Document Type

Article

Publication Date

4-1998

Keywords

crop prices, organic food, commodities

Abstract

Organic industry sales by United State (US) natural product distributors have been growing at more than 20 percent annually during the 1990s. Demand growth for certified organic agricultural commodities has been strong both in the us and abroad. For example, Japan's demand for organically grown us soybeans has been especially strong in recent years. This growth in demand, together with growing concerns about the profitability and ecological sustainability of more "conventional" farming systems in some areas, is causing new interest in organic agriculture. Therefore, as part of our sustainable agriculture research program in the Economics Department at South Dakota State University (SDSU), we have begun to keep systematic track of organic prices for some key grain and bean commodities. comparisons of these organic prices with prices for the same commodities grown "conventionally" are presented in this pamphlet. Data and charts for the years 1995, 1996, and 1997 are presented.

Comments

Economic Pamphlet 98-2

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