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Newsroom

Previous Newsroom Items: September 2004

The Economics Behind the Headlines
ERS research provides context to these and other current events:

  • Planters fight Monsanto over seed fees
  • Analysts say hog producers expanding due to increasing profits
  • Little space for record corn crop
  • Money is driving school soda sales
                                                         see related ERS research >

New from ERS—September 2004

Fiber and textile trade: new data product
The WTO’s Uruguay Round Agreement on Textiles and Clothing mandated the phase-out by 2005 of previously sanctioned import quotas. A new ERS database provides access to bilateral trade data (country and regional) in the fiber-textile sector. The data can illuminate trade patterns and underpin analysis of potential changes as the policy environment evolves. (August 27, 2004)

Classifying U.S. counties
An area's economic and social characteristics have significant effects on its development and its need for various types of public programs. The 2004 County Typology developed by ERS classifies all U.S. counties using six categories of economic dependence (e.g., manufacturing) and seven categories of policy-relevant themes (e.g., education and employment levels). (August 27, 2004)

Farm income estimates, 2003
For only the third time in the last decade, the value of both crop and livestock production increased in the same year. In 2003, the value of production for farm commodities rose by $21.2 billion (9.6 percent), while farmers' expenses for inputs to produce crops and livestock rose by only 3 percent. (August 25, 2004)
[The forecast for farm sector income in the current year, 2004, will be updated on November 9].

New data on biotech patents
The Agricultural Biotechnology Intellectual Property database provides information on U.S. utility patents on inventions in biotechnology and other biological processes used in food and agriculture. Now revised, it contains more data, and makes it easier to access the data to conduct custom searches. (August 25, 2004)

Detailing the EU’s recent CAP reforms
The European Union continued to reform its common agricultural policy in 2003-04. Centerpiece of the latest reforms is a single farm payment which separates government payments from farmers’ production decisions and thus is less trade-distorting. The reforms could have unforeseen effects on world and U.S. trade over the next few years. (August 25, 2004)
Also see the article in Amber Waves.

 

For more information, contact: Mary Reardon

Web administration: webadmin@ers.usda.gov

Updated date: March 7, 2006