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Amber Waves cover, November 2008
Amber Waves: The Economics of Food, Farming, Natural Resources, and Rural America

November 2008

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Data Feature Heading
Photo: Farmer in a field of grain.

by Ronald Trostle

Rising food demand, increased energy costs, a weak U.S. dollar, and other factors contributed to the rapid escalation of food commodity prices until July 2008.

Photo: Farmer on one knee in field.
New Market Realities Affect Crop Program Choices

by Robert Dismukes and Edwin Young

Despite higher commodity prices, producers must still mitigate and manage risks.

Photo: Dinner plate of healthy foods.

Can Low-Income Americans Afford a Healthy Diet?

by Elise Golan, Hayden Stewart, Fred Kuchler,
and Diansheng Dong

Low-income households that receive maximum food assistance benefits usually can afford a healthy diet; others may have more difficulty.

Photo: Close-up of wheat field.

Market Failures: When the Invisible Hand Gets Shaky

by Marc Ribaudo, Fred Kuchler, and Lisa Mancino

Government intervention in agricultural markets may be warranted under circumstances where markets fail to allocate resources efficiently.