Monday, August 29, 2022

Members in the News: Goldstein, Sumner, Gundersen, Irwin, Belasco, Kuethe, Batabyal, Liu, Ramsey, Kolodinsky, Zhang, Briggeman, Muhammad, et al.

*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.

Robin Goldstein, University of California, Davis
Daniel Sumner, University of California, Davis

How big will legal weed get? 2 factors limit market size, even if US legalizes cannabis.

By: USA Today  - July 26, 2022

Even in volatile economic times, weed industry analysts and pundits are bullish about the future of legal weed. Predictions of an American legal weed industry with total retail sales as high as $100 billion by the end of this decade abound. How realistic are such numbers?

Read more on: USA Today

Craig Gundersen, Baylor University

White House Conference Raises Hopes, Concerns

By: Food Bank News - August 22, 2022

The distinction between food and nutrition insecurity is a matter of deep concern for Craig Gundersen, Snee Family Endowed Chair at the Baylor Collaborative on Hunger and Poverty. He believes it would be a mistake to limit the autonomy that SNAP allows participants in making food purchases. “SNAP is a successful program,” he said. If restrictions are imposed, “it will no longer be a successful program.”

Read more on: Food Bank News

Scott Irwin, University of Illinois at Urbana-Champaign

3 Big Things Today, August 17, 2022

By: Successful Farming - August 17, 2022

Corn and soybeans in the two largest producing states in the U.S. are a mixed bag in terms of quality so far with lush, green plants in Iowa and gray and short crops in Illinois, said Scott Irwin, an agricultural economist from the University of Illinois at Urbana-Champaign, who recently went on a road trip across the region.

Read more on: Successful Farming

Eric Belasco, Montana State University

  • Crop insurance cap could save billions - NSAC
    By: Successful Farming - July 20, 2022
  • As farm bill renewal approaches Montana ag groups debate where the money should go
    By: Bozeman Daily Chronicle - August 6, 2022

Todd Kuethe, Purdue University

Amitrajeet Batabyal, Rochester Institute of Technology

Interview with Amitrajeet Batabyal on NHK

By: NHK - August 1, 2022

Read more on: NHK via Google Photos
Interview begins at 4 minutes and 25 seconds.

Yong Liu, Texas A&M University
Ford Ramsey, Virginia Tech
American Journal of Agricultural Economics

A Case For Making Crop Insurance Rates More Accurate

By: Cotton Farming - August 1, 2022

The study “Incorporating historical weather information in crop insurance rating,” authored by Yong Liu, Ph.D., a Texas A&M AgriLife Research agricultural economist and assistant professor in the Texas A&M Department of Agricultural Economics, Bryan-College Station, was recently published online in the American Journal of Agricultural Economics.

It was co-authored by Ford Ramsey, Department of Agricultural and Applied Economics, Virginia Tech.

Read more on: Cotton Farming

Jane Kolodinsky, University of Vermont

Bartering Helps Vermonters Cope With Inflation While Building 'Networks of Trust' 

By: Seven Days - August 17, 2022

Bartering can help individuals and rural communities build resiliency outside the money economy during trying times, said Jane Kolodinsky, director of the Center for Rural Studies at the University of Vermont. Kolodinsky, who studies the ways rural communities adjust to adversity, said bartering is a potent tool: "If you're just on the edge, it might keep you on the good edge instead of falling off the cliff." In addition, bartering is by nature a highly local practice and can promote networks of trust, she said.

Read more on: Seven Days

Wendong Zhang, Cornell University

  • Extreme Drought, Floods Wreak Havoc on US Farmland, Tripling Unplanted Acreage: Government Report
    By: Sputnik - August 23, 2022
  • Farmland prices soar, making it even harder for young farmers to break in and grow
    By: KOSU - August 24, 2022

Brian Briggeman, Kansas State University

Economist says farmers should evaluate U.S. economy before finalizing risk management

By: Brownfield Ag News & WCMY - August 19, 2022

Brian Briggeman is with K-State University. “You can you look at this macroeconomy and what I would paint a picture for is a lot of uncertainty and a lot of challenges.  You have to stay with those fundamentals. Don’t think there is something else out there to get me through it.  “It’s really about getting back to the basics.”

Read more on: Brownfield Ag News & WCMY

Andrew Muhammad, University of Tennessee

UT Ag professor appointed by President Biden to serve on Climate Change Subcommittee

By: The Rogersville Review - July 23, 2022

“I look forward to serving on the BIFAD subcommittee, working with industry leaders, scientists and academics to deliver applicable solutions to climate and environmental issues affecting agriculture and food systems globally,” said Muhammad. “It is an honor to have been selected, and I am excited about this opportunity.”

Read more on: The Rogersville Review

John Anderson, University of Arkansas
Alvaro Durand-Morat, University of Arkansas
Patrick Westhoff, University of Missouri

Arkansas economists’ International Rice Baseline Report contributes to U.S. Farm Bill research 

By: Stuttgart Daily Leader - July 22, 2022

Behind the scenes of the Super Bowl of United States agricultural policy — the Farm Bill — agricultural economists with the Arkansas Agricultural Experiment Station contribute comprehensive information on the global rice market called the International Rice Baseline Report.

Read more on: Stuttgart Daily Leader

Patrick Westhoff, University of Missouri

Biology suggests likelihood of higher 2023 cattle prices, including in Missouri

By: Columbia Daily Tribune - August 7, 2022

To understand markets for cattle and beef, it is important to remember a few simple things. Cows have calves. Calves grow up to become animals ready for slaughter, and the whole process takes time. This basic biology provides some clues for how cattle markets may evolve.

Read more on: Columbia Daily Tribune

Marc Bellemare, University of Minnesota
Jeffrey Bloem, USDA-ERS
Applied Economic Perspectives and Policy

Diversity, Equity, Inclusion, and Belonging in Agricultural and Applied Economics

By: Seed Daily, Manhattan Week, & One News Page - August 11, 2022

In the new article "The Contribution of the Online Agricultural and Resource Economics Seminar to Diversity, Equity, Inclusion, and Belonging in Agricultural and Applied Economics," published in the journal Applied Economic Perspectives & Policy, Marc Bellemare, from the University of Minnesota, and Jeffrey Bloem, from the USDA Economic Research Service, reflect on how well the Online Agricultural and Resource Economics Seminar has achieved its goals of promoting diversity, equity, inclusion, and belonging.

Read more on: Seed Daily, Manhattan Week, & One News Page

Daniel O’Brien, Kansas State University

Dip in grain prices may linger but prices could strengthen

By: High Plains Journal - July 29, 2022

During a recent Winning the Game grain marketing webinar, Kansas State University Extension Agricultural Economist Dan O’Brien and Kansas Farm Bureau Director of Commodities Mark Nelson spoke about the challenges farmers face and the potential pricing opportunities that remain in the final five months of year.

Read more on: High Plains Journal

Todd Kuethe, Purdue University
James Mintert, Purdue University

Indiana farmland prices soar to record highs in 2022

By: The Tribune & KPC News - August 12, 2022

“Multiple factors are influencing the increase in farmland prices, including positive net farm incomes, relatively strong commodity prices, inflation, and high farmer liquidity,” said Todd H. Kuethe, Purdue associate professor and the Schrader Endowed Chair in Farmland Economics and survey author. “However, rising interest rates are associated with increased costs of borrowing, which put downward pressure on purchases financed through mortgages.”

For more in-depth analysis on the survey, the Purdue Center for Commercial Agriculture will host a free webinar 1-2 p.m. Aug. 24. 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 2022 corn and soybean crops, and make projections for 2023 corn and soybean returns.

Read more on: The Tribune & KPC News

 Know another AAEA Member who has made statewide, national, or international news? Send a link of the article to Jessica Weister at

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