On This PageDecember 2006, No. 233b
On September 29, 2006, the Federal Reserve Bank of Chicago and the Chicago Council on Global Affairs held a joint conference on the linkages between global competition in agriculture and the Midwest. This conference brought together industry experts and academics involved in agriculture to discuss the effects of globalization on the Midwest economy.

Globally Competitive Agriculture and the Midwest: A Conference Summary
Last Updated: 11/28/06
At the conference, titled Globally Competitive Agriculture and the Midwest, participants examined the global playing field for midwestern agriculture, explored the implications of globalization for economic growth in the Midwest and discussed the influence of government policies on the global competitiveness of agriculture in the Midwest. A common thread of the conference was that world markets are crucial for Midwest agricultural growth and that U.S. farm policy needs to change with the times in order to promote continued growth for the Midwest.