Tuesday, September 7, 2021

Members in the News: Batabyal, Glauber, Dall’Erba, Martinez, Plakias, O’Hara, Woods, Thilmany, Jablonski, Edmondson, Segovia, Valdivia, McCarl, et al.

Amitrajeet Batabyal, Rochester Institute of Technology

Microeconomics explains why people can never have enough of what they want and how that influences policies

By: The Conversation - August 31, 2021

Economics is broadly divided into macroeconomics and microeconomics. The big picture, macroeconomics, concentrates on the behavior of a national or a regional economy as a whole: the totals of goods and services, unemployment and prices.

Read more on: The Conversation

Joseph Glauber, IFPRI

Sandy Dall'Erba, University of Illinois at Urbana-Champaign

Study Proposes New Ways to Estimate Climate Change Impacts on Agriculture

By: Environmental News Network - August 23, 2021

“If you pay attention to forecasts of how the climate will affect U.S. agriculture, the results are completely different. Some scientists predict it's going to have a positive impact for the nation in the long run, some report it's going to have a negative impact,” says study co-author Sandy Dall’Erba, professor in the Department of Agricultural and Consumer Economics (ACE) and director of the Center for Climate, Regional, Environmental and Trade Economics (CREATE) at U of I.

Read more on: Environmental News Network

Charley Martinez, University of Tennessee

Farming Fundamentals geared toward educating new and beginning farmers

By: Co-op - August 31, 2021

Not everyone who farms started out on a farm. Some are one, two or even three generations removed from life on the land, but they aspire to live a rural life and work a farm to support themselves and their family. To address this growing trend in Tennessee, University of Tennessee Extension has expanded the role of Charley Martinez, an assistant professor and Extension specialist in the Department of Agricultural and Resource Economics.

Read more on: Co-op

Zoë Plakias, The Ohio State University
Jeffrey O’Hara, USDA - Agricultural Marketing Service
Timothy Woods, University of Kentucky
Dawn Thilmany, Colorado State University
Rebecca Jablonski, Colorado State University
Hailey Edmondson, Colorado State University

The buy local boom of the pandemic bottoms out in 2021

By: Farm and Dairy - September 1, 2021

The Consumer Food Insights survey was born out of a joint project between Colorado State University, Pennsylvania State University’s Northeast Regional Center for Rural Development, the U.S. Department of Agriculture’s Agricultural Marketing Service and the University of Kentucky looking into the local food system’s response to COVID.

“There are lots of pressures [consumers] are facing,” said Zoë Plakias, assistant professor in Ohio State University’s department of agricultural, environmental and development economics. She studies U.S. supply chains and food systems, with a focus on short supply chains, direct marketing and local foods.

Read more on: Farm and Diary

Michelle Segovia, University of Missouri
Corinne Valdivia, University of Missouri

University of Missouri plays crucial role in new NSF artificial intelligence institute

By: Mirage - July 30, 2021

MU’s team, including Segovia and Corinne Valdivia, will conduct surveys, participatory workshops and economic experiments to identify the social, behavioral and business catalysts, and barriers to adoption of the digital twins. Insights gained from these efforts will directly inform the development and deployment of the technology, providing crucial information about the values, concerns and practices of decision makers – i.e. farmers, consumers, and other stakeholders – resulting in digital twins innovations that are salient, trusted and actionable.

Read more on: Mirage

Bruce McCarl, Texas A&M University

'Volatility Is Opportunity': How The Agriculture Sector Is Responding Positively To Climate Change

By: Markets Insider - July 29, 2021

University Professor in the department of agricultural economics at Texas A&M University Bruce McCarl agreed. Some of his research has found that climate change has caused crop production to expand in much of the U.S. The Dakotas, for instance, have tripled their corn production in recent years. The states hit hardest by climate change are already warm.

Read more on: Markets Insider

Glynn Tonsor, Kansas State University

Senate hearing elicits critical facts and logic

By: Canadian Cattlemen - August 27, 2021

Glynn Tonsor, PhD, Kansas State agricultural economics professor, provided perspective, reminding folks that the beef supply chain is very complex, is constantly evolving and that not all the players accept all the evolutions.

Read more on: Canadian Cattlemen

James Mintert, Purdue University

  • Crop report takeaway: 'Indiana crop production doing very well'
    By: AgriNews, AgriMarketing, & Hoosier Ag Today - August 29, 2021
  • As producer sentiment holds steady, farmers weigh in on rising input prices and farmland values
    By: WBIW - August 3, 2021

Luis Ribera, Texas A&M University
Bart Fischer, Texas A&M University
Oral Capps,
Texas A&M University

Food availability depends on agricultural imports and exports

By: Southwest Farm Press - August 6, 2021

Economic activity related to the importation and exportation of agricultural products benefits consumers and helps stimulate both the Texas and U.S. economy, according to experts from the Department of Agricultural Economics in the Texas A&M College of Agriculture and Life Sciences. 

Read more on: Southwest Farm Press

Richard Sexton, University of California, Davis

No Prop 12 delay as state's pork prices set to rise

By: Western Farm Press - August 30, 2021

“The roughly 9% of North American sows affected will each get about 20% more housing space," noted coauthor Richard Sexton, a UC Davis professor of agricultural and resource economics. "But, the additional space will be for those sows that already have more space, not those confined in small individual stalls.”

Read more on: Western Farm Press

Joseph Outlaw, Texas A&M University

New webinar: Exploring farmers' climate-smart tools

By: Morning Ag Clips - August 30, 2021

This Agri-Pulse webinar will document some of the progress that has been made in developing a systems approach to water conservation, discuss barriers to adoption, and provide data on how on-farm profitability is impacted. Speakers include:

  • Joe Outlaw, Ph.D., regents fellow, professor and extension economist in the Department of Agricultural Economics at Texas A&M University

Read more on: Morning Ag Clips

Barry Goodwin, North Carolina State University

Why California’s new pork rules could mean big changes for Minnesota hog farmers

By: MinnPost - August 6, 2021

A report on the economic impact of Prop 12 by Barry Goodwin, a professor at North Carolina State University specializing in agricultural economics, describes the new space requirements as not backed by animal science.

Read more on: MinnPost

Carson Reeling, Purdue University

With Dynamic Lotteries, You Get What You Need

By: Indiana Ag Connection - August 5, 2021

"Most of the time, price dictates who gets an in-demand item, but we can all agree there are certain resources that shouldn't simply go to the highest bidder," said Carson Reeling, an associate professor of agricultural economics at Purdue University who led the study. "A dynamic lottery levels the playing field, but still sorts out who values a resource the most. It also, according to our study, improved the well-being of the participants relative to other non-price means of allocating resources."

Read more on: Indiana Ag Connection

Bart Fischer, Texas A&M University
Joseph Outlaw, Texas A&M University

Potential impact of inheritance legislation on family farms

By: Wisconsin State Farmer - August 2, 2021

“Senator John Boozman, ranking member of the Senate Committee on Agriculture, Nutrition and Forestry, and Representative G.T. Thompson, ranking member of the House Committee on Agriculture, asked the Agricultural and Food Policy Center to examine what impact these proposals would have on farmers and ranchers,” said Bart Fischer, Ph.D., co-director of AFPC.

“Agricultural producers are extraordinarily sensitive to changes in stepped-up basis and estate taxes because much of their net worth is traditionally comprised of land and equipment,” said Joe Outlaw, Ph.D., co-director of AFPC and primary report author.

Read more on: Wisconsin State Farmer

Gary Schnitkey, University of Illinois at Urbana-Champaign

Stress Testing an Illinois Grain Farm

By: KMA Land - August 29, 2021

The breakeven prices, by the way, are calculated at $4.41 for corn and $10.23 for soybeans at trend yield. Those breakeven cash prices are higher than in the past says Schnitkey because non-land costs have gone up by about $100 per acre since 2014 for corn and 50 bucks for soybeans. Should the corn and soybean market move back to 2014 to 2019 price levels, $3.64 for corn on average and $9.91 for soybeans, then things turn really ugly says Schnitkey. For comparison, the average net income on the farm during that period was $25 per acre.

Read more on: KMA Land

Chengzheng Yu, University of Illinois at Urbana-Champaign
Madhu Khanna, University of Illinois at Urbana-Champaign
Ruiqing Miao, Auburn University

US corn and soybean maladapted to climate variations, study shows

By: Effingham Daily News - August 24, 2021

Yu, Khanna, and co-author Ruiqing Miao, Auburn University, studied corn and soybean yield from 1951 to 2017 in the eastern part of the U.S., an area where crops can grow without irrigation. Crop yield increased significantly during this period due to a wide range of technological and breeding improvements. But when the researchers isolated the effect of climate-related adaptations, they found significant negative impacts on yield.

Read more on: Effingham Daily News

Matthew Stockton, University of Nebraska-Lincoln
Jay Parsons, University of Nebraska-Lincoln

UNL hosting weaning webinar Thursday

By: The North Platte Telegraph - July 31, 2021

Panelists will include Karla Wilke, a cow/calf specialist in the university’s Department of Animal Science; Randy Saner, a beef systems educator with Nebraska Extension; Matt Stockton, an agricultural economics specialist with Nebraska Extension; and Jay Parsons, a farm and ranch management specialist in the Department of Agricultural Economics.

Read more on: The North Platte Telegraph

Cicely Batie, University of Nebraska-Lincoln

Nebraska Department of Agriculture names Lexington native as assistant director

By: The North Platte Telegraph & KSNB - July 21, 2021

“Agriculture is not only a family tradition; it’s become my professional passion. I’m excited to be a part of the Nebraska Department of Agriculture in my home state where agriculture is our No. 1 industry,” Batie said. “I look forward to learning more about the great work the department does for Nebraska’s farmers and ranchers and to help capitalize on the many opportunities we have to promote and engage with the agriculture industry.”

Read more on: The North Platte Telegraph & KSNB

Todd Kuethe, Purdue University
James Mintert, Purdue University

Indiana farmland prices hit record high in 2021

By: Dubois County Herald - August 3, 2021

“A unique combination of economic forces including net farm income, expected income growth, crop and livestock prices, interest rates, exports, inflation, alternative investments, U.S. policy, and farmers’ liquidity, all played a major factor in the price increase we’re experiencing,” said Todd H. Kuethe, Purdue associate professor and Schrader Endowed Chair in Farmland Economics and survey author.

For more in-depth analysis on the survey, the Purdue Center for Commercial Agriculture will host a free webinar Friday, Aug. 20, from 12:30 to 1:30 p.m. ET. Join Purdue agricultural economists Todd Kuethe, James Mintert and Michael Langemeier as they break down the Purdue Farmland Values Survey and USDA Land Values report, discuss marketing strategies for 2021 corn and soybean crops, and make projections for 2022 corn and soybean returns.

Read more on: Dubois County Herald

James MacDonald, University of Maryland

Family farms find ways to meet challenges and protect agricultural heritage

By: Polk County Itemizer-Observer - August 4, 2021

There’s been a “steady shift” of production to much larger operations, said economist James MacDonald, visiting research professor at the University of Maryland in College Park, who has written extensively on family farm operations.

Read more on: Polk County Itemizer-Observer


See other Member in the News items

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