Why should a cattle rancher in Texas care about a severe drought hitting the Corn Belt states? Although genuine sympathy could be part of the answer, the main reason might be less charitable: cattle farmers in Texas are major buyers of corn from the Midwest. A drought in the Corn Belt would increase the corn […]
Author Archive | Sandy Dall’erba and Zhangliang Chen
New Research Directions on the Economic Impact of Climate Change on U.S. Agriculture
The attention generated by the impact of the summer 2012 drought on the Corn Belt exemplifies how vital it is for the U.S. agricultural sector to understand climate change and how to mitigate and/or adapt to it. While there is little controversy about whether agriculture is sensitive to changes in climatic conditions, significant uncertainty exists […]