We Discussed In Class Some Historical Trends Regarding The U S Agricultural Sector And The U S Food And Fiber Industry 1 (89.59 KiB) Viewed 11 times
We Discussed In Class Some Historical Trends Regarding The U S Agricultural Sector And The U S Food And Fiber Industry 2 (53.31 KiB) Viewed 11 times
We discussed in class some historical trends regarding the U.S. agricultural sector and the U.S. Food and Fiber Industry. We saw, for example, that most farms in the U.S. are composed of. small family farms, but most production is concentrated in large family farms and non-family farms. a) What are the two ways to measure the performance of a farm or a food and beverage manufacturing plant that we discussed in class? b) What sectors are important in the agribusiness industry? c) One specific trend we identified was the adoption of Genetically Engineered (GE) seeds for corn, soybeans, and other crops. Table 3 shows the percentage of U.S. genetically engineered corn in all corn planted from 2000 to 2020. This information is summarized in Figure 1. Why has the adoption of GE varieties been so important for crop production? List two possible explanations. d) How could the GE seeds technology have affected the U.S. Agricultural Productivity Index? Define productivity. e) What was the percentage change in the share of GE corn from 2003 to 2020? Table 3: U.S. Genetically Engineered (GE) Corn Varieties, Percent of All Corn Planted, 2000- 2020 Year All GE Corn Varieties 00 01 02 03 04 05 06 07 08 09 10 11 12 13 14 15 16 25 26 34 40 17 18 47 19 20 52 61 73 80 85 Source: USDA, Economic Research Service using data from USDA, National Agricultural Statistics Service, June Agricultural 86 88 88 90 93 92 92 92 92 92 92 Survey as published in the NASS report Acreage (various years), available on the NASS website. U.S.
100 90 80 70 60 50 40 30 20 10 0 2000 U.S. GE Corn Varieties (Percent of All Corn Planted) 2005 2006 2007 2008 2009 2010 2011 2018 2019 2020 Figure 1. U.S. Genetically Engineered (GE) Corn Varieties, Percent of All Corn Planted, 2000-2020. Source: USDA, Economic Research Service using data from USDA, National Agricultural Statistics Service, June Agricultural Survey as published in the NASS report Acreage (various years), available on the NASS website.
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