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Genesee County Agricultural and Farmland Protection Plan

Genesee County Agricultural and Farmland Protection Plan

Genesee

Genesee County Agricultural Trends Profile Introduction Agriculture in Genesee County is being shaped by a number of trends. Some are specific to the local area while other trends are driven by national and global forces shaping agriculture. This report provides a barometer on the general health of the County’s agricultural industry. As a means of comparison, data and trends from Orleans County, New York and Wyoming County, New York are used as a benchmark. These trends can be used to identify strengths and weaknesses, opportunities and threats in the farming community, as well as serve as a guide for development efforts in the future. Agricultural Trends Profile for Genesee County, New York 2

Methods The methods used to prepare this report are commonly accepted econometric practices. Data were gathered from several federal government sources, including the Census of Agriculture, the Regional Economics Information System (REIS), and County Business Patterns. The data were downloaded from CD-ROM disks or from Internet sources, and imported into Microsoft Excel spreadsheets. Here the data were adjusted for inflation, by inflating the data to recent dollars (usually 1997 or 1998 dollars). In general, the inflator used was the Producer Price Index (PPI). In some cases, where noted, the [Farmers] Prices Received Index (PRI) maintained by the USDA or the Consumer Price Index (CPI) was used. This trend profile includes an analysis of (1) the financial health of agriculture in Genesee County (for example, sales, expenses and income trends), (2) trends in the structure of agriculture in Genesee County (for example, change in number of farms, types of farms), and (3) an examination of the linkages between agriculture and the balance of Genesee County’s economy . Interpretation Note: Analytical tools chosen from one analyst to another may be different and the resulting data vary. Furthermore, charts and graphs are subject to different interpretations. Care should be taken not to accept this information as absolute truth. Instead, we recommend that this information be used to supplement local stakeholders' observations, provide some new insights, and raise issues for further study. Agricultural Trends Profile for Genesee County, New York 3

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