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For more than 65 years, the Oxford Farming Conference has built up a reputation as the most important of its kind in the UK and Europe. And this year, USDA Chief Economist Dr. Joseph Glauber will speak on the outlook for agriculture in light of the major global, climate and resource challenges facing agricultural producers over the next 40 years.

His presentation will occur during the meeting’s first session titled “Farming's Place in an Uncertain World” on Wednesday January 4th. The 2012 conference will be held on the January 3-4-5 at the Examination Schools at Oxford University, Oxford, England.

USDA’s 2012 Agricultural Outlook Forum, Feb. 23-24, will present 25 breakout sessions, including the annual Food Price and Farm Income Outlooks.  Economist Richard Volpe with the Economic Research Service (ERS) will discuss USDA’s forecast for food price inflation, including recent historical trends in food expenditure patterns and the relationship between food prices and inflation in the general economy. 

USDA’s 2012 Agricultural Outlook Forum, Feb. 23-24, will present 25 breakout sessions, including the international trade-focused sessions: “Export Opportunities and Competition in Brazil, Russia, India, and China (BRIC) Countries” and “Trends in Agricultural Development & Trade in the Americas.”

A historic gathering of former Secretaries of Agriculture will occur at the 2012 Agricultural Outlook Forum. Secretary Tom Vilsack will moderate a plenary panel of former Secretaries of Agriculture invited to speak on “Agriculture: Visions of the Future.”  At least six of the last eight Secretaries will participate on the panel. The Forum will be held February 23-24, 2012, at the Crystal Gateway Marriott Hotel in Arlington, Va.

Secretary Vilsack will deliver the Forum keynote address at USDA’s annual meeting titled “Moving Agriculture Forward.”  Twenty-five breakout sessions with more than 80 speakers will focus on a broad range of topical issues related to agriculture and global food security; foreign trade, financial markets, and economic development; conservation; energy; climate change; food safety; food hubs; extension programs; and next generation farmers.  The Forum continues to feature USDA’s agricultural economic outlook and the commodity supply and demand and food price outlooks.

A new white paper titled An Explanation of Green Jobs Policies, Theory, Measurement Approaches, and Job Growth Expectations was written by Iowa State University through a cooperative agreement with USDA’s Office of Energy Policy and New Uses.  The authors explore policy, theoretical foundations, and the approaches to measuring green jobs in the United States.  The paper contains brief descriptions of national and state initiatives to quantify green jobs, as well as their potential for growth.  The study finds there is little academic research that conceptualizes the green economy.  Regional research to assist state and local policy development is needed, along with evaluations investigating offsetting job losses.

There are currently twin public policy focuses regarding green jobs.  The first concerns imply value of the activity; namely, the ability to conserve energy and other natural resources as well as reduce pollution.  The second focus is the job producing value.  While most people agree that the environmentally beneficial goals of policy developments are essential, the job creation goals are foremost in most policymakers’ minds.

A new white paper titled Developing of a Purchasing Manager’s Index for Biobased Products was written by Iowa State University through a cooperative agreement with USDA’s Office of Energy Policy and New Uses.  The authors explore the development of a measurement for biobased products, which are defined as those composed either in whole or in significant part of renewable agricultural or forestry materials, including commercial and industrial products as well as feedstocks.  They discuss various types of composite indicators, trends in the overall biobased products sector, and the feasibility of using purchasing managers’ expectations to discern performance.

Several methodological and administrative issues involved in moving from a pilot study to a full-scale biobased products purchasing managers’ survey are considered.  Recommendations are offered to support development and implementation of a composite index that charts the strength of the biobased product sector.  USDA-sponsored research provides a foundation for more detailed analysis of growth in biobased products industries. 

Drought knows no national boundary and can impact almost all socio-economic activities in the society. Projections indicate that the frequency, intensity and duration of droughts are likely to increase in the future.  Without a coordinated national drought policy nations around the world will continue to respond in a reactive, crisis management mode.  A national drought policy should include effective monitoring and early warning systems to deliver timely information to decision makers; effective impact assessment procedures; proactive risk management measures and preparedness plans aimed at increasing the coping capacity; and effective emergency measures. Comprehensive National Drought Policies can help countries cope with the impacts of droughts through pro-active drought risk management approaches.

USDA’s Office of the Chief Economist’s Climate Change Program Office has released the “U.S. Agriculture and Forestry Greenhouse Gas Inventory: 1990-2008” report.  This report provides detailed estimates of greenhouse gas emissions and carbon sequestration from the management of livestock, croplands, and forests, as well as from energy use in agriculture that will be useful to states and localities. In 2008, agricultural greenhouse gas sources accounted for about 6% of total U.S. greenhouse gas emissions.

It was prepared collaboratively with contributions from the USDA Agricultural Research Service, USDA Forest Service, USDA Natural Resources Conservation Service, USDA Office of Energy Policy and New Uses, USDA Climate Change Program Office, U.S. Environmental Protection Agency (EPA), and researchers at Colorado State University.

The new Farm of the Future project profiles working farms, forests, and ranches that are participating in environmental markets or receiving payments for ecosystem services. In the five case studies just released, landowners changed their management practices to provide water quality, wetlands, wildlife habitat, and carbon benefits—generating new revenue from the sale of ecosystem services to supplement traditional income.

A new report titled Innovations in Watershed-Based Conservation in the United States: Payments for Watershed Services for Agricultural and Forest Landowners was just released by EcoAgriculture Partners with funding and support from USDA’s Office of Environmental Markets (OEM) and the U.S. Endowment for Forestry & Communities. The report surveys payments for watershed services (PWS) schemes to understand their current role in the U.S. and future potential for increasing cost-effective watershed protection on private lands.

Water is crucial for many human needs; yet water resources in the United States face serious threats from increasing pollution and overuse.  PWS can address these challenges effectively as a complement to USDA conservation programs and other existing incentives.