Monday, November 11, 2019

Members in the News: Malone, Bozic, Roe, Zhang, Chen, Katchova, Newton, Coble, Mintert, and Wolf

Trey Malone, Michigan State University
This foreign meat company got U.S. tax money. Now it wants to conquer America.
By: The Washington Post - November 7, 2019
Consolidation can lead to benefits for consumers. Trey Malone, an agricultural economist at Michigan State University, said consolidation has led to lower prices and an explosion of new food products. A grocery store in 1995 had about 8,000 options on average. Now, it’s more than 45,000.
“As companies get larger, you get economies of scale. The cost of production per unit decreases,” Malone said. “Companies increasingly compete at quality levels, offering hormone-free meat, Angus beef. They create new products. From a consumer perspective, you have higher quality meat and cheaper meat products.”
Read more on: The Washington Post

Marin Bozic, University of Minnesota
Milk Revival Boosts Battered Farmers in Key States for Trump
By: Bloomberg - November 5, 2019
“People will recover some footing,” said Marin Bozic, a dairy economist at the University of Minnesota. “They’re stepping back from the brink. And they have time to make strategic decisions on their own terms.”
Read more on: Bloomberg

Brian Roe, The Ohio State University
There’s a $218 billion design problem sitting in your fridge right now
Fast Company

September 3, 2019

Wendong Zhang, Iowa State University

Joyce Chen, The Ohio State University
Changes in worker program has benefits for finding farm labor
Ohio's Country Ag Journal

October 14, 2019
2019 Veterans Day Money Survey

November 4, 2019

Ani Katchova, The Ohio State University

John Newton, American Farm Bureau Federation
Keith Coble, Mississippi State University
Warning signs abound in today’s farm economy
By: High Plains Journal - November 4, 2019
The Farm Foundation, Oct. 22, hosted its monthly forum, titled, “Farm Economy: Issues and Impacts.” The forum’s slate of economic experts included: John Newton, chief economist of the American Farm Bureau Federation; Seth Meyer, associate director and research professor, Food and Agricultural Policy Research Institute, University of Missouri; and Keith Coble, professor and head of the Mississippi State University department of agricultural economics.
Newton said that while it’s true that net farm income in 2019 is in the top 30% of all time, strip away the federal aid packages from natural disasters, prevented planting, trade aid and more, the economic story is quite different. It actually brings the net farm income down to $69 billion, or in the bottom 50% of all time farm incomes.
Read more on: High Plains Journal

James Mintert, Purdue University
Crop Pest Management Short Course – Dec. 10-12
By: The Green Sheet Farm Forum - November 1, 2019
James Mintert is a professor and Extension economist in Purdue’s Department of Agricultural Economics and serves as director of Purdue’s Center for Commercial Agriculture. Mintert will review and update the status of trade wars, commodity prices, regulations, interest rates and farm policy, as well as farmland values and rental rates, which can all affect farmers’ attitudes and well-being. Purdue’s Ag Economy Barometer will also be presented which is a monthly nationwide survey of U.S. crop and livestock producers that provides an ongoing measure of farmer sentiment and helps highlight the key factors driving shifts in farmers’ perspectives and what that means for the U.S. farm economy.
Read more on: The Green Sheet Farm Forum

Chris Wolf, Cornell University
Tough times call for financial decision making
By: Hoard's Dairyman - November 1, 2019
At World Dairy Expo, Chris Wolf, a professor in Agricultural Economics and Management at Cornell University, presented a seminar on the sometimes dreaded topic of dairy farm finances and decision making. During the presentation, he shared benchmarks for dairy farms, discussed long-term investments, and elaborated on management modifications.
Read more on: Hoard's Dairyman

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