Key Points

Key Points

Investing in farmers – or agriculture human capital – is crucial to addressing challenges in our agri-food systems.

This paper considers different approaches to modelling the economic impact of the Covid-19 pandemic/lockdown shocks.

The past four years have been chaotic for US agriculture.

Substituting maintenance of existing fixed assets for investment in new assets, and thus affecting their depreciation, can play a major role in the economic decisions of low-income agents.

The U.S. complaint about Chinese tariff-rate quotas (TRQs) on certain grain products helps illustrate several key issues in U.S. - China trade relations and the effectiveness of WTO disputes.

The COVID-19 pandemic has caused many disruptions in the food distribution systems, ranging from health issues in meat and other food processing plants to impacts of lockdown procedures that have disrupted food chain flows.

Agriculture generates roughly one-quarter of global greenhouse gas emissions. By 2050, without major mitigation efforts, agricultural emissions are likely to reach levels that would make meeting global climate targets practically unachievable.

Like other businesses, farmers and ranchers are facing short-run adverse effects of the COVID-19 crisis and longer-term recession challenges.

Agricultural policy issues play an outsized role in the race for the presidency if only because the primary season begins in Iowa, where corn is king, and other rural states such as New Hampshire and South Carolina.

The global burden of malnutrition is unacceptably high. Animal-source foods are important components of diverse diets and provide high-quality proteins and other essential nutrients that promote optimal growth and development.