Joseph Glauber, International Food Policy Research Institute
Trade war with China could hurt these U.S. businesses most
By: CBS News - March 23, 2018"As income levels have risen in China, diets have shifted more and more to meat consumption," said Joseph Glauber, senior research fellow at the International Food Policy Research Institute. "They've modernized their pork and poultry production, so it looks a lot like the U.S., and they feed them much like we do in the U.S." -- that is to say, with soybeans and corn. Sorghum and barley have also benefited from this growth to a lesser degree.
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Read more on: CBS
William Martin, International Food Policy Research Institute
Climate change and protectionism could harm efforts to feed the world: report
By: Reuters - March 19, 2018“A longer-term issue is that everyone ends up poorer if you don’t allow trade,” said Will Martin, a senior research fellow at IFPRI and co-author of its annual Global Food Policy report. Global hunger rose to 815 million people in 2016 from 777 million in 2015, according to the United Nations. Eliminating hunger and malnutrition by 2030 are part of the Sustainable Development Goals (SDGs), a global plan of action.
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Read more on: Reuters Sir, I was surprised to see full-throated advocacy of destination-based (DB) corporate taxes in your editorial “Breaking the dilemma on global corporation tax” (March 13). Yes, like the widely analysed origin-based corporate cash flow tax, a DB corporate cash flow tax would generate revenue based on corporate cash flow. But, in contrast with an origin-based tax, much of this revenue is from higher costs for government purchases — that is revenue the government pays out of its own pocket. The net revenue base of such a tax is private final consumption less wages, which is negative for many, perhaps most, economies. What is the point of a tax with negative revenues?
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Read more on: Financial Times
Shenggen Fan, International Food Policy Research Institute
Joseph Gaubler, International Food Policy Research Institute
Trade protectionism threatens progress in poverty reduction, food security: Report
By: China Daily - March 21, 2018"These desires to roll back our open global systems threaten to slow progress toward achieving the Sustainable Development Goals to end poverty and hunger by 2030," IFPRI Director-General Shenggen Fan told reporters in a conference call before the release of the report. "This has been one of the great benefits of creation of the WTO back in 1995. It is a dispute settlement body and a system of rules that can deal with precisely this sort of charges that countries raise," Glauber told Xinhua, warning that trade wars would be detrimental to many countries.
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Read more on: China Daily
Chad Hart, Iowa State University
Wendong Zhang, Iowa State University
Tariffs aside, China's ethanol demand remains
By: China Daily - March 29, 2018"As China's gasoline-vehicle fleet has grown, gasoline and ethanol demand has risen sharply, and the government has announced a target to utilize a 10 percent ethanol blend by 2020," Chad Hart, an economics professor at Iowa State University, wrote in an email. "China will reach this blend target with a combination of domestic production from a variety of feedstocks (with corn the majority feedstock) and international trade." "What is more important for the (US) ethanol industry is the potential missed opportunity, given that China's ethanol production and demand for exports will be much greater due to the ethanol mandate," Wendong Zhang, an economics professor at Iowa State University, wrote in an email.
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Read more on: China Daily
Shenggen Fan, International Food Policy Research Institute
‘Move out, move up’ approach could ease India’s farm crisis: IFPRI chief
By: The Hindu - March 20, 2018Indians must adopt policies that facilitate sections of farmers to ‘move out’ of rural areas to urban areas and the remaining ones to ‘move up’ in the farming sector to tackle the current agrarian crisis, the head of the International Food Policy Research Institute (IFPRI) said. “India needs a ‘move out, move up’ approach to deal with the agriculture crisis,” Shenggen Fan, Director General, IFPRI told The Hindu in an interview ahead of the release of the annual global food policy report.
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Read more on: The Hindu
Wally Tyner, Purdue University
Here's how a trade war with China could affect Hoosiers
By: Indy Star - March 26, 2018
If China chooses to go directly after soybeans, Purdue University has estimated U.S. soybean exports could decline as much as 40 percent. That could result in more than $3 billion in lost income nationwide.
“That’s a big deal,” said Wally Tyner, an agricultural economics professor at Purdue University.
Read more on: Indy Star
Marshall Martin, Purdue University
Potential Chinese tariff can be a gut punch to West Central Indiana soybean industry
By: Journal & Courier - March 27, 2018"Two most important crops in Indiana are corn and soybean," said Marshall Martin, an agricultural economics professor and the senior associate director of agricultural research at Purdue University.
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Read more on: Journal & Courier
Marshall Martin, Purdue University
Wally Tyner, Purdue University
How steel and aluminum tariffs can affect Lafayette manufacturers
By: Journal & Courier - March 27, 2018
"This type of trade war has caused lot of stress and harm to a lot of different sectors of the economy," said Marshall Martin, an agricultural economics professor and the senior associate director of agricultural research at Purdue University.
Purdue professor Wally Tyner isn't quite buying many companies' statements. He said domestic steel and aluminum prices will also increase with the tariff. U.S. manufacturers typically have higher expense, due to labor and material costs. By artificially increasing foreign steel and aluminum prices, the tariffs seek to give domestic manufacturers chances to increase their own prices to give breathing room in their profit margin, he said.
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Read more on: Journal & Courier
James MacDonald, USDA Economic Research Service
Farming is still a family business
By: AGWeek - March 27, 2018"Agriculture has been consolidating for many years. Farms have been getting bigger since the 1930s," MacDonald said. "But consolidation has gotten more complicated since 1995. There are more large farms, but there are also more very small farms, too."
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Read more on: AGWeek
Luis Ribera, Texas A&E University
Spiro Stefanou, University of Florida
Ribera appointed to Council on Food, Agricultural and Resource Economics Board
By: Southwest FarmPress - March 28, 2018“C-FARE is a non-profit organization dedicated to strengthening the national presence of the agricultural economics profession,” said Dr. Spiro Stefanou, C-FARE board chair and department chair at the University of Florida department of food and resource economics. “It is truly an honor to be appointed to the board,” Ribera said. “I look forward to working with fellow agricultural economists to continue the excellent work that C-FARE does tackling relevant agricultural and policy issues.”
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Read more on: Southwest FarmPress
Dermont Hayes, Iowa State University
Chinese retaliation on U.S. pork exports will harm the rural economy
By: National Hog Farmer - March 23, 2018Many economists, including Iowa State University economist Dermot Hayes, have cautioned that tariffs on U.S. agricultural products could disrupt exports to China. Lost sales would have severe economic consequences for America’s farmers, who shipped nearly $20 billion of goods to the Asian nation in 2017.
Jason Grant, Virginia Tech
Steel, aluminum tariffs hitting local businesses
By: Virginia First - March 13, 2018Some local experts think the taxes could anger other countries, causing them to retaliate. Experts like Jason Grant, an associate professor at Virginia Tech University and the Director of the Center for Agricultural Trade, who says the countries could pass their own tariffs on the items America exports and they import.
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Read more on: Virginia First
Bert Greenwalt, Arkansas State University
Eric Wailes, University of Arkansas
Walmart imagines drone-aided farming
By: Northwest Arkansas Democrat Gazette - March 25, 2018"Increasingly, you're seeing companies that interface with the consumer like Walmart and their competitors becoming more and more interested in how food is produced and what inputs are used to produce the food," said Bert Greenwalt, professor of agricultural economics at Arkansas State University. "That's relevant to them as they court the changing taste in preferences of consumers, their customers." Eric Wailes, distinguished professor in the Department of Agricultural Economics and Agribusiness at the University of Arkansas, said Walmart's farm-related patent applications are a "logical move" because it could improve productivity, reduce costs and shorten the food chain.
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Read more on: Northwest Arkansas Democrat Gazette
Gregory Graff, Colorado State University
A bright future for Morgan County
By: Fort Morgan Times - March 23, 2018Sailsbery's address was followed by a speech from guest speaker Dr. Gregory Graff, who is an Associate Professor in Agriculture Economics at CSU. Dr Graff provided insight on the agriculture chain, Morgan County's position within the chain, and the opportunity for Morgan County residents to leverage current assets to help expand agricultural innovation.
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Read more on: Fort Morgan Times |
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