rural

Economic Importance of Agri-food Industries in Iowa

This study investigates the value of Iowa’s agri-food industries. The investigators define the agri-food industries to include agricultural production, primary food processing, other agricultural commodity processing, and agricultural input manufacturing and distribution activities. These definitions are used to aggregate data obtained from the IMPLAN economic impact modeling system to generate both industry-specific estimates of output value and value added in production and an export-based analysis of agri-food exports from Iowa which include all Iowa-sourced input values.

Iowa Perspective for Enhancing Rural Development and Vitality in the 2007 Farm Bill

According to the authors, the WTO decisions and evolving farm bill context appear to generate some opportunities for designing incremental and new policy mechanisms that would add to the incomes of farmers and rural people without further eroding the competitiveness of U.S. farmers by capitalizing direct payments directly into land values.

Economic Resurgence in the Rural Economy

The article from the Main Street Economist states that the rural economy broke free from the reins of recession in 2004 with an especially strong performance in the farm sector. Net farm income easily surpassed the record high of 2003. The weakness that plagued the nonfarm rural economy in recent years appears to have been replaced with stronger job growth and higher incomes.