This report describes the activities of the Center for Agricultural and Rural Development (CARD), Iowa State University, for the year ending June 30, 1987. During this fiscal year, CARD conducted numerous projects including the following: (1) a policy evaluation on agricultural applications of pesticides and ground water quality for the Environmental Protection Agency; (2) development of models with multiple objective decision criteria to determine optimal soil conservation policies; (3) the Rural Conservation Act appraisal of soil and water resources; (4) comprehensive analyses of the Food Security Act of 1985; (5) evaluation of calcium promotion and advertising; (6) an assessment of the appropriateness of survey data for identifying populations at dietary risk; (7) 10-year international agricultural projections; (8) food consumption and price policy analysis for Haiti, Indonesia, Jamaica, and Zambia; and (9) the initiation of a system for improved positioning of rural development programs. Many of these projects incorporated advanced microcomputer technology and large scale, econometric policy evaluation models. CARD supported 40 graduate students in the economics program at Iowa State University. The report includes a list of contracts and grants projects, a breakdown of funding sources, the total CARD operating budget, and list of CARD activities, publications and presentations for the year. (SV)