Report: Ag Production Lagging Behind Demand Growth

Agricultural productivity is not on par to keep up with population demand, according to The Global Harvest Initiative 2010 GAP Report. The report — compiled by the Farm Foundation and the USDA Economics Research Service — states that the world population is expected to double by 2050 and agricultural output must grow by 1.75 percent per year in total factor productivity in order to meet that demand. Total factor productivity is the increase in output per unit of total resources employed in production. Between 2000 and 2007, that number averaged 1.4 percent per year. (Agri-Pulse) Learn more.