Economics

The effects of climate change are felt throughout the entire agricultural value-chain, from individual farmers, ranchers and foresters to input suppliers, commodity transportation industry, as well as domestic and international markets for food and fiber. Economists have studied the effects of climate change on agriculture and forestry in the U.S. extensively. Economic effects vary widely by region and specific agricultural sectors, such as dairy, beef, row crops, small grains, and specialty crops. Despite the extensive research already done on the economic impacts of weather variability, extreme events, and climate change, it may still be challenging for farmers, ranchers, and foresters to find cost estimates for their specific sector and location. This highlights the importance of communicating and collaborating with your trusted local partners—such as University Extension, USDA Service Centers, and USDA Climate Hubs—who can help track down relevant economic studies. 

Continue to the full text of Economics and a Changing Climate or browse related content:

Farm worker, Ethan, brings the cows to the barn for afternoon feeding.

View Full Case Study:Clovercrest Farm: A Family Dairy in Charleston, Maine Table of Contents:A History of Clovercrest Farm »The Impacts of Climate Change on Clovercrest Farm »Adapting to the Changing Climate »Looking Ahead »Resources »      A History of Clovercrest Farm...

Clovercrest Farm: A Family Dairy in Charleston, Maine

The Pacific Northwest Biochar Atlas is a regional resource for biochar users and producers. Learn what biochar is, its benefits, how to make it and who is producing it. Read case studies describing benefits of using it. This resource provides guidance to farmers, gardeners, and...

Pacific Northwest Biochar Atlas

A changing climate is already being felt in the pocketbook. Whether these are direct, weather-related crop losses or new sources of income, weather and climate have a direct economic impact on Northeast producers. Many are looking at long- and short-term strategies to improve...

Economics of Climate Change

A newly constructed stream simulation culvert on the George Washington National Forest.

Extreme Precipitation and Trends There is clear evidence that precipitation in the Northeast is more intense than it was in the past. The increase in the Northeast has been greater than any other region in the U.S. (Figure 1). Between 1901 and 2014, total annual precipitation...

Storms and Stream-Crossings

Sorting seeds to be planted in oak wilt treatment areas

Expansive forests of large maple, oak, and birch trees are prized across the Northwoods for many reasons, including their beauty, their diversity, and their ability to provide valuable wood. Unfortunately, forests pests and disease pose increasingly large threats for these and...

Responding to Oak Wilt on the Menominee Forest

Economic Impacts of Climate Change The effects of climate change are felt throughout the entire agricultural value-chain, from individual farmers, ranchers and foresters to input suppliers, commodity transportation industry, as well as domestic and international markets for food...

Economics and a Changing Climate

The challenges facing specialty livestock are similar to what is experienced by larger livestock (swine, cattle): the ability to produce feed-grain, the quality of pastures and forage crop production, animal health, growth, and reproduction, and disease and pest distributions....

Specialty Animals

Bioenergy is renewable energy derived from biological sources, to be used for heat, electricity, or vehicle fuel. Biofuel derived from plant materials is among the most rapidly growing renewable energy technologies. Conversion of biomass to liquid fuel is a method utilizing...

Bioenergy in a Changing Climate

UVM research team

Consider the experiences of others who are adapting to a changing climate. This new and growing network of climate-informed demonstration sites is designed to take you to the field and make you feel 'As If You Were There.' Field tours are a powerful teacher becasue they are an...

'As If You Were There' | 360° Demonstrations

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