Influence of Rising Commodity Prices on the Conservation Reserve Program (CRP) PDF Download
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Author:
Publisher: DIANE Publishing
ISBN: 1437981690
Category :
Languages : en
Pages : 44
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Book Description
Author:
Publisher: DIANE Publishing
ISBN: 1437981690
Category :
Languages : en
Pages : 44
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Book Description
Author: Randall Dean Schnepf
Publisher:
ISBN:
Category : Business & Economics
Languages : en
Pages : 84
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Book Description
All major U.S. agricultural program crops -- corn, barley, sorghum, oats, wheat, rice, and soybeans -- have exhibited extreme price volatility since mid-2007, while rising to record or near-record levels in early 2008. Several international organisations have announced that the sharply rising commodity prices are likely to have dire consequences for the world's vulnerable populations, particularly in import-dependent, less developed nations. In the United States, high commodity prices have pushed farm income to successive annual records and have sharply lowered government farm program costs, but they have also stoked the flames of food price inflation and have raised costs for livestock producers and food processors. In addition, high, unexpectedly volatile prices have increased the risk and costs associated with grain merchandising. In particular, they have dramatically increased the cost of routine hedging activities (i.e., pricing commodities for purchase, delivery, or use at some future date) at commodity futures exchanges and, as a result, have diminished "forward contracting" opportunities for grain and oilseed producers who are eager to take advantage of record high market prices. For some crops (particularly for wheat and rice), the price increases are likely to be relatively short-term in nature and are due to weather-related crop shortfalls in major producer and consumer countries, a weak U.S. dollar that has helped spark large increases in U.S. exports, a bidding war among major U.S. crops for land in the months leading up to spring planting in 2008, and the often perverse price effects resulting from international policy responses by several major exporting and importing nations to protect their domestic markets. Assuming a return to normal weather, these factors will likely self-correct within two growing seasons as global supplies are replenished and prices moderate. For coarse grains (corn, sorghum, barley, oats, and rye), oilseeds, and oilseed products (e.g., vegetable oil and meal), the price increases have also been due to strong, sustained demand deriving from two sources: robust income growth in developing countries (e.g., China and India), which has contributed to increased demand for meat products and the feed grains needed to produce that meat; and growing agricultural feedstock demand to meet large increases in government biofuel-usage mandates or goals in the United States, the European Union, and other countries. Market analysts, including the United Nations' Food and Agricultural Organization (FAO), are predicting record global grain and oilseed production in 2008 in response to the high market prices. However, given the overall strength in demand growth, most market analysts predict that when commodity supplies eventually recover and prices moderate from current high levels, the new equilibrium prices will be significantly higher than has traditionally been observed during periods of market balance. This book examines the causes, consequences, and outlook for prices of the major U.S. program crops
Author: Joshua S. Graff Zivin
Publisher: University of Chicago Press
ISBN: 0226988031
Category : Art
Languages : en
Pages : 310
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Book Description
Using economic models and empirical analysis, this volume examines a wide range of agricultural and biofuel policy issues and their effects on American agricultural and related agrarian insurance markets. Beginning with a look at the distribution of funds by insurance programs—created to support farmers but often benefiting crop processors instead—the book then examines the demand for biofuel and the effects of biofuel policies on agricultural price uncertainty. Also discussed are genetically engineered crops, which are assuming an increasingly important role in arbitrating tensions between energy production, environmental protection, and the global food supply. Other contributions discuss the major effects of genetic engineering on worldwide food markets. By addressing some of the most challenging topics at the intersection of agriculture and biotechnology, this volume informs crucial debates.
Author: United States. Department of Agriculture. Economic Research Service
Publisher:
ISBN:
Category : Agricultural resources
Languages : en
Pages : 358
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Book Description
Author: Janis Mc Farland Ph.D.
Publisher: Elsevier
ISBN: 0080559638
Category : Technology & Engineering
Languages : en
Pages : 604
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Book Description
Over the past 50 years, triazines have made a great impact on agriculture and world hunger by assisting in the development of new farming methods, providing greater farming and land use capabilities, and increasing crop yields. Triazines are registered in over 80 countries and save billions of dollars a year. The Triazine Herbicides is the one book that presents a comprehensive view of the total science and agriculture of these chemicals. With emphasis on how the chemicals are studied and developed, reviewed, and used at the agricultural level this book provides valuable insight into the benefits of triazine herbicides for sustainable agriculture. - Presents previously unpublished information on the discovery, development and marketing of herbicides - Includes a vital section on the origin, use, economics and fate of triazine herbicides - Covers benefits of triazines in corn and sorghum, sugarcane, citrus, fruit and nut crops - Establishes best management practice and environmental benefits of use in conservation tillage
Author: Sharon E. Kroening
Publisher:
ISBN:
Category : Earth sciences
Languages : en
Pages : 122
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Book Description
Author:
Publisher:
ISBN:
Category :
Languages : en
Pages : 544
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Book Description
Author: Peter Milton Feather
Publisher:
ISBN:
Category : Agricultural conservation
Languages : en
Pages : 64
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Book Description
Author: Committee on Biobased Industrial Products
Publisher: National Academies Press
ISBN: 0309521858
Category : Technology & Engineering
Languages : en
Pages : 163
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Book Description
Petroleum-based industrial products have gradually replaced products derived from biological materials. However, biologically based products are making a comeback--because of a threefold increase in farm productivity and new technologies. Biobased Industrial Products envisions a biobased industrial future, where starch will be used to make biopolymers and vegetable oils will become a routine component in lubricants and detergents. Biobased Industrial Products overviews the U.S. land resources available for agricultural production, summarizes plant materials currently produced, and describes prospects for increasing varieties and yields. The committee discusses the concept of the biorefinery and outlines proven and potential thermal, mechanical, and chemical technologies for conversion of natural resources to industrial applications. The committee also illustrates the developmental dynamics of biobased products through existing examples, as well as products still on the drawing board, and it identifies priorities for research and development.
Author: National Research Council
Publisher: National Academies Press
ISBN: 0309187516
Category : Technology & Engineering
Languages : en
Pages : 416
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Book Description
In the United States, we have come to depend on plentiful and inexpensive energy to support our economy and lifestyles. In recent years, many questions have been raised regarding the sustainability of our current pattern of high consumption of nonrenewable energy and its environmental consequences. Further, because the United States imports about 55 percent of the nation's consumption of crude oil, there are additional concerns about the security of supply. Hence, efforts are being made to find alternatives to our current pathway, including greater energy efficiency and use of energy sources that could lower greenhouse gas (GHG) emissions such as nuclear and renewable sources, including solar, wind, geothermal, and biofuels. The United States has a long history with biofuels and the nation is on a course charted to achieve a substantial increase in biofuels. Renewable Fuel Standard evaluates the economic and environmental consequences of increasing biofuels production as a result of Renewable Fuels Standard, as amended by EISA (RFS2). The report describes biofuels produced in 2010 and those projected to be produced and consumed by 2022, reviews model projections and other estimates of the relative impact on the prices of land, and discusses the potential environmental harm and benefits of biofuels production and the barriers to achieving the RFS2 consumption mandate. Policy makers, investors, leaders in the transportation sector, and others with concerns for the environment, economy, and energy security can rely on the recommendations provided in this report.
