1 / 7

Dr. David M. Kohl Professor Emeritus Agricultural and Applied Economics Virginia Tech

View Agriculture- The Road Ahead. Dr. David M. Kohl Professor Emeritus Agricultural and Applied Economics Virginia Tech Blacksburg, VA 24060 (540) 961-2094 (Alicia Morris) (540) 719-0752 (Angela Meadows) e-mail: sullylab@vt.edu. Weekly Website Columns :

catalin-delgado
Download Presentation

Dr. David M. Kohl Professor Emeritus Agricultural and Applied Economics Virginia Tech

An Image/Link below is provided (as is) to download presentation Download Policy: Content on the Website is provided to you AS IS for your information and personal use and may not be sold / licensed / shared on other websites without getting consent from its author. Content is provided to you AS IS for your information and personal use only. Download presentation by click this link. While downloading, if for some reason you are not able to download a presentation, the publisher may have deleted the file from their server. During download, if you can't get a presentation, the file might be deleted by the publisher.

E N D

Presentation Transcript

  1. View Agriculture- The Road Ahead Dr. David M. Kohl Professor Emeritus Agricultural and Applied Economics Virginia Tech Blacksburg, VA 24060 (540) 961-2094 (Alicia Morris) (540) 719-0752 (Angela Meadows) e-mail: sullylab@vt.edu Weekly Website Columns: Ag Globe Trotter: www.farm-credit.com Road Warrior of Agriculture: www.cornandsoybeandigest.com

  2. Future Agricultural Business Environment 2025 • 70% of North American farm ground will change hands by 2025 • one size will not fit all • local, natural, organic • traditional • large complex business • special interest groups & consumers will drive business models • water & oil will be the limited resources • media & information technology management challenges • women & minorities will drive business models • economic moderation in G-20 nations • emerging economics / BRIC Nations critical in planning • volatility will be the new normal • balance in business & life

  3. Five Dimensions of Agriculture Food Fiber Life Experiences Life Sciences Fuel

  4. Percentage of World GDP

  5. Century of Super Cycles Common Characteristics: Source: World Bank

  6. World Growth Germany -4.8% Iceland -7.2% Russian Fed. - 8.9% Canada -3.2% Britain -3.2% Japan -5.1% China 10.7% U.S. 0.1% India 7.9% Euro zone 4.0% South Korea 6.0% France -2.3 % Mexico -6.2% Indonesia 5.4% Brazil -1.2% Australia 0.6% South Africa -2.1% GDP Growth % 2010 Latest Quarter Figures February 11, 2010 Source: www.Economist.com

  7. Final Thoughts on the Road Ahead • interdependent vs. independent • people skills- emotional intellect • total systems management • interconnections • local • national • international • scenario planners • business planner & strategy execution • P = O + C + L + M2

More Related