Ag Economics

This multi-year project was made possible by a diverse community of people–dedicated to wildlife and working lands in the American West. Enjoy! 

Check out the new CGS Podcast episodes featuring upcoming NGC speakers Jay Parsons, Melissa Panella, Jeff Drahota, and Walt Schacht.

Biological invasions are responsible for substantial biodiversity declines as well as high economic losses to society and monetary expenditures associated with the management of these invasions. The InvaCost database has enabled the generation of a reliable, comprehensive, standardized and easily updatable synthesis of the monetary costs of biological invasions worldwide. Here we found that the total reported costs of invasions reached a minimum of US$1.288 trillion (2017 US dollars) over the past few decades (1970–2017), with an annual mean cost of US$26.8 billion.

The U.S. Department of Agriculture is increasing incentive payments for practices installed on land enrolled in the Continuous Conservation Reserve Program (CRP). USDA’s Farm Service Agency (FSA) is upping the Practice Incentive Payment for installing practices, from 5 percent to 20 percent. Additionally, producers will receive a 10 percent incentive payment for water quality practices on land enrolled in CRP’s continuous signup.