Monday, December 12, 2022

Members in the News: Sumner, Irwin, Janzen, Schnitkey, Paulson, Ferraro, Shukla, DeLong, Boyer, 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.


Daniel Sumner, University of California, Davis

California’s Drought Disaster is Turning Into an Economic Disaster: ‘It’s Unprecedented’

By: Fox Business - December 6, 2022

"Everything from the milk industry around to almonds has been effected. That has effects on the rest of the economy as well, it’s not just the farmers or the farm workers. It’s the grocery stores, all the way to the economy,"

(Continued...)
Read more on: Fox Business


Scott Irwin, University of Illinois at Urbana-Champaign
Joe Janzen, University of Illinois at Urbana-Champaign

"Tempered Expectations for 2022/23 Supply and Demand for Corn and Soybeans"

By: Farms.com - December 1, 2022

"Following the 2022 US harvest, corn and soybean prices remain at historically high levels. Nearby futures prices at the close of trade on November 28 are $6.69/bushel for corn and $14.57/bushel for soybeans. Futures prices for the 2023 crop are slightly lower at $6.11/bushel for corn and $13.94/bushel for soybeans, but these too are elevated levels in historical terms. Crop marketing, planting, and other production decisions depend crucially on these price levels."

(Continued...)
Read more on: Farms.com


Gary Schnitkey,University of Illinois Urbana-Champaign
Nick Paulson,University of Illinois Urbana-Champaign

"Fertilizer Forecasts Go Higher"

By: KMCH - November 14, 2022

“Current corn and natural gas price projections suggest anhydrous ammonia prices above $1,100 per ton in the spring of 2023. In addition, global economic conditions and supply issues could increase nitrogen fertilizer prices. However, lower prices also are possible. Given high and volatile prices, we give four risk management strategies.”

(Continued...)
Read more on: KMCH


Paul Ferraro, John Hopkins University
Pallavi Shukla, Deakin University

"Is a Credibility Crisis on the Horizon for Agricultural Economics?"

By: Benzinga - December 1, 2022

"The agricultural economics community needs to change its publication incentive structure, which prioritizes the 'publishability' of research results over the credibility of research designs."

"As a field, we can change the publication incentive structure through a range of actions. For example, journal editors and peer reviewers ought to stress research designs over novelty or magnitude of results."

(Continued...)
Read more on: Benzinga


Karen DeLong, University of Tennessee
Chris Boyer, University of Tennessee

"Research to Improve Hay Market Price Discovery, Market Transparency"

By: Wild Sage - December 2, 2022

“We expect this project will result in buyers and sellers using information such as bale weight and nutritive assessment to determine the value of hay rather than relying solely on visual attributes. Hay buyers will benefit by knowing the exact quantity and nutritive value of hay they are purchasing, which in turn should assist with managing livestock feed cost and nutrition. Sellers will also benefit by knowing the attributes hay buyers value, so they can package and market their hay appropriately.”

(Continued...)
Read more on: Wild Sage


Jeffrey Perloff, University of California, Berkeley

"The Effects of the Affordable Care Act on Seasonal Agricultural Workers"

By: Manhattan Week - December 1, 2022

"The probability a seasonal agricultural worker has health insurance rises by 11% if the worker is Medicaid-eligible and by 3% if subsidy-eligible. The Affordable Care Act included Medicaid expansion, a health insurance premium subsidy, and a tax penalty for not having insurance coverage."

(Continued...)
Read more on: Manhattan Week, Nebraska News Chanel, Fox 40


James Mintert, Purdue University

"High Input Costs and Rising Interest Rates Top Farmer Concerns"

By: Morning Ag. Clips - Decemeber 6, 2022

"Even though sentiment remained relatively unchanged in November, producers are continuing to look at their bottom line. Rising interest rates combined with high input and energy costs are creating a lot of uncertainty at the farm level.” 

(Continued...)
Read more on: Morning Ag. Clips


Spiro Stefanou, USDA Economic Research Service

"This year saw big jumps in sales receipts for most crops and livestock"

By: RFD TV - December 6, 2022

“Fairly dramatic changes here. Corn is seeing a change in terms of cash receipts up 20.1 percent, soybeans are up nearly 22 percent, cotton is up nearly 4 percent, and wheat is going to be increasing over 16 percent in cash receipts. We’re going to see dairy increasing dramatically on nearly 30 percent, cow-calf operations are up 12.1 percent, broilers are up 46 percent, and eggs are up over 100 percent,”

(Continued...)
Ream more on: RFD TV


Simon Somogyi, University of Guelph

  • "Grocery Costs To Rise By Up to 7% In 2023 As Pandemic, Russia’s War Fuel Increase, Report Says"
     By: The Globe and Mail - December 5, 2022

  • "Latest Canada Food Price Report Predicting Higher Costs at the Grocery Store"
    By: Global News - December 5, 2022

  • "Canadian Families to Spend $1000 More on Food Next Year"
    By: CHCH - December 5, 2022


Glynn Tonsor, Kansas State University

"Cost to Raise a Cow Could Top $1K, According to Kansas Economics Professor"

By: AgUpdate - December 8, 2022

“So with supply side dynamics, there are smaller calf crops and less beef, lending to higher prices if demand holds up. Be aware of broader forces, but at the end of the day – focus what you have most local interest on,”

(Continued...)
Read more on: AgUpdate


 Know another AAEA Member who has made statewide, national, or international news? Send a link of the article to Austin Sparbel at asparbel@aaea.org.

What research and topics are you working on? Want to be an expert source for journalists working on a story? Contact Allison Ware at aware@aaea.org.

 

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