Behavioral Science Advisory Boards Could Strengthen USDA’s Conservation Program Amid Unprecedented Spending and Loading Dock Challenges
Kent D. Messer,
Paul 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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