Monday, March 22, 2021

Members in the News: Smith, Belasco, Fortenbery, Rejesus, Wang, Tack, Westhoff, Tonsor, Schroeder, Lusk, MacLachlan, Chenarides, Hertel, et al.

Vincent Smith, Montana State University
Eric Belasco, Montana State University

Opinion: Bill Gates and Warren Buffett should thank American taxpayers for their profitable farmland investments

By: Market Watch - March 10, 2021

Bill Gates is now the largest owner of farmland in the U.S. having made substantial investments in at least 19 states throughout the country. He has apparently followed the advice of another wealthy investor, Warren Buffett, who in a February 24, 2014 letter to investors described farmland as an investment that has “no downside and potentially substantial upside.”

Read more on: Market Watch

T. Randall Fortenbery, Washington State University

U.S. white wheat growers cash in as China snaps up supplies

By: Reuters - March 12, 2021

“It’s a growing middle class, and their interest (is) in diversifying their diet,” said Randy Fortenbery, an agricultural economist at Washington State University.

Read more on: Reuters

Roderick Rejesus, North Carolina State University
Ruixue Wang, North Carolina State University
Jesse Tack, Kansas State University

Even Rice Bred for Heat Loses Yields at High Temps

By: Futurity, ScienMag, Science Daily, & Seed Today - March 15, 2021

A study of the relationship between temperature and yields of various rice varieties, based on 50 years of weather and rice-yield data from farms in the Philippines, suggests that warming temperatures negatively affect rice yields.

Read more on: FuturityScienMagScience Daily, & Seed Today

Patrick Westhoff, University of Missouri

Ag Market Outlook projects lower farm income in 2021

By: Farm Progress, Beef Magazine, & The Grand Island Independent - March 12, 2021

“The COVID-19 pandemic upended agricultural markets, contributing to a dismal outlook for the farm economy in the spring and summer of 2020,” said Patrick Westhoff, FAPRI director and Howard Cowden Professor of Agricultural and Applied Economics in the MU College of Agriculture, Food and Natural Resources (CAFNR).

Read more on: Farm Progress, Beef Magazine, & The Grand Island Independent 

Glynn Tonsor, Kansas State University
Ted Schroeder, Kansas State University
Jayson Lusk, Purdue University

Study reveals consumers favor beef over plant-based proteins

By: AgDaily - March 16, 2021

Those are among the key findings released by K-State agricultural economists Glynn Tonsor and Ted Schroeder in the study, Impact of New Plant-Based Protein Alternatives on U.S. Beef Demand. The study was co-authored by Jayson Lusk, a Distinguished Professor of agricultural economics at Purdue University.

Read more on: AgDaily

Matthew MacLachlan, USDA-Economic Research Service
Lauren Chenarides, Arizona State University

Grocery prices soar the most in a decade in 2020, how does 2021 look?

By: News Chant - March 13, 2021

“We saw that food prices increased on average 3.4% according to the Bureau of Labor statistics,” mentioned Matt MacLachlan, USDA Economic Research Service Economist.  

“There are a lot of costs that are involved in what drives those prices up and down,” mentioned Lauren Chenarides, assistant professor at ASU’s Morrison School of Agri-business in the W.P. Carey School of Business.

Read more on: News Chant

Thomas Hertel, Purdue University

Opinion: Growing Food and Protecting Nature Don’t Have to Conflict

By: Modern Farmer - March 11, 2021

Growing food in a sustainable, environmentally friendly way—while also producing enough of it—is among the most important challenges facing the US and the world today.

Read more on: Modern Farmer

Daniel Scheitrum, University of Arizona

Tomato Week 2021 Provides Industry Partners With The Latest Data on Tomatoes

By: Perishable News - March 16, 2021

To conclude the webinar series, Daniel Scheitrum from the University of Arizona, presented on the recently published Impact of COVID-19 on U.S. Fresh Tomato Markets ( storymap. Scheitrum focused on the one-year mark since the COVID-19 pandemic began, highlighting how the fresh tomato industry was impacted by the lockdowns and market changes that occurred throughout 2020. 

Read more on: Perishable News

Harvey James, University of Missouri
Michelle Segovia, University of Missouri

How Unconscious Biases Can Drive Foodborne Illness Outbreaks

By: Lab Manager - March 12, 2021

"Unethical behavior isn't always intentional; conflicts of interest and other unconscious motivations can lead people to behave in ways that help outbreaks emerge and spread," said Harvey James, associate director of the division of applied social sciences and a professor of agricultural and applied economics in the MU College of Agriculture, Food and Natural Resources (CAFNR).

James and Michelle Segovia, an assistant professor of agricultural and applied economics in CAFNR, were eager to apply the science of behavioral ethics to the field of food safety. Behavioral ethics examines why people make ethical and unethical decisions; to see how those choices might contribute to a foodborne disease outbreak, the researchers turned to the case of Jensen Farms.

Read more on: Lab Manager

Eric Belasco, Montana State University

Short On Cattle, Long On Losses: Easterday Had An Alleged Habit Of Big-Money Trading

By: NW News Network - March 3, 2021

Eric Belasco, a professor and ag economist at Montana State University, encourages farmers and ranchers to manage their risk by trading commodities, but warns: “The whole market is tricky. There’s a fine line between using the futures and options market to minimize risk, and then using it to speculate.”  

Read more on: NW News Network

Dawn Thilmany, Colorado State University

Colorado ranchers already had beef with Jared Polis. Then came “MeatOut Day.”

By: The Colorado Sun - March 10, 2021

“It almost feels like food has become a front line for the politicization of deeper issues,” said Dawn Thilmany McFadden, a professor of agriculture and resource economics at Colorado State University and co-director of CSU’s Regional Economic Development Institute. “Everything that’s feeling polarized about the world is now emanating through food values and food discussions.”

Read more on: The Colorado Sun

Jim Jansen, University of Nebraska-Lincoln

State's agricultural land value increases for second year

By: NTV News - March 15, 2021

“During periods of economic uncertainty, monitoring Nebraska farm and ranch real estate remains important to understanding how financial forces are impacting agricultural land markets across the state,” said Jim Jansen, an extension educator who co-authored the survey and report with Jeffrey Stokes, a professor in the Department of Agricultural Economics.

Read more on: NTV News

Jayson Lusk, Purdue University

Clinics wait to vaccinate farmworkers: ‘Our hands are tied’

By: Hawaii Tribune-Herald - March 19, 2021

“Agricultural workers are important for the security of our food supply,” Lusk said, noting that supermarket prices went up last year when COVID-19 outbreaks shut down meatpacking plants. “Making sure we have the people available to plant and harvest will make sure our grocery stores aren’t empty or our food prices don’t rise.”

Read more on: Hawaii Tribune-Herald

David Anderson, Texas A&M University

‘We’re going to lose everything’: Texas egg farm still waiting on federal aid after winter storm

By: The Dallas Morning News - March 12, 2021

Dr. David Anderson, a professor and economist in the agricultural economics department at Texas A&M University, said livestock and fruits and vegetables were hit the hardest. Freeze damage wiped out much of the state’s citrus, which could take several years to restore, and many ranchers lost calves to the cold.

Read more on: The Dallas Morning News

Brady Brewer, Purdue University

Farmers; 'Good outlook for 2021 season'

By: WTHI-TV 10 - March 12, 2021

"At the end of 2020 the USDA increased their farm income projections," said Brewer. "So we're actually above the 10 year average in terms of USDA, the farm income for the national forecast."

Read more on: WTHI-TV 10

Gary Schnitkey, University of Illinois at Urbana-Champaign

New option to crop insurance farmers need to consider

By: KTTN News - March 10, 2021

Crop insurance decisions will be critical this year. Gary Schnitkey, University of Illinois agricultural economics professor, said 93% of Illinois farmers took some form of Revenue Protection (RP) insurance last year.

Read more on: KTTN News

Tiffany Dowell Lasmet, Texas A&M University

Deadline approaching to RSVP for Hale/Swisher Crops Conference

By: My Plain View - March 12, 2021

Texas Landowner Liability and Drift Management will be presented from 11:15 a.m.-12:15 p.m. by Tiffany Lashmet, professor and extension specialist in agriculture law for the AgriLife Extension office.

Read more on: My Plain View

Robert Johansson, American Sugar Alliance
Jayson Lusk, Purdue University

Former top-level D.C. agricultural economists to speak at James C. Snyder Memorial event

By: WBIW - March 16, 2021

Ted McKinney, Matt Erickson, Rob Johansson, and Joe Balagtas, all former government economists who recently served in Washington, D.C., will participate in a panel discussion at the 2021 James C. Snyder Memorial event, presented by the Purdue University Department of Agricultural Economics.

Jayson Lusk, distinguished professor and department head of agricultural economics at Purdue, will lead the panel.

Read more on: WBIW

See other Member in the News items

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*Disclaimer - This email is to acknowledge citations of current AAEA members and/or their research in any public media channel. AAEA does not agree nor disagree with the views or attitudes of cited outside publications.

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