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Agriculture as Economic Development through Rural-Urban Partnerships

Agriculture as Economic Development through Rural-Urban Partnerships. American Farmland Trust Report Spells out Opportunities in Local Food Production Gives stakeholders an action plan to move forward. • 898,000 + acres of farmland • 5,536 individual farms

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Agriculture as Economic Development through Rural-Urban Partnerships

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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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