provide Agricultural Policy Analysts with a deeper understanding of risk management in the agricultural sector, enabling them to develop more informed policy recommendations.

See salaries and explore the career path for Agricultural Policy Analyst

Soil Conservationist

A Soil Conservationist develops and implements plans to protect soil resources and reduce erosion. This course can help Soil Conservationists gain a better understanding of risk management in land use, enabling them to design and implement more effective conservation practices.

See salaries and explore the career path for Soil Conservationist

Water Resource Manager

A Water Resource Manager oversees the management and conservation of water resources. This course can help Water Resource Managers gain a better understanding of risk management in water use and allocation, enabling them to develop and implement more sustainable water management practices.

See salaries and explore the career path for Water Resource Manager

Livestock Specialist

A Livestock Specialist provides expertise and advice on livestock production and management practices. This course can help Livestock Specialists develop a deeper understanding of risk management in livestock operations, enabling them to provide more comprehensive and effective advice to farmers.

See salaries and explore the career path for Livestock Specialist

Food Safety Specialist

A Food Safety Specialist develops and implements programs to ensure the safety of food products. This course can help Food Safety Specialists gain a better understanding of risk management in agricultural production and food processing, enabling them to develop and implement more effective food safety measures.

See salaries and explore the career path for Food Safety Specialist

Environmental Scientist

An Environmental Scientist studies and analyzes environmental issues, including those related to agriculture. This course can provide Environmental Scientists with a broader understanding of risk management in agricultural practices, enabling them to better assess and mitigate environmental risks associated with farming and food production.

See salaries and explore the career path for Environmental Scientist

Agricultural Journalist

An Agricultural Journalist reports on agricultural news and issues for various media outlets. This course can provide Agricultural Journalists with a broader understanding of risk management in the agricultural industry, enabling them to more effectively report on and analyze agricultural risks and their impact on farmers, consumers, and the environment.

See salaries and explore the career path for Agricultural Journalist

Strategies and Tools to Mitigate Agricultural Risk

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