Is financial aid available?

Yes. In select learning programs, you can apply for financial aid or a scholarship if you can’t afford the enrollment fee. If fin aid or scholarship is available for your learning program selection, you’ll find a link to apply on the description page.

Strategies and Tools to Mitigate Agricultural Risk

Strategies and Tools to Mitigate Agricultural Risk

This course is part of Agribusiness and Sustainable Food Production Economics Specialization

Instructors: Paul B. Stoddard

1,879 already enrolled

Included with

Learn more

4 modules

Gain insight into a topic and learn the fundamentals.

10 reviews

Intermediate level

Recommended experience

1 week to complete

at 10 hours a week

Flexible schedule

Learn at your own pace

4 modules

Gain insight into a topic and learn the fundamentals.

10 reviews

Intermediate level

Recommended experience

1 week to complete

at 10 hours a week

Flexible schedule

Learn at your own pace

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

Details to know

Shareable certificate

Add to your LinkedIn profile

Assessments

6 assignments

Taught in English

See how employees at top companies are mastering in-demand skills

Learn more about Coursera for Business

logos of Petrobras, TATA, Danone, Capgemini, P&G and L'Oreal

Build your subject-matter expertise

This course is part of the Agribusiness and Sustainable Food Production Economics Specialization

When you enroll in this course, you'll also be enrolled in this Specialization.

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

Orientation Quiz 2 minutes
Module 1 Quiz 30 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

Paul B. Stoddard

University of Illinois Urbana-Champaign

4 Courses 9,909 learners

Offered by

University of Illinois Urbana-Champaign

Explore more from Business Strategy

University of Illinois Urbana-Champaign
Risks to Crop Production in Agriculture
Course
University of Illinois Urbana-Champaign
Supply Chain of Agriculture
Course
University of Illinois Urbana-Champaign
Agribusiness and Sustainable Food Production Economics
Specialization
University of Illinois Urbana-Champaign
Agriculture as an Asset Class
Course

Why people choose Coursera for their career

Felipe M.

Learner since 2018

"To be able to take courses at my own pace and rhythm has been an amazing experience. I can learn whenever it fits my schedule and mood."

Jennifer J.

Learner since 2020

"I directly applied the concepts and skills I learned from my courses to an exciting new project at work."

Larry W.

Learner since 2021

"When I need courses on topics that my university doesn't offer, Coursera is one of the best places to go."

Chaitanya A.

"Learning isn't just about being better at your job: it's so much more than that. Coursera allows me to learn without limits."

Open new doors with Coursera Plus

Unlimited access to 10,000+ world-class courses, hands-on projects, and job-ready certificate programs - all included in your subscription

Learn more

Advance your career with an online degree

Earn a degree from world-class universities - 100% online

Explore degrees

Join over 3,400 global companies that choose Coursera for Business

Upskill your employees to excel in the digital economy

Learn more

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.