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The Economics Behind the Headlines:
October 2005

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

In the News

McDonald’s to provide nutrition information on food packaging (Associated Press, October 25, 2005)
From ERS Nutrition Labeling in the Food-Away-From-Home Sector: An Economic Assessment. Current nutrition labeling law exempts much of the food-away-from-home sector from mandatory labeling regulations. What would be the economic costs if the sector were included in the regulations, and how might producers and consumers respond?

In the News

Farms may face shortage of workers (Associated Press, October 24, 2005)
From ERS Farm Labor: Demographic Characteristics of Hired Farmworkers. Some hired farmworkers migrate to various production areas during several months of the year, others work locally only during harvesting season, and some work full time for a single employer. ERS research contributes to the understanding of the supply of and demand for agricultural labor, and the socioeconomic characteristics of the work force.

In the News

EU drawing criticism on proposed farm aid cuts (Wires, dailies, October 19-20, 2005)
From ERS The Road Ahead: Agricultural Policy Reform in the WTO--Summary Report. To help inform the discussions in global agricultural negotiations, ERS quantified the costs of agricultural trade distortions and the potential benefits of their full elimination. It also analyzed the effects on U.S. and world agriculture if only partial liberalization is achieved on tariff-rate quotas (limits on imported goods), domestic farm support, and export subsidies.

In the News

U.S. farmers’ interest in organic production is growing (Associated Press, October 16, 2005)
From ERS Price Premiums Hold on as U.S. Organic Produce Market Expands. Price premiums for organic products have contributed to growth in certified organic farmland and, ultimately, market expansion. ERS explores price premiums and market margins for a limited set of fresh produce items--carrots, broccoli, and mesclun mix.

Organic Farming and Marketing. Organic farming became one of the fastest growing segments of U.S. agriculture during the 1990s. Adoption of organic farming systems is a potential way to lower input costs, decrease reliance on nonrenewable resources, capture high-value markets and premium prices, and boost farm income.

In the News

U.S. textile groups petition to limit Chinese imports (Dow Jones, October 14, 2005)
From ERS The Forces Shaping World Cotton Consumption After the Multifiber Arrangement. Phaseout of the Multifiber Arrangement (MFA) with its per-country export quotas, along with other economic forces, is reshaping world textile and cotton markets. In the long run, income growth and technical change have more impact on world cotton consumption than does the elimination of the MFA.

In the News

USDA holds forum on tracking livestock (Omaha World-Herald, October 13, 2005)
From ERS Traceability in the U.S. Food Supply: Economic Theory and Industry Studies. Traceability systems generate information on the flow of food and food products and aid in tracking food to its source. ERS examined the amount, type, and adequacy of traceability systems, focusing on fresh produce, grains and oilseeds, and cattle/beef. The report's highlights are in a four-page brochure.

In the News

Japan should relax restrictions on farm imports (Associated Press, October 12, 2005)
From ERS ERS has issued a series of reports analyzing Japan’s domestic and trade policies that support its agricultural producers. Among them:
dairy, wheat and barley, pork, and rice.

In the News

Biotech crops have boosted global farm income (Reuters, October 11, 2005)
From ERS Agricultural Biotechnology: Adoption of Biotechnology and its Production Impacts. U.S. farmers have adopted genetically engineered (GE) crops widely since their introduction in 1996. Adoption was driven by the expectation of lower production costs, higher yields, and reduced pesticide use.

 

See previous economics behind the headlines

 

For more information, contact: Mary Reardon

Web administration: webadmin@ers.usda.gov

Updated date: March 1, 2006