Poster Number
076
Session Title
Food, Environment, and Climate Change
College
College of Business Administration
Department
Accounting, Finance & Economics
Faculty Mentor
Louis Pantuosco, Ph.D.
Abstract
Once the world’s agriculture leader, the United States has lost dominance over recent decades to international competitors, specifically Brazil. Since the number of American farms reached its peak at 6.8 million in 1935, this number has fallen drastically to 2.1 million by 2002. This paper will touch on one specific area of this field, beef cattle farming. Even with annual beef consumption continuing to increase in the United States, some developing trends might threaten farmers even further in the near future. These trends include the rapid scaling of corporate farming, the increased concern over the environmental impact from red meat, and health concerns. This paper will research how the American farmer can survive in today’s quickly changing market, with a focus on beef cattle farming. To do this, analysis of the United States Department of Agriculture (USDA) data and scholarly articles will occur to evaluate the current status and future trends for consumption and the farming market. After thorough evaluation, recommendations for how farmers can make the necessary adjustments to survive moving forward will be presented.
Course Assignment
ECON 345 – Pantuosco
Start Date
24-4-2020 12:00 AM
Included in
The Survival of the American Beef Farmer in Today’s Market
Once the world’s agriculture leader, the United States has lost dominance over recent decades to international competitors, specifically Brazil. Since the number of American farms reached its peak at 6.8 million in 1935, this number has fallen drastically to 2.1 million by 2002. This paper will touch on one specific area of this field, beef cattle farming. Even with annual beef consumption continuing to increase in the United States, some developing trends might threaten farmers even further in the near future. These trends include the rapid scaling of corporate farming, the increased concern over the environmental impact from red meat, and health concerns. This paper will research how the American farmer can survive in today’s quickly changing market, with a focus on beef cattle farming. To do this, analysis of the United States Department of Agriculture (USDA) data and scholarly articles will occur to evaluate the current status and future trends for consumption and the farming market. After thorough evaluation, recommendations for how farmers can make the necessary adjustments to survive moving forward will be presented.
