Where are all the unemployed people?

Posted by & filed under CGR Staff.

Scott SittigDid you know that the Finger Lakes Region is number one in New York State in sales of milk, fruits and nuts, corn and organic products?  I didn’t until recently.  Many of us know intuitively that agriculture is important to our region’s economy, not to mention our health and well being.  Just ask my wife who regularly braves the large crowds on Saturday at Rochester’s downtown farmers market for our weekly supply of produce.  Our region is rich in productive farmland. Despite a relatively short growing season, we produce one-third of the State’s ag output by value, benefiting people all over the country.
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The Agricultural-Industrial Complex

Posted by & filed under CGR Staff, Rochester Business Journal.

Kent GardnerIt is a good time to be a farmer. Farm product prices rose 18% from 2006 to 2007. From the first quarter of 2007 to the first quarter of 2008, farm product prices went up 15% with crop prices jumping 20%.

Joseph Glauber, Chief Economist with the U.S. Department of Agriculture, testified before Congress last week on rising food prices. He recited a litany of factors influencing world food prices, including a string of poor wheat harvests in Australia, Canada and parts of the U.S., and growing demand for high quality food from rapidly-developing economies like China and India.

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