Innovation imperative, shaping the future of agriculture. This is a fitting theme for the secretary to announce, something that weve been working on at usda, called the agriculture innovation agenda. Were excited to share more with you this morning. Im joined by many of you that are working to shape the future of our agriculture economy. Its important we take stock not only of where we are today, but also of where we need to go to meet a growing Global Demand, with rising standards of living at a time when producers are dealing with uncertainties in the farm economy and the conditions needed to farm, including the climate. Our chief economist, dr. Rob johansson, will provide an indepth overview of the state of the farm economy. Theres a lot to take in in 2019, but certainly not a typical year. There were many factors influencing the economy, including extreme weather, trade, importing and exporting countries, to name just a few. Following dr. Jays talk, the secretary will outline some
Outlooks. We will also hear from the usda chief economist at this forum. It is about 90 minutes. [inaudible conversations] good morning, everybody. If you could please find your seat. I would like to welcome everyone to usda 96 annual outlook forum. Usda oldest annual meeting. I am stephen, deputy secretary of agriculture. It is great to see everyone here this morning. This years theme is that innovation imperative. Shaping the future of agriculture. This is a fitting theme for the secretary to announce something we have been working on at usda called the agriculture innovation agenda. We are excited to share more with you this morning. I am joined in this room by many of you that are working to shape the future of our agriculture economy. It is important that we take stock, not only where we are today, but also where we need to go to meet a growing Global Demand with rising standards of living at a time when producers are dealing with uncertainties in the farm economy and the conditio
Adopted. Test captions Copyright National cable satellite corp. 2008 farmers win by doing right and they win by se questering carbon, using the farming techniques that keep the carbon in the soil, improving the productivity of those soils as well. From a Water Quality perspective, we know in a lot of places weve allowed nutrients to escape our fields. We can do better and our goal is to reduce that nutrient runoff off of our fields and farms by 2050 in that way. We think farming can be a real contributor to our air quality through Renewable Energy and weve seen that already through our ethanol and bio fuels industry, but we think we can do more in that way by creating a better environment for renewable fuels. Hopefully really moving forward with goals of 15 of our Transportation Fuel moving to that. These are all important goals, but were going to have a scoreboard that keeps track of these. Were not going to wait until the buzzer sounds 00 because you know that its progressive and wer
We are going to move on to our second panel. I am very excited for this actually. I have my good friend, janet woodcock, who is the principal fda commissioner and has been there for a number of years and helped reorganize and restructure offices. And is probably one of the best investors i know in the public and private sector. She has always been willing to do the hard work that others are unwilling to do and make hard decisions. And continuing our brain traps, we have dr. Mark mcclellan who ran two federal agencies including serving as the fda commissioner area i am an eternal pragmatist so this is fun for me because you are going to spend time talking about how to fix agencies and organizations. During the pandemic, the biomedical innovation complex works pretty well. We got vaccines, had therapeutics, and it took time to happen and in record time. All of us are probably sitting here today because these things actually happened. We got them out community. The Public Health infrastru
Our second panel. I am very excited for this actually. I have my good friend, janet woodcock, who is the principal fda commissioner and has been there for a number of years and helped reorganize and restructure offices. And is probably one of the best investors i know in the public and private sector. She has always been willing to do the hard work that others are unwilling to do and make hard decisions. And continuing our brain traps, we have dr. Mark mcclellan who ran two federal agencies including serving as the fda commissioner area i am an eternal pragmatist so this is fun for me because you are going to spend time talking about how to fix agencies and organizations. During the pandemic, the biomedical innovation complex works pretty well. We got vaccines, had therapeutics, and it took time to happen and in record time. All of us are probably sitting here today because these things actually happened. We got them out community. The Public Health infrastructure unfortunately offerin