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Rabobank Releases Sustainable Agriculture Survey
added: 2009-04-21

With Earth Day around the corner, Rabobank found that nearly 70 percent of the U.S. farmers and ranchers surveyed have taken steps toward implementing sustainable agricultural practices.

"Sustainability is an increasing priority among consumers as well as for many areas of industry and commerce, and this survey shows that U.S. farmers and ranchers share that view," said John Ryan, president and CEO for Rabo AgriFinance. "Sustainable agricultural practices are the cornerstone of long-term strategy for success."

According to Rabobank Farm & Ranch Survey, three out of every four U.S. farmers are aware of sustainable practices, and most have used direct seeding, minimized the use of chemicals or employed crop rotation.

"For our farmers and ranchers in California, the use of alternative energy sources can be a matter of survival. Energy and water resources are limited and costly, so the development and employment of sustainable energy sources in agriculture is a smart business practice as well as beneficial to the environment," said Aitor Ezcurra, Executive Vice President and Head of Commercial Banking for Rabobank, N.A.

Additionally, the Rabobank survey found:

- In the North Central and South regions, higher-revenue farms (more than $1 million annually) have taken steps toward sustainable agriculture (North Central: 89% vs. 67% of lower-revenue farms; South: 97% vs. 65% lower-revenue farms).

- The opposite is true for farms in the West. More lower-revenue farms have moved toward sustainable agriculture (74% vs. 51% for farms with revenues exceeding $1 million).

- Direct seeding is more prevalent in the South and North Central (64% and 61% respectively vs. 44% in the West). It is also more prevalent among large acreage farms (75% for 1,000 acres or more vs. 52% for less than 1,000 acres).

- Reduction of energy use is more prevalent in the West (45%) compared to North Central (29%).


Source: PR Newswire

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