Four market and policy opportunities for agricultural resilience
Oct 26, 2018
Every day farmers across the U.S. face unprecedented pressures from a variety of factors, including policy and regulations, markets and trade, and variability in input costs. With extreme weather becoming a new normal, it is imperative that we build a food and agriculture system that can absorb and recover from these stresses.
This summer, Environmental Defense Fund, National Corn Growers Association and Farm Journal Foundation convened a stakeholder dialogue about the challenges facing agriculture and recommended paths forward.
A new white paper [PDF] summarizes key findings from the discussion. Here are four policy and market opportunities that can help boost agricultural resilience.
1. Streamline state and federal policies
Given the challenges ahead, we need to remove impediments to action. While conservation programs at the national and state levels play an important role in advancing agricultural viability and environmental improvement, too often red tape hinders their effectiveness.
Instead, state and federal policies should coordinate in setting goals for measurable environmental outcomes and give farmers flexibility to figure out how to achieve those goals in the ways that work best for them.
One specific issue in need of coordination and streamlining is data, in particular creating better data flow from existing U.S. Department of Agriculture sources. Data provisions in the Senate farm bill, currently in conference committee, could help farmers generate greater insights into which conservation practices reduce yield risk and deliver the greatest economic value for their operation.
2. Link crop insurance to resilience
Crop insurance, an essential safety net to help farmers manage risk, can be a powerful tool to advance resilience on farms. With some targeted changes, such as recognizing and providing rate benefits, crop insurance can encourage and reward farmers for implementing conservation practices that improve environmental outcomes and reduce the financial risk of crop losses from hail, droughts, floods and other extreme weather.
By linking crop insurance with conservation practices, farmers will be able to insure their fields and crops against losses while also increasing resiliency and improving their bottom lines.
3. Harness data to improve ecosystem markets
Ecosystem marketplaces, where there is an economic value placed on an environmental benefit, provide additional opportunities to advance agricultural resilience and conservation. Without sufficient data, however, farmers, conservationists and investors can’t leverage the full opportunity ecosystem marketplaces present.
Successful markets require access to data to document, measure and monetize the environmental services that farmers produce. Public policy can help close this data gap. The next farm bill, for example, can improve the availability of existing USDA conservation and economic data while also protecting producer privacy.
4. Invest in public agricultural research
The U.S. lags dangerously behind the world in investing in agricultural research. This gap has serious implications for the resilience of our agricultural sector, especially as we try to increase food security in the face of a growing population and a changing climate.
Public and private research have important and complementary roles to play. For example, public funding has advanced knowledge on water quality, soil health, climate change and crop rotations. Private funding has advanced variable rate, mapping and other precision agriculture technologies.
The agriculture sector needs ongoing and expanded research investments from both sectors. Public-private partnerships can also help maximize research investments and get conservation innovations into the field faster.
A more resilient food system equips farmers with the tools and incentives to identify and adopt climate-smart solutions and build agricultural resilience. This is an imperative as the global population climbs toward 11 billion people by 2100 and extreme weather becomes a new normal. We need large strides in policy, increased market opportunities, innovative approaches and collaborative partnerships to ensure U.S. farmers continue to provide a resilient and sustainable food supply for generations to come.