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From Farm Income to Food Consumption: Valuing USDA Data Products

Released October, 2013

Updated, July 8, 2016.

Full report Executive summary
Full Report Executive Summary

The need to economize in the face of tightening budgets has sparked efforts to determine the value of U.S. Department of Agricultural (USDA) data products. As a result, USDA’s Office of the Chief Economist (OCE), the Economic Research Service (ERS), and the National Agricultural Statistics Service (NASS) asked the Council on Food, Agricultural and Resource Economics (C-FARE) to conduct a “review of the value to the public of surveying and reporting commodity statistics.” The report surveys the social science literature on the value of public data, explores the research on the value of USDA data, and describes a framework for prioritizing data collection and reporting.

Press Release

Click here to download press release.

 

Seminar

On May 16, 2013 The Council on Food, Agricultural and Resource Economics (C-FARE) held a seminar in Washington, D.C.as a part of a project to elucidating the value of data collected by the U.S. Department of Agriculture (USDA). Specific objectives of the project are to:

  1. Summarize the major USDA data collection efforts;
  2. Provide a conceptual framework for determining the value of information;
  3. Outline an approach to prioritize the net benefits of alternative USDA data products;
  4. Summarize the academic research on the effects and value of USDA data products;
  5. Provide, where possible, case-study accounts of effects of prior discontinuations of USDA data products; and
  6. Make recommendations, should any arise, on opportunities to increase the value of USDA data collection efforts.

May 16 agenda and presentations

Last updated: July 8, 2016