Tuesday, May 26, 2020

Members in the News: Bhuyan, Malone, Tonsor, Anderson, Hayes, Johansson, Bellemare, Schwabe, Lusk, Hart, Ker, Batabyal, Bovay... et al.

Sanjib Bhuyan, Rutgers University
Trey Malone, Michigan State University
Why are grocery prices rising? Here's what shoppers need to know
By: TODAY - May 15, 2020
“Food prices are rising not because we don’t have enough food, but mainly due to the fact that the agri-food supply chain is currently unable to deliver when and where food is needed due to the shortage of labor, particularly at farm level," Sanjib Bhuyan, an associate professor at Rutgers University's Department of Agriculture, Food and Resource Economics, told TODAY.
Malone said data suggests many people are buying most of their items at one store (like Costco), which means smaller retailers, like local grocers and corner markets in urban areas, might actually have a wider variety of items available relative to some of the larger retailers.
Read more on: TODAY

Glynn Tonsor, Kansas State University
David Anderson, Texas A&M University
Dermot Hayes, Iowa State University
COVID-19 Meat Shortages Could Last for Months. Here's What to Know Before Your Next Grocery Shopping Trip
By: TIME - April 30, 2020
This was supposed to be a big year for America’s meat industry. As recently as late February, a USDA livestock analyst predicted record-setting red meat and poultry production as economic growth and low unemployment boosted demand for animal protein.
Then came COVID-19. By the end of April, the pandemic changed the economic and agricultural landscape so drastically that Tyson Foods, one of America’s biggest meat producers, warned in a full-page New York Times ad that the “food supply chain is breaking.”
Read more on: TIME

Robert Johansson, USDA-Office of the Chief Economist
Farmers’ hopes for respite from Trump-era struggles fade amid pandemic
By: The Washington Post - May 11, 2020
Total farm debt is projected to top $425 billion this year, “near its peak in the early 1980s,” Robert Johansson, USDA’s chief economist, said in a February speech. The industry’s debt-to-asset ratio is at its highest level since 2003, he noted.
Read more on: The Washington Post

Marc Bellemare, University of Minnesota

Dermot Hayes, Iowa State University

Glynn Tonsor, Kansas State University
Dermot Hayes, Iowa State University
Coronavirus closes some meat plants, raising fears of shortages
By: Los Angeles Times - April 13, 2020
The reduced production so far has been offset by the significant amount of meat that was in cold storage, said Glynn Tonsor, an agricultural economist at Kansas State University. Producers are also working to shift meat that would have gone to now-closed restaurants over to grocery stores.
“It’s like people on an escalator. Stopping the pork chain at the top of an escalator is just going to cause all sorts of tragedy and disaster all the way back up the system,” said Dermot Hayes, professor of economics and finance at Iowa State University.
Read more on: Los Angeles Times

Kurt Schwabe, University of California, Riverside
Rethinking (waste) water conservation
By: Water World - May 14, 2020
When it comes to water conservation in cities that depend on wastewater reuse, even the best intentions can have unintended consequences.
That’s the main message to be gleaned from new findings from a team of water economists and engineers led by Kurt Schwabe, a professor of environmental economics and policy and the associate dean of the School of Public Policy at the University of California, Riverside.
Read more on: Water World

Jayson Lusk, Purdue University
Purdue University and Microsoft team up to calculate COVID-19 impact on agriculture
By: The Pig Site - May 21, 2020
“One of the things we’ve learned over the past few weeks is how important it is to know where our food comes from and to be able to identify and pin point potential problem spots. This tool was designed to help us detect if and when a problem emerges,” said Jayson L Lusk, distinguished professor and department head of agricultural economics at Purdue and collaborator on the index.
Read more on: The Pig Site

Chad Hart, Iowa State University
With schools and coffee shops closed, Illinois dairy farmers face tough choices in an economy battered by coronavirus
By: Chicago Tribune - April 16, 2020
“The agricultural economy is faring better than other sectors, but that’s also because the agricultural economy was under pressures before COVID-19,” said Chad Hart, associate professor of economics and a crop markets specialist at Iowa State University.
Read more on: Chicago Tribune

Alan Ker, University of Guelph
Economists say farmers will likely be OK during COVID
By: The Western Producer - May 21, 2020
“Governments have the option to deal with black swan (unpredictable) events as they arise,” write Alan Ker of the University of Guelph and Ryan Cardwell of the University of Manitoba in the special edition’s introduction.
Read more on: The Western Producer

Trey Malone, Michigan State University

Amitrajeet Batabyal, Rochester Institute of Technology
Weathering a downturn: Some lessons learned
By: Rochester Business Journal - May 5, 2020
Keeping the small businesses solvent during a catastrophic downturn — such as the one caused by the coronavirus pandemic — is far more important than trying to prop them back up in the wake of the storm, according to Amit Batabyal, a professor of economics at Rochester Institute of Technology.
Read more on: Rochester Business Journal

John Bovay, Virginia Tech
Virus report by Virginia Tech finds initial impact on farmers ominous
By: The Gazette-Virginian - May 17, 2020
“Another widely discussed example of a similar problem is how school closures have led to substantially reduced demand for milk,” said Dr. John Bovay, assistant professor in the CALS department. “Different distribution channels and different packaging requirements are an important consideration here.”
Read more on: The Gazette-Virginian

Glynn Tonsor, Kansas State University
Beef bottleneck pushes producers into critical decisions
By: Hays Post - May 15, 2020
The COVID-19 pandemic has slowed Kansas’ beef supply chain to as much as 40 percent capacity, though the state has rebounded in recent days, according to K-State agricultural economist Glynn Tonsor.
Read more on: Hays Post

Bradley Lubben, University of Nebraska-Lincoln
Extension Risk Management Education Center awards grants
By: Star Herald - May 15, 2020
“This funding will be used to develop and implement educational programming for agricultural producers addressing production, financial, legal, human, and marketing risk,” said Brad Lubben, NCERMEC program director. In addition to these ERME grants, four projects were each awarded up to $3,000 to explore needs and develop plans for future programming.
Read more on: Star Herald

Andrew Stevens, University of Wisconsin

Scott Brown, University of Missouri
Farmers facing tough economic recovery as states reopen
By: KRCG - May 18, 2020
"The good news here is we’re beginning to see slaughter numbers over the last few days return closer to normal," Scott Brown, Mizzou agricultural economics professor said. "So, I’m hoping we’re starting to come out of the worst of the situation."
Read more on: KRCG

See other Member in the News items
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