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.
Instructors:
English
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
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
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.
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.
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