The Environmental Protection Agency (EPA) recently published the final rule that establishes the volume requirements for calendar years 2014, 2015, and 2016 under the Renewable Fuel Standard (RFS). Previous discussions about EPA’s arguments for use of the general waiver authority in the RFS statute reviewed a leaked version of the proposed rule and the proposed […]
Archive | Economics
Livestock program breaks the cycle of hunger in Zambia’s Copperbelt
By Alex Winter-Nelson and Kashi Kafle on January 13, 2016 in Economics, Food and Nutrition, International
International livestock donation is a popular way for people in prosperous countries to support families in need in developing regions. By giving farm animals, donors might provide access to foods like milk and eggs and also provide a source of regular income to reduce poverty and further improve nutrition. While recipients of donated animals often […]
Redirected flood waters lead to unintended consequences
An intricate system of basins, channels, and levees called the Headwaters Diversion carries water from the eastern Missouri Ozark Plateau to the Mississippi River south of Cape Girardeau. The system protects 1.2 million acres of agricultural lands in southeast Missouri from both overflow from the Mississippi River during flooding events and from Ozark Plateau runoff. […]
Holiday Spirits: Notes from the Bourbon Trail
Good fortune recently provided me a brief, pre-holiday detour on Kentucky’s Bourbon Trail with my dad and brothers. The amber of the value-added agricultural products and the informative tours included a few interesting bits of farm policy and history – starting with the fact that our visit (unintentionally) coincided with the 82nd anniversary of the […]
Can peers help improve crop revenues in villages in India?
By Tisorn Songsermsawas, Kathy Baylis and Hope Michelson on December 7, 2015 in Agriculture, Consumer, Economics, International
Why do some farmers earn more than others? Scholars have worked to explain the large observed differences in economic outcomes across firms, households, and industries. In developing countries, where small farmers often face limited access to agricultural markets, their agricultural revenues can vary dramatically within the same region, even after accounting for differences in capital […]
Preventing Postharvest Loss for Global Food Security
Last week, U.S. Secretary of Agriculture Tom Vilsack kicked off the 2015-16 International Food Security at Illinois seminar series with a talk on discuss how land-grant universities could help improve world food security. We face the global challenge to feed a world of 10.5 to 11 billion people by 2050. As incomes rise, people demand […]
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 […]
“You Quit??” – Small Farmer Contracting and the Importance of Dropout
Over the past 20 years, international trade liberalization and various reforms have dismantled many government controls on agricultural markets in the developing world, opening new commercial spheres for farm products and new marketing choices for farmers in the Global South[1]. One class of these opportunities is linked to the modernization and expansion of agricultural value […]
Reviewing USDA’s Revised Conservation Compliance Regulation
On Friday, April 24, 2015, the Farm Service Agency (FSA) published its regulation for attaching conservation compliance to the portion of premium covered by the Federal Crop Insurance Corporation (FCIC), known as premium subsidy. Section 2611 of the 2014 Farm Bill (Agricultural Act of 2014) made Highly Erodible Land (HEL) and Wetlands conservation compliance provisions […]
Why formal credit eludes African smallholder farmers and the role of village moneylenders
Eyeballing the bowl of ugali lying on the rough-edged wooden table for eight, the African farmer feels once again let down by those more powerful than herself: weather, God and government. Rewinding this year’s events, the rain was unmoved by the collective prayers and tantalized villagers with an elusive appearance. With pest killers selling at […]