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The Economics Behind The Headlines: January 2007

ERS Data and Analysis Can Shed More Light on Current Events

In the News

USDA To Review Counter-Cyclical Payments to Farmers (Dow Jones, January 31, 2007)

From ERS

Managing Risk With Revenue Insurance. Revenue insurance may do a better job of stabilizing farm income and may protect more farms than other risk management tools. Crop revenue insurance offers farmers a way to manage revenue variability that results from yield and price risks.

In the News

Health Advocates Question Food Decisions in DC Schools (Washington Post January 30, 2007)

From ERS

Evaluating the Impact of School Nutrition Programs. ERS develops estimates of the efficacy of school nutrition programs in improving a broad range of dietary outcomes by comparing the nutritional status of students and their families during the school year with the status when school is out.

In the News

USDA Partners with Arkansas on Land Conservation Program (Reuters, January 29, 2007)

From ERS

Better Targeting, Better Outcomes. ERS study estimated that targeting of land for the Conservation Reserve Program (CRP) based on the Environmental Benefits Index (rather than on soil erosion alone) may have increased environmental benefits associated with freshwater recreation, wildlife viewing, and pheasant hunting.

In the News

U.N. Calls For Reform in Global Food Aid (Wires, January 24, 2007)

From ERS

Fifty Years of U.S. Food Aid and Its Role in Reducing World Hunger. Indicators developed by ERS lead to the conclusion that the aggregate food security situation—measured by food availability of many low-income countries—has improved little in the last decade. Differing objectives in food aid programs, lack of consistency among donors’ approaches, and types of food donated are among the factors that limit the effectiveness of food aid.

In the News

Bush: Corn Production Could Limit Ethanol Growth (Reuters, January 24, 2007)

From ERS

Ethanol Reshapes the Corn Market. The expanding U.S. ethanol sector is stimulating demand for corn. To meet the sector’s growing demand for corn, some U.S. corn is likely to be diverted from exports. In the future, corn may cease to be the main feedstock for U.S. ethanol production if cellulosic biomass is successfully developed as an alternative.

In the News

Two Views of Genetically Modified Crops (San Francisco Chronicle, January 19, 2007)

From ERS

The First Decade of Genetically Engineered Crops in the United States. ERS summarizes the impact of developments in agricultural biotechnology on seed suppliers and other biotech firms, farmers, and consumers, as well as environmental impacts. Adoption by farmers is widespread, and consumer concerns about GE ingredients vary by country.

In the News

Conservation Group Favors “Green” Payments to Farmers (Reuters, January 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. An ERS issue brief focuses on potential tradeoffs in combining income support and environmental objectives in a single program.

In the News

Corn Price Jumps With Output Lower Than Expected (Wall Street Journal, Chicago Tribune, January 13, 2007)

From ERS

Feed Outlook. ERS January newsletter on the feed sector indicates a reduction in corn and sorghum production in 2006/07. With U.S. feed grain stocks down, forecast season-average prices are up.

In the News

India Competing with U.S. for China Cotton Trade (Reuters, January 10, 2007)

From ERS

Growth Prospects for India's Cotton and Textile Industries. Demand for cotton and manmade fibers in India will likely strengthen in response to rising consumer demand in India and increased exports of textiles and apparel following removal of the Multifiber Arrangement that effectively limited textile exports from developing countries.

In the News

Brazil’s Corn Sector Could Gain from U.S. Ethanol Demand (Reuters, January 10, 2007)

From ERS

Brazil's Booming Agriculture Faces Obstacles. Brazil's position as a food and agricultural superpower could be threatened as supply-side factors slow production growth and rising domestic demand reduces surpluses.

In the News

Alaska May Temporarily Ban Farm Irrigation Wells (Omaha World-Herald, January 10, 2007)

From ERS

Irrigation Resources and Water Costs. Irrigated agriculture remains the dominant use of freshwater in the United States. The nation as a whole has abundant freshwater supplies, but an abundance of water in the aggregate belies increasingly limited water supplies in many areas.

In the News

Editorial Favors Labeling of Meat and Milk From Cloned Animals (Columbus Dispatch, Ohio, January 4, 2007)

From ERS

Economics of Food Labeling. Economic theory suggests that the appropriate role for government in labeling depends on the type of information involved and the level and distribution of the costs and benefits of providing that information. ERS traces the economic theory behind food labeling and presents three case studies.

In the News

Biodiesel From Chicken Fat? (Washington Post, Associated Press, January 3, 2007)

From ERS

International Trade, Biofuel Initiatives Reshaping the Soybean Sector. Increased domestic and global demand over the past decade continues to pull U.S. soybean production steadily upward, prompting producers to shift acres from wheat to soybeans. Expanding use of corn and soybeans for domestic biofuel production and global market trends are likely to influence the future of the soybean sector.

 

See previous economics behind the headlines

 

For more information, contact: Mary Reardon

Web administration: webadmin@ers.usda.gov

Updated date: March 22, 2007