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. (Continued...) 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. (Continued...) 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. (Continued...) Zoë Plakias, The Ohio 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. (Continued...) Michelle Segovia, 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. (Continued...) 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. (Continued...) 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. (Continued...) James Mintert, Purdue University
Luis Ribera, 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. (Continued...) 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.” (Continued...) 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:
(Continued...) 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. (Continued...) 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." (Continued...) Bart Fischer, 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. (Continued...) 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. (Continued...) Chengzheng Yu, University of Illinois at Urbana-Champaign 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. (Continued...) Matthew Stockton, 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. (Continued...) 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.” (Continued...) Todd Kuethe, 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. (Continued...) 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. (Continued...) |
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