UNL receives grants to evaluate land conservation stewardship
By University of Nebraska-Lincoln IANR News compensation. Simanti Banerjee, an assistant professor in “Since these payments are an integral part the Department of Agricultural Economics at of the agricultural system of the U.S., scientific the University of Nebraska–Lincoln (UNL) investigation is important to identify auction has received a four-year $498,641 grant from design features which contribute positively the United States Department of Agriculture to cost-effectiveness, while generating envi(USDA) to study the effectiveness of conservation auction policies. The grant will initiate ronmental and economic benefits for agricula new research collaboration between UNL tural communities and society at large,” said and Fordham University where Banerjee’s Banerjee collaborator on this project is based. Banerjee’s project will focus on the impact Agricultural lands have the potential to deof information about the environmental effects of land use actions, auction format, social and liver a wide variety of benefits to the environcommunity level ties and individuals’ tendenment. In an effort to preserve natural habitat, the USDA has implemented policies, such as cies to seek peer approval using economic exthe Conservation Reserve Program (CRP). In periments. Her experiments will involve real exchange for a yearly rental payment, farmpeople making multiple choices on the basis of which they will get paid. The findings will ers enrolled in CRP agree to remove enviprovide insights about human behavior under ronmentally sensitive land from agricultural multiple changing conditions. production. The grant was made through the Agriculture The cost-effectiveness of these policies and Food Research Initiative (AFRI) Founis uncertain. Fund disbursal from these policies are subject to budget constraints and dational program, administered by USDA’s often times landowners end up being overNational Institute of Food and Agriculture compensated. The USDA implements reverse (NIFA). AFRI supports projects that sustain auctions, under the CRP to mitigate such overCONTINUED ON PAGE B6
Trader’s Dispatch, July 2016 — Page B3
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