Every day, soybean farmers reap the benefits of the hard work by dedicated men and women at our land-grant universities and federal entities who are advancing the industry through scientific and economic research. This research has helped to create countless innovations, each of which enable soybean farmers to remain viable, compete in the marketplace and do more with less. In a budget-conscious atmosphere, it may be easy to reduce investments in research, but how would your administration protect and enhance commitments to agricultural research that drives the soybean industry and all of agriculture forward?
I strongly support investments in research and development that help spur America innovation and proposed a goal that, as a country, we invest more than 3% of our GDP in public and private research and development. Through the Recovery Act, we enacted the largest research and development increase in our nation’s history. In fact, the Recovery Act also made the largest single investment in clean energy in American history, including over $800 million toward research the development of new biofuels and support biorefinery technology. And I am making agricultural research a priority because investing in programs like the Agriculture and Food Research Initiative and the Agricultural Research Service will make Americans better off in the long run. While making tough choices, we will continue to prioritize investments in research to ensure that our country remains a global leader and that Americans can remain innovators, working to better their lives and the lives around them.
One of the principal reasons that the U.S. agriculture sector is so successful is because our nation’s farmers and ranchers have always supported the need for investing in the future through a priority focus on research, teaching, and extension. U.S. agriculture is ideally positioned to grow and prosper in the future, but this will only occur if we continue to support and invest in our agricultural research system. A Romney Administration will focus on high-priority agriculture research – the so-called seed corn for the future – in order to build upon past success and ensure future prosperity.