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Maximizing Agricultural Development for Rural-Urban Growth

This report by American Farmland Trust outlines opportunities in local food production and provides an action plan, focusing on the Hudson Valley region. It covers the economic impact of farmland, unmet demand analysis, and the significance of agribusiness for both urban and rural communities. The report emphasizes the importance of rural-urban partnerships in advancing agriculture as a driver of economic development.

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Maximizing Agricultural Development for Rural-Urban Growth

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  1. Agriculture as Economic Development through Rural-Urban Partnerships

  2. American Farmland Trust Report Spells out Opportunities in Local Food Production Gives stakeholders an action plan to move forward

  3. • 898,000 + acres of farmland • 5,536 individual farms • $810 million region-wide farm gross economic impact • $650+ million in sales at farm gate • $25 million in direct sales

  4. Measuring Unmet Demand New York State Unmet Demand Hudson Valley Unmet Demand Source: New Venture Advisors LLC, http://newventureadvisors.net

  5. The Hudson Valley and surrounding region lost 92 farms and 643 acres of farmland since 2007.

  6. Agribusiness effects urban and rural communities • Agriculture alone represents only 1% of U.S. GDP • However, Agriculture in combination with entire Producer, Processor to Retail Food Establishment contributes 16% of U.S. GDP • 17% of U.S Workforce is employed in agriculture related field • $87 billion in net farm income • An agricultural cluster includes the food supply chain (raw production, distribution, processing), forestry products, biofuels, alternative energy, and heavy equipment

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