Course

Risks to Crop Production in Agriculture

University of Illinois at Urbana-Champaign

Risks to Crop Production in Agriculture is a comprehensive course that delves into the intricate dynamics of agricultural risk management. Throughout this program, learners will explore the crop production cycles for annual and permanent food production crops, understand the financial characteristics and volatility of capital-intensive agriculture, and gain insights into the various types of land ownership and rental agreements in agriculture. Furthermore, the course delves into the personal, external, and food production risks that significantly influence decision-making in agriculture. This course is designed to provide a holistic understanding of the complexities involved in agricultural risk management, making it an invaluable resource for professionals and enthusiasts alike.

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Risks to Crop Production in Agriculture
Course Modules

Risks to Crop Production in Agriculture comprises six modules that cover a wide array of topics including crop production cycles, financial characteristics, land tenure, and influential factors in agriculture decision-making, providing a comprehensive understanding of risk management in agriculture.

COURSE ORIENTATION

The course orientation module provides an overview of the program, introduces the instructors, and familiarizes learners with the syllabus and flexible learning pathways. It also includes an orientation quiz and encourages interaction among classmates.

MODULE 1 | Crop Production Cycle

Module 1 delves into the crop production cycle, covering topics such as common production practices, permanent crops, harvesting, nutrient management, pest management, and the USDA crop calendar charts. This module also explores sustainable agriculture and U.S. agricultural policy review.

MODULE 2 | Financial Characteristics and Risks in Agriculture

Module 2 focuses on the financial characteristics and risks in agriculture, discussing farm structures, capital intensity, cash flows, input vs. output prices volatility, and the transfer of agricultural land. It also provides insights into the farm sector income and finances.

MODULE 3 | Land Tenure

Land tenure is the central theme of Module 3, exploring ownership of agricultural land, forms of ownership, rental agreements, land sustainability concerns, and U.S. farmland ownership, tenure, and transfer. This module provides a comprehensive understanding of agricultural land tenure.

MODULE 4 | Other Factors Influencing Risk and Decision-Making in Agriculture

Module 4 covers other factors influencing risk and decision-making in agriculture, including off-farm employment, agricultural policy, global trade flows, energy use, geopolitical issues, legal aspects, and livestock production risks. It also explores the impacts of economic crises and regional wars on global food security.

COURSE CONCLUSION

The course conclusion module wraps up the program, providing information about the graduate certificate course in risk and decision-making in agriculture, guiding learners on stacking their Coursera certificate toward graduate coursework, and completing the final assessment.

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