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The Economics Behind The Headlines: April 2007

ERS Data and Analysis Can Shed More Light on Current Events

In the News

Higher Commodity Prices Affect Food Programs (Des Moines Register, April 24, 2007)

From ERS

Issues in Food Assistance—The Emergency Food Assistance System: Findings from the Client Survey. Food pantries and emergency kitchens play an important role in feeding America's low-income and needy populations. These organizations are part of the Emergency Food Assistance System (EFAS), a network run largely by private organizations with some Federal support. In a typical month in 2001, food pantries served about 12.5 million people, and emergency kitchens served about 1.1 million people.

In the News

Administration Is Building Support for Buying Some Food Aid Commodities Abroad (New York Times, April 22, 2007)

From ERS

Food Security Assessment, 2005. ERS estimates and projects the number of malnourished people globally, regionally, and in each of 70 lower income countries studied. ERS also projects the extent of the distribution gap: (the amount of food needed to raise consumption of each income group to the nutritional requirement).

In the News

Ag Committee Chairmen Differ on Crop Insurance, Disaster Relief (Congressional Quarterly, April 20, 2007)

From ERS

Why Hasn't Crop Insurance Eliminated Disaster Assistance? The U.S. Government has promoted crop insurance over disaster payments as a primary risk management tool. Subsidies to encourage producer participation have been steadily increased. But, despite gains in insurance coverage, disaster payments remain high.

In the News

Organic Growers Lobby Congress on Farm Bill (San Francisco Chronicle, April 19, 2007)

From ERS

Organic Production, 1992-2005. ERS provides data showing the change in U.S. organic acreage and livestock numbers from 1992 to 2005. The demand for organic agricultural products has been growing. The total amount of U.S. certified organic cropland has grown from about 400,000 acres in 1992 to over 1.7 million acres in 2005. State data are included.

In the News

Ethanol Boom a Factor in Food Price Rise This Year (Wall Street Journal, April 17, 2007)

From ERS

Analysis and Forecasts of the CPI for Food. “In 2007, the Consumer Price Index (CPI) for all food is projected to increase 2.5 to 3.5 percent, as retailers pass on higher commodity and energy costs to consumers in the form of slightly higher retail prices.” ERS updates its analysis and forecasts monthly.

In the News

Senator Harkin Urges Emphasis on Conservation in Farm Programs (Reuters, April 17, 2007)

From ERS

Greening Income Support and Supporting Green. “Green payments” refer broadly to farm payment programs that would merge farm income support and conservation payments. Most producers do not receive both commodity and conservation program payments, so melding income and conservation programs would likely require some compromise of income support and environmental objectives.

In the News

Selling “Pollution Credits” (New York Times, April 13, 2007)

From ERS

Environmental Credit Trading: Can Farming Benefit? Environmental credit trading is a market-based approach to comply with regulations that could achieve pollution abatement goals at a lower cost than command-and-control regulations that limit emissions to a set level or require installation of specific technologies. Farmers can participate in some credit trading programs by generating pollution-reduction credits and selling them to regulated firms.

In the News

Ag Secretary Says Ethanol Boom a Challenge for Livestock Producers (Associated Press, April 9, 2007)

From ERS

Bioenergy Briefing Room. With interest in renewable energy intensifying, an ERS online briefing room provides information on commodity supply and demand, retail food prices, and impacts of bioenergy development on the food/farm sector.

In the News

Tainted Food Shipped From China Is Recognized Problem (Wall Street Journal, April 9, 2007)

From ERS

Food Safety Improvements Underway in China. Facing growing demand abroad and at home for safer food, China is overhauling its food system to meet international food safety standards. Adverse publicity about contaminated food exports and growing domestic concerns have prompted China to improve overall food safety. Producing safer food for export is challenging, expensive, and reduces China’s cost advantage.

In the News

Monsanto Will Likely Raise Forecasts for GM Corn Use (Financial Times, April 5, 2007)

From ERS

Adoption of Genetically Engineered Crops in the U.S. The use of biotechnology-derived corn seeds grew from 25 percent of all corn planted in the U.S. in 2000 to 61 percent in 2006. The adoption of stacked gene varieties (i.e., multiple genetically engineered traits) only accounted for 15 percent of the corn planted in 2006, but improvements in the productivity of these varieties may result in an increase in the share of planting.

In the News

Arkansas Firm Develops New, Fast Test for Foodborne Pathogens (Associated Press, April 2, 2007)

From ERS

Food Safety Innovation in the United States: Evidence from the Meat Industry. Recent industry innovations improving the safety of the Nation's meat supply include new pathogen tests, high-tech equipment, supply chain management systems, and surveillance networks. The industry has also developed a number of mechanisms to stimulate investment in food safety innovations despite fairly weak market incentives.

See previous economics behind the headlines

 

For more information, contact: Mary Reardon

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Updated date: May 25, 2007