Behavioral Science Advisory Boards Could Strengthen USDA’s Conservation Program Amid Unprecedented Spending and Loading Dock Challenges
Kent D. Messer,
Paul J. Feldman,
Diya Ganguly,
Rich Iovanna and
Julie Suhr Pierce
Choices: The Magazine of Food, Farm, and Resource Issues, 2024, vol. 39, issue 03
Abstract:
The USDA is investing an unprecedented amount in conservation programs (also called agri-environmental programs), with this amount set to increase dramatically in upcoming years, primarily due to additional expenditures included in the Inflation Reduction Act (IRA). Figure 1 illustrates a significant increase in USDA’s conservation funding, with allocations projected to nearly double previous levels. Current projections indicate a peak funding year in 2027, with approximately $9 billion in spending. The IRA allocates approximately $20 billion for financial and technical assistance support, with expenditure estimates extending through at least 2031 (Table 1) on various USDA programs (Figure 2), with a significant amount of this funding being allocated to Historically Underserved Producers, often referred to as HUPs (Figure 3).
Keywords: Agricultural Finance; Environmental Economics and Policy (search for similar items in EconPapers)
Date: 2024
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Persistent link: https://EconPapers.repec.org/RePEc:ags:aaeach:344744
DOI: 10.22004/ag.econ.344744
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