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Agricultural Risk Management Strategies

Learn effective strategies to mitigate risks in crop production, financial management, and agricultural land use for sustainable food production.

Learn effective strategies to mitigate risks in crop production, financial management, and agricultural land use for sustainable food production.

Explore comprehensive risk management strategies for agricultural production, covering crop, financial, and land risks. Learn water management, input decisions, insurance programs, marketing strategies, and land rental agreements. Discover traditional and innovative risk mitigation tools, including livestock production and agritourism. Ideal for agribusiness professionals and those interested in sustainable food production economics.

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Agricultural Risk Management Strategies

This course includes

13 Hours

Of Self-paced video lessons

Intermediate Level

Completion Certificate

awarded on course completion

2,435

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

  • Understand water management strategies for crop production

  • Analyze crop insurance and government support programs

  • Explore agricultural marketing and credit options

Skills you'll gain

risk management
crop production
financial risk
agricultural land
sustainable agriculture

This course includes:

2.5 Hours PreRecorded video

7 assignments

Access on Mobile, Tablet, Desktop

FullTime access

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There are 4 modules in this course

This course provides a comprehensive overview of risk management strategies in agriculture, focusing on crop production, financial risk mitigation, and agricultural land management. Learners will explore water management techniques, equipment and input decisions, insurance and government programs, marketing strategies, and various types of land rental agreements. The course also covers traditional risk management practices such as livestock production and off-farm employment, as well as innovative approaches like greenhouse cultivation and agritourism. Designed for professionals in agribusiness and those interested in sustainable food production economics, this course offers practical insights into managing the complex risks associated with agricultural operations.

COURSE ORIENTATION & MODULE 1 Crop Production Risks

Module 1 · 4 Hours to complete

Mitigation of Financial Risk in Agriculture

Module 2 · 2 Hours to complete

Mitigation of Agricultural Land Risk

Module 3 · 1 Hours to complete

Other Risk Mitigation Tools in Agriculture

Module 4 · 3 Hours to complete

Fee Structure

Payment options

Financial Aid

Instructors

Ailie Elmore
Ailie Elmore

4,981 Students

5 Courses

Expert in Agricultural Finance and Farm Management Education

Ailie Elmore serves as an academic instructor in the Department of Agricultural and Consumer Economics (ACE) at the University of Illinois Urbana-Champaign, bringing practical farming experience and academic expertise to her teaching role. With both a Bachelor of Science in Agricultural and Consumer Economics and a Master of Science in Agricultural and Applied Economics from UIUC, she specializes in the intersection of agriculture and finance. Her unique perspective comes from growing up on and continuing to work with her family's grain farming operation in Montgomery County, Illinois. She teaches a comprehensive range of courses including farm management, investment planning, personal finance, small business finance, and sales. Through Coursera, she leads several courses including "Agriculture as an Asset Class," "Issues in Supply Chain Management," and "Strategies and Tools to Mitigate Agricultural Risk," sharing her expertise in agricultural finance and risk management with a global audience. Her passion for commercial agriculture and its financial aspects drives her commitment to educating the next generation of agricultural professionals.

Bruce Sherrick, Ph.D.
Bruce Sherrick, Ph.D.

1,661 Students

3 Courses

Expert in Agricultural Economics and Farmland Research

Dr. Bruce Sherrick serves as a Professor in the Department of Agricultural and Consumer Economics and Director of the TIAA Center for Farmland Research at the University of Illinois Urbana-Champaign, where he holds the prestigious Fruin Professorship in Land Economics. His work focuses on improving agricultural financial systems, particularly in crop insurance and farmland valuation. As a key figure in agricultural finance, he contributes to Farmer Mac's loan-funding programs, enhancing farmers' access to capital across the United States. His expertise extends to developing sophisticated information systems that utilize big data and innovative computational strategies to analyze farmland values. As a member of the Farmland Technical Advisory Board, he plays a crucial role in Illinois' use-value farmland assessment system. His research combines agricultural economics with practical applications, helping to create more effective crop insurance programs and developing better understanding of agricultural asset markets. Through his leadership at the TIAA Center for Farmland Research, he continues to advance knowledge in agricultural finance and land economics while providing valuable insights for both academic and industry stakeholders.

Agricultural Risk Management Strategies

This course includes

13 Hours

Of Self-paced video lessons

Intermediate Level

Completion Certificate

awarded on course completion

2,435

Testimonials

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Frequently asked questions

Below are some of the most commonly asked questions about this course. We aim to provide clear and concise answers to help you better understand the course content, structure, and any other relevant information. If you have any additional questions or if your question is not listed here, please don't hesitate to reach out to our support team for further assistance.