Agricultural Business Courses

Agricultural Business (AGB) courses

• AGB 144 Agricultural Economics I

  Characteristics of our economic system and basic economic concepts with applications to agriculture. Effects on agriculture by money and banking systems, monetary and fiscal policies, government policies, and international trade.

  Credit hours	Lecture contact hours	Lab contact hours	Typically offered
  4	3	2	Fall, Spring

• AGB 314 Legal Aspects of Agriculture

  Recommended Prerequisite: 30 hours. Legal framework impinging upon decision making of farm business including farm ownership and transfer, taxation, business organization, losses, and regulations of land and water use. May be taught concurrently with AGB 644. Cannot receive credit for both AGB 314 and AGB 644.

  Credit hours	Lecture contact hours	Lab contact hours	Typically offered
  3	3	0	Fall

• AGB 334 Marketing Agricultural Products

  Recommended Prerequisite: AGB 144 or ECO 165. Marketing functions and agencies involved in the movement of farm products from producers to consumers. Explains how the economic behaviors of the farmers, marketing agents and consumers affect the organization and performance of the food markets.

  Credit hours	Lecture contact hours	Lab contact hours	Typically offered
  3	2	2	Fall, Spring, Summer

• AGB 344 Financing Agriculture

  Recommended Prerequisite: AGB 144. Capital requirements and sources and uses of each type of credit.

  Credit hours	Lecture contact hours	Lab contact hours	Typically offered
  3	2	2	Fall

• AGB 354 Land Economics

  Recommended Prerequisite: AGB 144. Principles and institutions affecting the allocation of land resources among uses and users.

  Credit hours	Lecture contact hours	Lab contact hours	Typically offered
  2	2	0	Summer

• AGB 364 Introduction to Agricultural Risk Management: Commodity Futures and Options

  Recommended Prerequisite: AGB 334. Introduction to the economic theory, organization, and operating principles of agricultural commodity futures markets. The course will give students the opportunity to explore, through theory and practice, the relationship between cash, futures, basis, exchange and local contracts, and other course concepts. Emphasis is placed on speculating, hedging, and investing in agricultural markets.

  Credit hours	Lecture contact hours	Lab contact hours	Typically offered
  3	2	2	Fall

• AGB 374 Agricultural Business Management

  Recommended Prerequisite: AGB 144. A study of agricultural firm management including planning, organizing, directing, controlling and coordinating functions used to attain business goals. The role of finance and type of business organization including agricultural cooperatives.

  Credit hours	Lecture contact hours	Lab contact hours	Typically offered
  3	2	2	Fall

• AGB 384 Agricultural Selling

  Recommended Prerequisite: AGB 334. Principles of selling with application to agricultural inputs and products. Attitudes, value systems, and behavioral patterns that relate to agricultural sales. Relationship of sales to marketing, selling strategies, preparing for sales calls, making sales presentations, handling objections, and closing sales. Analysis of the buying or purchasing process. Evaluation of agri-selling as a possible career choice.

  Credit hours	Lecture contact hours	Lab contact hours	Typically offered
  2	2	0	Fall, Spring

• AGB 394 Agricultural Industry Study

  Prerequisite: concurrent enrollment in AGB 494 for 1 credit hour; completion of 60 hours including 6 hours in agricultural business; and permission of instructor.

  A five-day study alternating between St. Louis and Kansas City to examine the management process of a variety of agricultural businesses. May be repeated to a maximum of two hours.

  Credit hours	Lecture contact hours	Lab contact hours	Typically offered
  1	0	2	Spring, Summer

• AGB 399 Special Topics in Agribusiness, Education and Communications

  Special study in an identified area of agricultural business, education or communications not treated in other courses. Variable content course. May be repeated to a maximum of 12 hours provided the same topic is not duplicated.

  Credit hours	Lecture contact hours	Lab contact hours	Typically offered
  1-3			Upon demand

• AGB 444 American Agricultural Policy

  Recommended Prerequisite: AGB 144. Description and analysis of economic problems of US Agriculture. History and significance of government programs to support farm prices and incomes, conserve land resources, encourage adequate food supplies and expand U.S. agricultural trade.

  Credit hours	Lecture contact hours	Lab contact hours	Typically offered
  3	3	0	Fall

• AGB 494 Problems in Agricultural Business

  Prerequisite: permission of instructor.

  Student selects a specific topic, prepares an outline, makes an investigation and presentation under the supervision of an agricultural business staff member.

  Credit hours	Lecture contact hours	Lab contact hours	Typically offered
  1-3			Fall, Spring

• AGB 499 Internship in Agribusiness, Agricultural Education and Communication

  Course in supervised agricultural work experience. A program to integrate class experience with actual practice and to provide students with hands-on experience in agricultural businesses or agricultural communications agencies. Variable content course. May be repeated to a maximum of eight hours.

  Credit hours	Lecture contact hours	Lab contact hours	Typically offered
  1-8			Fall, Spring, Summer

• AGB 514 International Agricultural Trade

  Prerequisite: AGB 334 or MKT 350.

  Gains from trade, agricultural trade policies of exporters and importers, exchange rates, multilateral trade negotiations, preferential trade agreements, technical barriers and environmental regulations and trade. May be taught concurrently with AGB 614. Cannot receive credit for both AGB 514 and AGB 614.

  Credit hours	Lecture contact hours	Lab contact hours	Typically offered
  3	2	2	Spring

• AGB 524 Agricultural Prices

  Prerequisite: AGB 334.

  Factors influencing the level and movement of agricultural commodity prices and prices of agricultural inputs. May be taught concurrently with AGB 624. Cannot receive credit for both AGB 524 and AGB 624.

  Credit hours	Lecture contact hours	Lab contact hours	Typically offered
  3	2	2	Fall

• AGB 534 Production Economics

  Prerequisite: AGB 144.

  Application of economics of production in agricultural and business management, examination of the relationships between inputs and outputs, and impact of technology selection on business profitability. May be taught concurrently with AGB 634. Cannot receive credit for both AGB 534 and AGB 634.

  Credit hours	Lecture contact hours	Lab contact hours	Typically offered
  3	3	0	Spring

• AGB 554 Agricultural Industry Study

  Prerequisite: 60 hours including 6 hours of AGB courses; and permission of instructor.

  A five-day study of Missouri agricultural businesses to examine the management process of a variety of management structures. May be repeated for up to four hours if traveling to a different location. May be taught concurrently with AGB 654. Cannot receive credit for both AGB 554 and AGB 654.

  Credit hours	Lecture contact hours	Lab contact hours	Typically offered
  2			Spring, Summer

• AGB 574 Advanced Agricultural Risk Management

  Recommended Prerequisite: AGB 364. This course explores theory and practice of agricultural risk management in production, market, finance, human, legal, and institutional risk. Students will construct an applicable risk management plan while developing tools and problem solving skills in identifying ways to mitigate risk. May be taught concurrently with AGB 674. Cannot receive credit for both AGB 574 and AGB 674.

  Credit hours	Lecture contact hours	Lab contact hours	Typically offered
  3	2	2	Spring

• AGB 584 Farm Business Management

  Prerequisite: AGB 144.

  Economic principles applied to the organization and operation of agricultural units; tools of decision-making; and factor allocation. May be taught concurrently with AGB 684. Cannot receive credit for both AGB 584 and AGB 684.

  Credit hours	Lecture contact hours	Lab contact hours	Typically offered
  3	2	2	Fall, Spring

• AGB 594 Agricultural Entrepreneurship

  This course is designed to explore the best foundational knowledge of owning your own business within the expansive industry that is agriculture. Course will cover various facets of entrepreneurship from resource evaluation to budgets and marketing. By the end of the course, not only will each student have an understanding of entrepreneurship but will also have a completed business plan built on that knowledge. Real world applications will also be explored through guest speakers from the local agricultural community and current event discussions. While most applications will be agriculturally focused, all topics that are discussed can be applied to other sectors of the business world. May be taught concurrently with AGB 694. Cannot receive credit for both AGB 594 and AGB 694.

  Credit hours	Lecture contact hours	Lab contact hours	Typically offered
  3	3	0	Spring

• AGB 614 International Agricultural Trade

  Recommended Prerequisite: AGB 334 or MKT 350. Gains from trade, agricultural trade policies of exporters and importers, exchange rates, multilateral trade negotiations, preferential trade agreements, technical barriers and environmental regulations and trade. May be taught concurrently with AGB 514. Cannot receive credit for both AGB 514 and AGB 614.

  Credit hours	Lecture contact hours	Lab contact hours	Typically offered
  3	2	2	Spring

• AGB 624 Agricultural Prices

  Recommended Prerequisite: AGB 334. Factors influencing the level and movement of agricultural commodity prices and prices of agricultural inputs. May be taught concurrently with AGB 524. Cannot receive credit for both AGB 524 and AGB 624.

  Credit hours	Lecture contact hours	Lab contact hours	Typically offered
  3	2	2	Fall

• AGB 634 Production Economics

  Prerequisite: AGB 144.

  Application of economics of production in agricultural and business management, examination of the relationships between inputs and outputs, and impact of technology selection on business profitability. May be taught concurrently with AGB 534. Cannot receive credit for both AGB 534 and AGB 634.

  Credit hours	Lecture contact hours	Lab contact hours	Typically offered
  3	3	0	Spring

• AGB 644 Legal Aspects of Agriculture

  Legal framework impinging upon decision making of farm business including farm ownership and transfer, taxation, business organization, losses, and regulations of land and water use. May be taught concurrently with AGB 314. Cannot receive credit for both AGB 314 and AGB 644.

  Credit hours	Lecture contact hours	Lab contact hours	Typically offered
  3	3	0	Fall

• AGB 654 Agricultural Industry Study

  Prerequisite: permission of instructor.

  A five-day study of Missouri agricultural businesses to examine the management process of a variety of management structures. May be repeated for up to four hours if traveling to a different location. May be taught concurrently with AGB 554. Cannot receive credit for both AGB 554 and AGB 654.

  Credit hours	Lecture contact hours	Lab contact hours	Typically offered
  2			Spring, Summer

• AGB 674 Advanced Agricultural Risk Management

  Recommended Prerequisite: AGB 364. This course explores theory and practice of agricultural risk management in production, market, finance, human, legal, and institutional risk. Students will construct an applicable risk management plan while developing tools and problem solving skills in identifying ways to mitigate risk. May be taught concurrently with AGB 574. Cannot receive credit for both AGB 574 and AGB 674.

  Credit hours	Lecture contact hours	Lab contact hours	Typically offered
  3	2	2	Spring

• AGB 684 Farm Business Management

  Recommended Prerequisite: AGB 144. Economic principles applied to the organization and operation of agricultural units; tools of decision-making; and factor allocation. May be taught concurrently with AGB 584. Cannot receive credit for both AGB 584 and AGB 684.

  Credit hours	Lecture contact hours	Lab contact hours	Typically offered
  3	2	2	Fall, Spring

• AGB 694 Agricultural Entrepreneurship

  This course is designed to explore the best foundational knowledge of owning your own business within the expansive industry that is agriculture. Course will cover various facets of entrepreneurship from resource evaluation to budgets and marketing. By the end of the course, not only will each student have an understanding of entrepreneurship but will also have a completed business plan built on that knowledge. Real world applications will also be explored through guest speakers from the local agricultural community and current event discussions. While most applications will be agriculturally focused, all topics that are discussed can be applied to other sectors of the business world. May be taught concurrently with AGB 594. Cannot receive credit for both AGB 594 and AGB 694.

  Credit hours	Lecture contact hours	Lab contact hours	Typically offered
  3	3	0	Spring