Members in the News: Zhang, Rosson, Gray, and Klinefelter

Wendong Zhang, Iowa State University Iowa Farmland Values Rebound After Three-Year Decline By:  Successful Farming/Agriculture.com, Des Moines Register, Iowa Public Radio, Corn and Soybean Digest, Farm Journal, and Radio Iowa - December 13, 2017 An Iowa State University survey said the average acre of Iowa farmland rose in value by 2% in 2017, to $7,326, ending the first three-year decline in values since the agricultural crisis of the mid-1980s. The leader of the survey, Wendong Zhang, said he viewed the increase as “a temporary break in a downward adjustment trajectory.” "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 Successful Farming/Agriculture.com, Des Moines Register, Iowa Public Radio, Corn and Soybean Digest, Farm Journal, and Radio Iowa C. Parr Rosson, Texas A&M University Exports critical to U.S. ag By:  AgriNews - December 19, 2017 “One-third of U.S. agricultural production enters the export market,” said C. Parr Rosson, professor and head, Department of Agricultural Economics, Texas A&M University. “That means when export markets get soft we tend to accumulate stocks and stocks tend to drive down prices,” Rosson said during a presentation at the Midwest Agricultural Ties to the Global Economy meeting hosted by the Federal Reserve Bank of Chicago. “At $7 corn, you can absorb a little price reduction, but at $3 to $3.25 corn, it’s a big problem.” (Continued...) Read the entire press release on AgriNews Allan Gray, Purdue University Latest Advances in Food and Agribusiness Explored on American Farmer TV Series By: BenZINGa- December 13, 2017 "Our goal as a center is to partner with professionals in food and agribusiness to help them further their careers and position their companies for success," said Allan Gray, center director, professor of agricultural economics, and Land O'Lakes Chair in Food and Agribusiness. "Our programs cover a wide variety of roles, including sales, management, marketing, strategy and finance, and they are tailored to professionals representing a variety of industry segments—from agronomic organizations to food production companies. We look forward to working with American Farmer to highlight the ways we're making a difference in agriculture and the ways industry professionals can be a part of that." "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 BenZINGa Danny Klinefelter, Texas A&M University A plea for real world economics By: The Western Producer - December 14, 2017 “I think the system is skewed,” Danny Klinefelter, a prominent Texas A and M University professor, said in an interview a few days after his official retirement. “It’s not that I think that the research that’s being done is not good stuff and doesn’t have a place; it’s that it’s being done to the exclusion of applied (economics.)” (Continued...) Read the entire article on The Western Producer

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