Farmers have long had the goal of managing land for use by future generations. Accordingly, the U.S. Department of Agriculture aims to increase soil health by providing information about soil health management practices and systems of practices that will build soil health: the capacity of the soil to function as a vital living ecosystem to sustain life.
There are increasing concerns about the financial health of American farms as the farm sector's net cash income is expected to decline by 35 percent between 2013 and 2016. Further clouding the picture is that net cash income at the individual farm level can vary more than at the sector level. Farm real estate values likewise reached record highs in 2013 driven by high commodity prices and low interest rates, but are now slowing and in some regions declining.
The Priorities and Solutions Project is a one year project facilitated by the Council on Food, Agricultural and Resource Economics (C-FARE) in partnership with the Agricultural and Applied Economics Association (AAEA). We are delighted to announce the release of the Agricultural and Applied Economics Priorities and Solutions Report. Thank you to all that participated in the development of the report and the resulting event! The profession will use the report to communicate the importance of the profession as well as what it aims to do in the coming years to address grand challenges.
Using a conceptual value framework and the best available science, the project teams-comprised of experts on water quality, forests carbon sequestration, and pollinator habitat-developed reliable and consistent approaches for assessing monetary and non-monetary benefits of national conservation programs.
Successful expansion of the bioeconomy is limited by the availability of affordable, sustainable, high-performance feedstock. Delivery of this valuable resource starts with production on the farm, where valuable innovations have maximized yield, improved harvest efficiencies, and enhanced biomass quality metrics. Still, the value points along the feedstock supply chain determine the market feasibility of the bioeconomy. This event convenes biofuel feedstock logistics, production, and economic experts from across the nation to talk about the supply chain logistics and a vision for the future.
C-FARE recently released a report on 'Big Ag. Data' that examines Big Ag. Data's potential, challenges and opportunities, as well as future research questions and approaches for extension and outreach. See the executive summary of the paper here.View the full report here.
We invite you to the workshop "The Bio-economy: Technological and Policy Path Forward". The workshop took place from Friday, September 30 to Saturday, October 1 at Rutgers University in New Brunswick, NJ. The workshop will advance knowledge about policy effectiveness and identify what information is required for a robust bio-economy. The presentations will stimulate new ideas about energy and green chemistry policy, and industry, academic, and policy experts will examine the bio-economy by evaluating the interrelationship of bio-energy and bio-products. Participants contributed their ideas, insights and feedback.
See the program for the full event here.
At the workshop, the Steering Committee engaged six provocateurs to talk about the issues in these areas and related research, education and extension needs associated with the categories that came out of the survey. As a result, the workshop hosted presentations by:
Madhu Khanna, Professor of Agricultural and Consumer Economics, University of Illinois at
Mike Woods, Chair of the Department of Agricultural Economics, Oklahoma State University
Will Martin, Senior Research Fellow at the International Food Policy Research Institute. Dr. Martin is also President of the International Association of Agricultural Economists.
• Agricultural Production and Policy
Keith Coble, a W.L. Giles Distinguished Professor of Agricultural Economics, Mississippi State
• Agribusiness and Food Marketing Systems
James Vercammen, Professor of Food and Resource Economics, University of British Columbia
Jayson Lusk, Regents Professor and Willard Sparks Endowed Chair, Oklahoma State University