Jayson Lusk, Purdue University What to do if your favorite grocery items are out of stock or too expensive By: TODAY - January 26, 2022 Jayson L. Lusk, a distinguished professor and head of the Department of Agricultural Economics at Purdue University told TODAY Food that according to data from IRI items in the bakery category and refrigerated dough will be difficult to find right now. "The supply chain issues that have been leading to food prices increases and that are hampering food supplies are continuing," he said. "On top of that, the omicron variant is leading to rapid rise in COVID cases across the country, and workers in food processing, distribution and retail calling in sick have hindered the ability to keep shelves full of all items in some locations." (Continued...) David Ortega, Michigan State University Why most Americans see the rise in food prices more than they feel it By: Quartz - January 13, 2022 "That said, higher food prices will be felt by many Americans. Their impact will depend on income and consumption choices, said David Ortega, an agricultural economist at Michigan State University, over email. (For instance, a diet consisting mainly of hot dogs, cheese, tea, and wine, will have had a slight price decrease over the course of 2021.)” (Continued...) Wendong Zhang, Iowa State University Think your home value is soaring? Talk to a farmer By: ABC News, VOA, & Wisconsin State Farmer - January 21, 2022 “I’m definitely surprised by the magnitude,” said Wendong Zhang, an economist at Iowa State University who oversees an annual farmland value survey. Dan Sumner, an agricultural economist at the University of California-Davis, credits some of the rising value in switching to higher-value crops, such as replacing alfalfa with nut trees. (Continued...) Eric Belasco, Montana State University Partner Projects Seek to Lower The Risk of Climate Disruption on Farms By: Successful Farming - January 25, 2022 “This project will utilize a diverse team, including climate hub personnel, extension faculty, agricultural economists, graduate students, and two climate hub fellows to develop and implement improved extension materials for communicating these growing risks associated with extreme weather and climate change,” Dr. Eric Belasco, professor of Agricultural Economics at Montana State University and co-project director says. “For example, the expanding use of a unique kind of insurance called the Pasture, Rangeland and Forage Rainfall Index (PRF) has been an increasingly important product for livestock producers,” said Dr. Tina Saitone, Associate Cooperative Extensions Specialist, with UC-Davis and rangeland systems expert. “This ‘index’ insurance insures against forage losses based on a complicated formula related to independent rainfall-index measurements, and it is not simple to understand how best to optimize its use in livestock-production risks.” (Continued...) Gary Schnitkey, University of Illinois at Urbana-Champaign 2022 Could Be Profitable Despite Skyrocketing Input Costs By: Successful Farming - January 26, 2022 When it comes to those inputs levels, Schnitkey says, “That is just reality and it’s going to raise our break-even levels.” Still, he says, “Right now, if we’re looking at prices for fall delivery, it could be a profitable year.” (Continued...) Brian Whitacre, Oklahoma State University Millions of eligible Americans are missing out on broadband internet subsidies By: Marketplace - January 24, 2022 “We try to push more for newspaper advertising, television advertising, you know some churches, maybe some nonprofits that work directly with lower income folks, we could have them spread the word,” said Brian Whitacre, a professor specializing in rural economic development at Oklahoma State University. (Continued...) Patrick Westhoff, University of Missouri Food price inflation is driven by more than supply chain problems By: Yahoo Finance - January 23, 2022 Food price inflation was higher in 2021 than in any year since 2008. The December consumer price index (CPI) for food was up 6.3 percent from the same month in the previous year. Meat prices led the way, with beef prices up a remarkable 18.6 percent. (Continued...) Titus Awokuse, Michigan State University Which Drugs Will Survive Climate Change? We Investigated. By: Vice News - January 24, 2022 “U.S. consumers should expect much more expensive and lower-quality coffee because of rising temperatures, extreme rainfalls, and higher frequency of severe droughts,” Titus O. Awokuse, who chairs the department of agricultural, food and resource economics at Michigan State University, recently told the LA Times. (Continued...) Ariel Ortiz-Bobea, Cornell University U.S. corn production is booming—but not for the reasons scientists hoped By: National Geographic - January 24, 2022 But “it’s a short-lived celebration,” says Ariel Ortiz-Bobea, a climate and agricultural economist at Cornell University. The hotter it gets, the less effective that natural air conditioning is. And the overall effect depends on the availability of copious irrigation water—which in many Corn Belt states, including Nebraska, comes from the dwindling Ogallala aquifer. It’s highly possible the irrigation patterns may have to change as that resource disappears. (Continued...) Daniel Tregeagle, North Carolina State University Fertilizer Price Spike Highest Since Great Recession By: Citrus Industry - January 17, 2022 During January’s Southeast Regional Fruit & Vegetable Conference in Savannah, Georgia, Daniel Tregeagle, an Extension economist with North Carolina State University, gave a presentation on economic and regulatory trends impacting citrus and specialty crop growers. (Continued...) Jeffrey Dorfman, University of Georgia Georgia Ag Forecast event prepares growers for upcoming season By: Vegetable Growers News - January 18, 2022 UGA faculty and UGA Extension experts share the latest research and information at the seminar to aid producers and agribusinesses in Georgia’s top industry. Economists from the UGA College of Agricultural and Environmental Sciences (CAES) will provide an outlook of agricultural markets for the coming year and keynote speakers will focus on important and trending topics. (Continued...) Amitrajeet Batabyal, Rochester Institute of Technology “States must assist those negatively affected by trade” By: La Mañana - January 21, 2022 Free trade with China has benefited American consumers who have been able to purchase a broader range of products at relatively low cost. In certain stores in the United States, such as Walmart, a large number of the items available for sale, such as textiles, are made in China. (Continued...) Wendong Zhang, Iowa State University Foreign interests keep buying US acreage with focus on Southwest By: Agri-Pulse - January 26, 2022 Foreign holdings of U.S. land increased by 2.4 million acres in 2020, with 40% of the growth occurring in just three states, Oklahoma, Texas and Colorado, according to a new Agriculture Department report. But these holdings are still a relatively small share of U.S. farmland. (Continued...) Sean Cash, Tufts University Food labeling is lacking in online grocery retailers By: Science Daily - January 20, 2022 "Our findings highlight the current failure of both regulations and industry practice to provide a consistent environment in which online consumers can access information that is required in conventional stores," said study author Sean Cash, the Bergstrom Foundation Professor in Global Nutrition at the Friedman School. "With the expectation that online grocery sales could top $100 billion for 2021, the requirements to provide consumers with information need to keep up with the evolving marketplace." (Continued...) Ted Loch-Temzelides, Rice University Black and Hispanic communities bore disproportionate share of Texas’ early Covid deaths By: Mirage News, Science Magazine, Houston Chronicle, & San Antonio Express-News - January 24, 2022 “The economic costs associated with COVID-19 mortality are large,” said Rice economist Ted Loch-Temzelides , a study co-author and the George and Cynthia Mitchell Chair in Sustainable Development. “Some of Houston’s most vulnerable communities have been experiencing a disproportionately high fraction of these losses.” (Continued...) Vincent Smith, Montana State University As food prices climb, here’s how farmers have fared By: Market Watch - January 24, 2022 Food prices are going up. According to the Bureau of Labor Statistics, consumers are paying about 6.5% more for a grocery food basket and for fast food and restaurant meals compared to a year ago. This is not substantially different from the 7% increase in the average prices paid by consumers for all commodities. (Continued...) Benjamin Brown, University of Missouri
Zoë Plakias, The Ohio State University California marijuana growers can't take much to the bank By: Phys.org & Morning Ag Clips - January 19, 2022 "We need a better understanding of the economics of this industry and all of the questions and implications related to it so the impacts of policy choices are intentional," said lead study author Zoë Plakias, assistant professor of agricultural, environmental and development economics at The Ohio State University. These benefits are presumed to be spillover effects of better overall economic health that followed cannabis legalization in specific counties, Jodlowski said, because the interviews with financial institutions indicated there has been little appetite among banks to associate with the marijuana industry. (Continued...) Steven Klose, Texas A&M University Crop prices are high, but costly fertilizer will squeeze farmers’ profits By: Texas Standard - January 20, 2022 Steven Klose, a professor and Extension Economist at the Texas A&M AgriLife Extension Service in the Department of Agricultural Economics, spoke to the Texas Standard about the factors behind the high prices, and when producers can expect relief. (Continued...) Joe Outlaw, Texas A&M University Corn growers: Tariffs will spike nitrogen fertilizer costs By: High Plains Journal - January 25, 2022 Joe Outlaw, a professor and Extension economist in the department of agriculture economics and lead author of the report, analyzed the findings at the request of 21 state corn grower association that paid for the report. They believe it supports the belief that if tariffs are granted for nitrogen fertilizer it will only make a bad situation much worse. The National Corn Growers Association hosted a media update Jan. 12. Outlaw noted input costs do increase or decrease for any number of reasons but for corn farmers they tend to be tied to farm income. Schutte said Patrick Westhoff, director of the Food and Agricultural Policy Research Institute at the University of Missouri, told growers at a recent NCGA conference that he believes they will reduce fertilizer applications and that will translate into reduction of at least 2 bushels per acre. Economists and consumers are already concerned about supply chain shortages and the Missouri farmer says tight corn supplies will only worsen next year if farmers reduce acreage or trim expenses needed to boost yields. (Continued...) Jonathan Malacarne, University of Maine Mainers’ physical and mental health has gotten worse during the COVID-19 pandemic By: Bangor Daily News - January 20, 2022 “Hopefully, we can take the data that we have and use it to design policies that are automatic, and policies that are easy to use and that are accessible with no stigma,” said Jonathan Malacarne, a professor of agricultural economics at the University of Maine who worked on the study. “So that when things happen — because things will always continue to happen — people can rely on them and it’s already built into their strategy.” (Continued...) Ian Sheldon, The Ohio State University The U.S.'s Power-Based Bargaining and the WTO: Has Anything Really Been Gained? By: The Luxury Chronicle, Manhattan Week, Next Wave Group, Business Class News, One News Page, Sangri Times, Seed Daily, Magazines Today, Grant News, News Blaze, & Benzinga - January 24, 2022 In the new article "The US's Power-Based Bargaining and the WTO: Has Anything Really Been Gained?" published in Applied Economic Perspectives & Policy, Ian Sheldon from The Ohio State University analyzees what has driven the United States to adopt a "power-based" approach to trade negotiations with China. (Continued...) |
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