Tuesday, February 21, 2017

Members in the News: Roe, Jha, Hurt, & Giri

Terry Roe, University of Minnesota
Food Fight: Mexico Targets American Corn In Trump 'Trade War'
By: Forbes - February 17, 2017
"I would not be surprised to see Mexico broaden the agricultural commodities to put tariffs on," says Terry Roe, a University of Minnesota professor and member of the steering committee at the University's Center for International Food and Agriculture Policy. He thinks Mexico is more likely to tread carefully in any food fight with Washington since agricultural trade is a larger share of Mexico's GDP than it is for the U.S. In the short-term, new corn duties has low odds of passing legislation anyway. Roe gives it a 15% chance.

Read the entire articles on Forbes

Jaya Jha, Colby College
Consequences of potential Mexican tariffs on U.S. corn
By Brownfield - February 15, 2017
Jaya Jha specializes in the macro-economics of international trade at Colby College in Maine.

She tells Brownfield any retaliation by Mexico will likely cause the U.S. Dollar to strengthen.

“One percentage appreciation of the U.S. dollar is going to lead to, according to my research, a fall in U.S. agricultural exports of about 3.4 percent.”

Specifically for corn, her analysis shows every one percent appreciation of the dollar leads to more than a one percent drop in U.S. exports.

Read more about the award on Brownfield

Chris Hurt, Purdue University
Ag outlook breakfast set for Tuesday in Rockville
By: Tribune Star - February 19, 2017
Purdue Extension Parke County will host an agricultural outlook breakfast on Tuesday at the Parke County Fairgrounds in Rockville.

Breakfast will be available at 8 a.m., sponsored by First Financial Bank. Chris Hurt of Purdue Agricultural Economics will provide an overview of the farm economy.

Outlook information for commodity agriculture, expectations for input price adjustments, trends in farm rental rates and land values will be topics covered in the program.

Read more about the event onTribune Star

Anil Giri, University of Central Missouri
Study Details Retail Trends Across Nebraska
By: KTIC - February 19, 2017
“Rising unemployment and income stagnation, which reduced buying power and uncertainty among consumers, during the most recent recession years slowed the growth of the retail sector significantly,” said Anil Giri, assistant professor of biology and agriculture at the University of Central Missouri and co-author of the study.

Read more on KTIC

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