20.
02.15
15:28

Big data - a new productivity boost?

USDA: agricultural Outlook Forum - visions for the future agriculture

End of Feb.  each year the U.S. Department of agriculture (USDA) to a multi-day meeting of leading agricultural invites you, in the United States and around the world dealing with presentations and discussions on the future development of the agricultural economy. The ceremony begins with an opening speech of in the USDA's newly appointed Chief Economist Dr. Johanssen.

In the first part of his speech, a further arch was defeated by agricultural development after the second World War up to the today's perspectives. These identified milestones in the development of productivity by the speaker.

The first wave of mechanization after the second world war increased the performance potential in large increments. Instead of horses, mules, and muscular strength, the tractor henceforth dominated the agricultural carrying out work. With the horsepower engine power minimum tillage with the result of cost savings spread in the 1970s, without taking income reduction in purchase. In the early 1990s began the era of satellite-controlled precision agriculture on the large areas of America's. Before the start of the 21st century genetic engineering with their resistance breeding prevailed in weed and pest control in the far majority of global agriculture.

The American Chief Economist in the increased application of mass data technologyexpects the latest boom to improve productivity . Automated data acquisition implemented in every detail, simultaneous data processing and the use of the results to the real time control in all areas of production, storage and processing to marketing. Optimization control of the sowing up to the consumption aberrations should turn off even during its formation. Also the marketing techniques must be collected in addition to more efficient production processes. More market transparency could better balance unproductive price fluctuations.  

In another part of the opening lecture, it became concrete with a view of the agricultural markets in the coming years. While the global export opportunities for American agricultural products played an influential role. Growing corn and soy exports with focus in the direction of China were forecast until the year 2024.

Worldwide increased stocks in the major field crops were exposed for the upcoming year 2015/16 . The more moderate forecasts for producer prices were in anticipation of an average crop by 2015/16. The Chief Economist pointed to the cheap Rohölpreisbedingt resources prices for fertilizer plant, fuels and heating fuels and low transport costs. High yield also contribute to income support.

For the year 2015 in the American livestock, some with significant price losses expected to be. With the exception of beef and poultry pork and milk reductions are expected by 26% compared to the prior year. However the 2014 characterized by a "result of the century".  

The income of U.S. Agriculture and regional are land prices fall sharply, yet remain the ratio of debt to equity at the above-average level.

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