An agricultural research and development (ARD) program that was set to begin in 2020 could save taxpayers $3 billion a year by 2020 by helping farmers invest in their own agricultural land and water, according to a report from the USDA’s Agricultural Research Service (ARS).
The research and research services division, known as the Agricultural Research Institute (ARIS), is responsible for supporting the research and technical development of food, agricultural crops, and agricultural and agroforestry products.
The program is aimed at creating more jobs in rural communities by promoting the growth of agricultural research in areas where they are not currently being supported, according a USDA press release.
The announcement came as the agency announced the final funding for its 2018 fiscal year, which ends September 30, 2018.
It also announced the completion of a $2.8 billion, 10-year grant for ARIS that aims to support farmers through the 2020s.
It will help fund new research and innovation that will help improve agricultural productivity, improve the quality of food for human consumption, and support agriculture’s economic competitiveness, according the release.
The ARIS program, which is a $4 billion program that began in 2010, aims to create more than 3,000 new jobs by 2020 in the agriculture and agribusiness sector, according ARIS.
The agency also announced that it will invest $2 billion in agricultural research that will benefit the U.S. agriculture industry by 2023, and $1.5 billion in research and technology to improve crop and pest resistance and crop production.
The government also awarded a $1 billion loan to the ARIS Agricultural Research Station, which will help the agricultural research institute develop and test new technologies to increase productivity and yield.
To support its $3 trillion research and technological development, the Agriculture Department will also make $2 million in payments to rural community development organizations that are in rural areas to help with agricultural research, according an ARIS release.
It is the first time the federal government has made such a large investment in agricultural science.
In 2017, the USDA also announced an agreement with the University of Missouri to provide $2,000 grants to the university’s research university.
The payments will help support research that is focused on improving food security and the quality and resilience of crops and crops products. Read more