Members in the News: Hart, Lichtenberg, Hendricks, Smith, Schulz, Griffin, Shockley, Fuller, Taylor, Banerjee, and Lade

Chad Hart, Iowa State University Exports help grain prices as supply is higher than demand By: Wallace's Farmer, High Plains/ Midwest Journal - December 11, 2017 “The early projections for crop production in 2018, show the same pattern for increases in soybean production. Exports are the key to this increase, with 50 percent of the U.S. soybean crop being exported as compared to 12 to 15 percent of the corn crop,” Hart said. "The underlying studies date back to publications in the 1990s, but it really dates back to science from the 1980s," said Thomas Hertel, Purdue distinguished professor of agricultural economics, whose findings were published in Nature Communications. "It was optimistic on the benefits to agriculture from rising temperatures." (Continued...) Read the entire press release on Wallace's Farmer, High Plains/ Midwest Journal Erik Lichtenberg, University of Maryland Nathan Hendricks, Kansas State University Aaron Smith, University of California, Davis Agriculture and the environment in 2018: Conservation programs, the Waters of the United States, and the Renewable Fuel Standard By: AEI - December 6, 2017 Wednesday at AEI, agricultural policy experts gathered to discuss agriculture and the environment in 2018. The three newest papers in AEI’s “Agricultural Policy in Disarray” series were presented by their corresponding authors. "The underlying studies date back to publications in the 1990s, but it really dates back to science from the 1980s," said Thomas Hertel, Purdue distinguished professor of agricultural economics, whose findings were published in Nature Communications. "It was optimistic on the benefits to agriculture from rising temperatures." (Continued...) Read the entire press release on AEI Lee Schulz, Iowa State University Exports continue to drive livestock prices By: High Plains/ Midwest Journal - December 12, 2017 Iowa State University Extension livestock economist Lee Schulz said 100 billion pounds of red meat and poultry have been produced in the U.S. this year. There isn’t an increase in domestic consumption, therefore the markets are relying on exports to keep prices up. (Continued...) Read the entire article on High Plains/ Midwest Journal Terry Griffin, Kansas State University Jordan Shockley, Universality of Kentucky NDSU: Precision Ag Summit Set for Jan. 15-16 By: Tri-State Livestock News - December 7, 2017 The schedule on Jan. 15 includes keynote speaker Terry Griffin, assistant professor in the Department of Agricultural Economics at Kansas State University and treasurer of the International Society of Precision Agriculture. He'll speak on the evolution of precision agriculture from the past to the present and into the future. Griffin's research and Extension programs focus on the economics of cropping systems in general, and specifically on precision agriculture technologies and big data. (Continued...) Read the entire article on Tri-State Livestock News Kate Fuller, Montana State University MSU Extension cropping seminars set for Jan. 8-11 By: Tri-State Livestock News- December 7, 2017 Kate Fuller, MSU Extension specialist in agricultural economics and economics, will share "Partial budget analysis: why and how to estimate cost of production." Producers will explore enterprise budgeting and partial budget analysis during Fuller's presentation. Available estimates, along with tools to help estimate and benchmark cost of production for both current and potential enterprises, will be shared. Participants can also explore current market conditions and how they will impact producer profitability. (Continued...) Read the entire article on Tri-State Livestock News Mykel Taylor, Kansas State University Frequently asked question: How much are cash rents for farmland? By:  The Ottawa Herald- December 10, 2017 Because of the frequency of this question throughout the state, our K-State Research & Extension Agricultural Economics department has worked hard to provide answers to those questions. Extension agents even have sent out anonymous questionnaires or surveys to landowners and tenants asking what they are receiving or paying for cash rents. Unfortunately when I have done this in years past, the return rate was low, and thus I have not sent out a survey in several years.    (Continued...) Read the entire article on The Ottawa Herald Simanti Banerjee, University of Nebraska Study tries to find right incentive to promote agricultural conservation methods (AUDIO) By: Nebraska Radio Network - December 11, 2017 Assistant Agricultural Economics Professor Simanti Banerjee says coordination with other producers along with higher conservation payments should prompt environmentally friendly practices. Banerjee says financial incentives should convince producers conservation is worth their while. (Continued...) Read the entire article on Nebraska Radio Network Gabe Lade, Iowa State University ISU study shows those who cut water use also save on electric bills By: Radio Iowa- December 11, 2017 ISU economics professor Gabriel Lade says they started out by working with utilities to send water reports to a select group of homes. “These reports provide simple information about your household’s average daily water use,” Lade says. “It compares you to other households around you so you get a sense of whether you’re a high or low water user, and it provides you with a lot of conservation tips.” (Continued...) Read the entire article on Radio Iowa

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