- Author: Pat Bailey
Agriculture has always been a precarious enterprise, vulnerable to weather, pests, disease and fickle markets. But for the farmers and ranchers in developing nations, such inherent uncertainty becomes a matter not just of success or failure but also of life or death.
Aiming to diminish that risk and alleviate global poverty and hunger, the US Agency for International Development (USAID) has established a $25 million grant program, directed by a UC Davis agricultural economist. The program will develop and test financial systems that can boost agricultural productivity and food security in developing countries.
The five-year project will finance research projects...