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In relationship to this, check out Monbiot's article here:
http://www.commondreams.org/archive/2008/01/29/6704/
Monbiot points out that the consumption of the wealthy -- and he also chooses excessive meat-eating as an example -- is a greater threat to the world in many ways than the burgeoning population, which is also a very real problem.
It is precisely this which makes me say, once again, that it does little good to talk about the future of agriculture in with exclusive regard to peak oil, without also carrying on an extensive conversation about environmental ethics, consumption and population ethics, and geopolitics and resource war.
Resource War is, in my opinion, the biggest driving force in the politics of the USA right now. All other issues will be addressed only as crises which are used to concentrate power in order to better conduct the Resource War. (This includes the current economic crisis, IMHO.) Democrats are as enmeshed in this as Republicans, obviously.
Any remaining Future Farmers of America will live in chaotic times, to say the least.
The future of agriculture is no more stable or predictable than thew future of our species.
Agriculture is dominated by men (note: men!) with primitive (bellicose) emotions and strange medieval concepts of themselves as having the Divine Rights of Kings, and who mistake themselves for gods because of our temporary access to god-like technology.
By contrast, the demographics of young, small-scale farmers includes many women. Around here small farmers are about 50:50 female:male I'd guess.
I wrote this on another site regarding a different topic (I think the numbers are correct... at least, I hope they are.):