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Department of Agricultural and Applied Economics

How do we create global impact?

Our faculty and graduates have expertise in applied economics and agribusiness principles that help address the food, financial, health, development, policy, environmental, and social needs in Virginia and beyond.

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What is Agricultural and Applied Economics?

Agricultural and Applied Economics applies economic principles to food and fiber production, natural resource management, community and regional economic development, environmental policy, and international trade.

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Job Demand Report

The USDA National Institute of Food and Agriculture and Purdue University show a strong job demand for new college graduates with degrees in agricultural programs.

A new report, released today by USDA’s National Institute of Food and Agriculture (NIFA) and Purdue University, shows a strong job demand for new college graduates with degrees in agricultural programs. U.S. college graduates can expect approximately 59,400 job opportunities annually between 2020 and 2025. This reflects a 2.6 percent growth from the previous five years. Employer demand will exceed the supply of available graduates with a bachelor’s degree or higher in agriculture-related fields.

 

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IN THE SPOTLIGHT

Efforts to restore a healthy Chesapeake Bay have operated under a relatively simple assumption: Ongoing actions to reduce nutrient pollution on the landscape would improve water quality. But a new report says results are both more difficult and uncertain than originally thought. 

See what Kurt Stephenson, AAEC professor and co-author of the report, had to say. 

In its World Agricultural Supply & Demand Estimates report, the U.S. Department of Agriculture analysts forecast record global soybean production for the 2023/24 crop year at nearly 410.6 million tons, up almost 11% from last year.  

Watch the interview with Jason Grant, W.G. Wysor Professor of Agriculture and Director of the Center for Agricultural Trade.

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