What kind of plants are you growing? What is your climate like?
Many types of beetles have similar looking larvae to that one. June bugs, Japanese Beetles and many other look almost the same at that stage of development. I
feed them all to the
chickens when I come across them. I'm sure most are harmless but I can't just pass up free
chicken food. It might be worth checking out what types of beetles are common in your area and then taking note of what they eat. If you're growing grapes, and you live in an area that gets lots of Japanese Beetle damage, you might decide to kill the grubs when you see them. You can also set a flock of
chickens loose on freshly tilled ground to help knock down their population. Chickens are suck good grub hunters.