Spud harvest near Idaho Falls, Jake Putnam photo
New Report: Rate of Ag Productivity Growth Lagging
Washington--The current rate of agricultural productivity growth is lagging the world’s expanding demands, according to a new report released Wednesday by the Farm Foundation and Global Harvest Initiative.
The Global Harvest Initiative’s 2010 GAP Report, developed with the Farm Foundation and the Agriculture Department’s Economics Research Service, quantifies for the first time the difference between the current rate of global agricultural productivity growth and the pace required to meet future needs.
Doubling agricultural output to meet global demand by 2050 will require an annual average growth of at least 1.75 percent in total factor productivity, said Neil Conklin, president of the Farm Foundation and author of the report. Total factor productivity is the increase in output per unit of total resources employed in production. Between 2000 and 2007, ERS estimates global agricultural TFP growth averaged 1.4 percent per year.
“To close the gap without additional land and resources, we must increase the rate of productivity growth an average of 25 percent more per year over the next 40 years,” said Conklin. “And, productivity will need to grow faster than that during the next two decades, when the population will be increasing more rapidly than it will as it levels off by 2050.”
Washington--The current rate of agricultural productivity growth is lagging the world’s expanding demands, according to a new report released Wednesday by the Farm Foundation and Global Harvest Initiative.
The Global Harvest Initiative’s 2010 GAP Report, developed with the Farm Foundation and the Agriculture Department’s Economics Research Service, quantifies for the first time the difference between the current rate of global agricultural productivity growth and the pace required to meet future needs.
Doubling agricultural output to meet global demand by 2050 will require an annual average growth of at least 1.75 percent in total factor productivity, said Neil Conklin, president of the Farm Foundation and author of the report. Total factor productivity is the increase in output per unit of total resources employed in production. Between 2000 and 2007, ERS estimates global agricultural TFP growth averaged 1.4 percent per year.
“To close the gap without additional land and resources, we must increase the rate of productivity growth an average of 25 percent more per year over the next 40 years,” said Conklin. “And, productivity will need to grow faster than that during the next two decades, when the population will be increasing more rapidly than it will as it levels off by 2050.”
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