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The Economics Behind the Headlines:
May 2005


ERS data and analysis can shed more light on current events.

In the News

Some farmers reluctant to retire (Associated Press, May 26, 2005)
From ERS How Do U.S. Farmers Plan for Retirement? While fewer farm operators are covered by employer-sponsored pensions than are nonfarmers, a majority of farm operators have accumulated diversified financial portfolios, including individual retirement savings. Tax laws may encourage older farmers to hold onto their land and rent it out.

In the News

Anti-hunger advocates urge gleaning of surplus food (Washington Times, May 24, 2005)
From ERS Estimating and Addressing America’s Food Losses (pdf). Quantities of wholesome, edible food are lost at every stage of the marketing system. ERS examined data on food waste and built on it to generate estimates of food loss by retailers, consumers, and foodservice establishments.

In the News

Food and its political implications (Kansas City Star, May 22, 2005)
From ERS From Supply Push to Demand Pull: Agribusiness Strategies for Today's Consumers. Changing consumer preferences, along with technological advances and other changes, offer agribusiness companies new opportunities. A growing consumer segment cares not only about what’s produced, but how it’s produced. Examples are dolphin-safe tuna, environmentally friendly pork, and Fair Trade Certified coffee.

In the News

Breakfast: the most important meal (New York Times, May 17, 2005)
From ERS Americans' Whole-Grain Consumption Below Guidelines. The newly revised Dietary Guidelines for Americans, released in January 2005, recommend that half of all daily grain servings be whole grains. ERS research indicates that if Americans consume whole grains at a meal, it is likely to be at breakfast.

In the News

Commerce Secretary cites need for NAFTA update (Dow Jones, May 13, 2005)
From ERS The Growing Integration of North American Agriculture. In the 11 years since implementation of the North American Free Trade Agreement (NAFTA), the agricultural sectors of Canada, Mexico, and the United States have become much more integrated.

In the News

Textile trade groups differ on CAFTA (Washington Times, May 10, 2005; Wires, May 9, 2005)
From ERS The Forces Shaping World Cotton Consumption After the Multifiber Arrangement. Elimination of the Multifiber Arrangement (MFA) with its per-country export quotas is reshaping world textile and cotton markets. But in the long run, income growth and technical change have more impact on world cotton consumption than does elimination of the MFA.

In the News

Smaller Farms in D.C. area find ways to profit (Washington Times, May 8, 2005)
From ERS Small farms Can Grow Into Large Enterprises. Some smaller farms are managing to grow despite global competition and lack of capital. Operators of these “emergent adaptive farms” tend to be younger producers of high-value commodities who are located near metropolitan areas and earn a significant portion of their income from off-farm sources.

In the News

Agriculture Secretary announces $91 million for children’s food aid (Wires, May 3, 2005)
From ERS Food Security Assessment. Just over 1 billion people in the 70 low-income countries studied in this annual report are estimated to have consumed less than the recommended nutritional requirements in 2004.

See previous economics behind the headlines

 

For more information, contact: Mary Reardon

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Updated date: March 7, 2006