Monday, July 15, 2019

Members in the News: Funk, Boehm, Ferrier, Barnaby, and Anderson

Sam Funk, Iowa Farm Bureau
Massive Gamble on Soy Hoarding Pays Off for America’s Farmers
By: Bloomberg - July 12, 2019
“It’s great for those who had that opportunity” to sell on rallies, said Sam Funk, director of agriculture analytics and research for the Iowa Farm Bureau. “For the entire system to be able to find those profitable marketing opportunities, it’s going to take a reopening of those markets.”
Read more on: Bloomberg

Rebecca Boehm, Union of Concerned Scientist
Peyton Ferrier, USDA-Economic Research Service
Honeybees hit by Trump budget cuts
By: CNN Politics - July 6, 2019
"This is yet another example of the Trump administration systematically undermining federal research on food safety, farm productivity, and the public interest writ large," said Rebecca Boehm, an economist at the Union of Concerned Scientists.
"We're concerned about whether honeybee colony losses are still high and whether we're making any progress in bringing them down," said Peyton Ferrier, an economist at USDA who conducts research on how honeybee health affects the agriculture industry.
Read more on: CNN Politics

Art Barnaby, Kansas State University
Use Crop Insurance? Thank Art Barnaby
By: Successful Farming - July 8, 2019
Crop insurance is popular, partly because private companies sell it. It works because farmers can buy revenue insurance with a harvest price tied closely to a crop’s real value. We might not have this valuable resource without the work of Kansas State University (KSU) ag economist Art Barnaby. He helped create the first version of revenue insurance, Market Value Protection, offered in 1991. Barnaby retired from KSU on January 31.
Read more on: Successful Farming

David Anderson, Texas A&M University
Briskets are Hot - Beef Brisket Values Skyrocket as Popularity Grows
By: Progressive Farmer - July 8, 2019
David Anderson, agricultural economics professor and AgriLife Extension economist at Texas A&M University, said he and others anticipate a record amount of total meat production in the U.S. in 2019, according to a news release from the university. But items like beef briskets, bacon, chicken wings and hamburgers have shown particular strength in recent years.
"For the particular cuts of briskets, demand is really skyrocketing," Anderson said. "We are seeing an increase in prices because of that demand, even though supply is growing." According to Anderson, the comprehensive cutout brisket value was $213.47 per hundredweight as of the end of May--up 19.4% from the same week in 2018.
Read more on: Progressive Farmer

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*Articles in response to the AAEA Communicating Out Strategy Press Releases highlighting: Government Relations, American Journal of Agricultural Economics, Applied Economic Perspectives & Policy, Choices Magazine, General Media, and/or 2019 AAEA Annual Meeting in Atlanta.

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