Economic Impact of Organic

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Presentation transcript:

Economic Impact of Organic Mr. Bailey Agri-science

Impact of Organic Produce on the Agriculture Industry In 2008 organic agriculture brought in $36 billion Maintains the life of the soil and the rate of soil erosion

Impact of Organic Produce on the Agriculture Industry Reduced price tag on farming cost Water pollution is reduced Increases jobs due to high labor requirements

Is organic making more money every year? Yes and no Demand for organic produce is rising based on information provided by health professionals But many farmers face various challenges along the way

Why is organic produce higher than conventional produce? Lower productivity when first administered Not heavily subsidized as are industrially grown crops Paying for more manual labor Loss of crops due to not relying on artificial sprays

Is there a way to lower the cost of organic produce? Lobbyist can push for organic subsidizes Develop natural fertilizers and sprays that will increase the productivity Get more farmers involved (supply and demand) Develop a cheaper way to get “Organically Certified” ($400-$2000)

Does it cost more money to produce organic produce than conventional produce? Yes Higher labor requirements Higher cost to transport the produce due to small amounts being moved

Does it cost more money to produce organic produce than conventional produce? Higher standards means more pre-cautions Higher cost to buy natural fertilizers and sprays vs. artificial

Exit Slip Describe two ways that organic production impacts the Agriculture industry. Identify two reasons why organic produce is higher than conventional produce.