For decades U.S. farmers produced in times of surplus and typically sold for relatively low prices. That situation seems to be changing.That change comes with significant challenges. Farmers will be racing to follow $2 cotton or to higher priced corn.Agricultural production will need balance to meet U.S. and international needs.We now add one million people to the globe every five days. Farmers have to provide food and fiber for that growing population.
December 14, 2011
For decades U.S. farmers produced in times of surplus and typically sold for relatively low prices. That situation seems to be changing, says Texas Agriculture Commissioner Todd Staples.
Staples, speaking at the Texas Plant Protection Association annual conference Monday said U.S. and world agriculture may be heading into a time of shortage.
“For all my life agriculture has produced more than we needed,” he said. “Now, we are moving from surplus to shortage.”
That change comes with significant challenges, Staples said. For one, farmers “will be racing to follow $2 cotton or to higher priced corn.” And agricultural production will need balance to meet U.S. and international needs.