Monday, February 20, 2023

Members in the News: February 20, 2923


*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.

David Anderson, Texas A&M University
David Ortega, Michigan State University

The Hidden Price of Eggs: How High Costs May Trickle Into Other Foods?

By: CNBC - February 10, 2023

“It’s part of why prices are higher across all kinds of foods. Eggs are likely also propping up the costs of dining out, to the extent restaurants use eggs as an ingredient in their dishes.”

“It’s an acute supply shock,” David Ortega, associate professor in the Department of Agricultural, Food and Resource Economics at Michigan State University, said of bird flu. Wholesale prices have fallen by over 50% from their December peak, but it takes a while for those price dynamics to reach consumers."

Read More On: CNBC

Jane Kolodinsky, University of Vermont
Matthew MacLachlan, USDA, Economic Resaerch Service
Michael Adjemian, University of Georgia
David Ortega, Michigan State University

The Complicated Nature of Today’s Inflation

By: Cfare - February 13, 2023

“Food prices in the United States are high and rising. Following a trend that began during the COVID-pandemic and continues today, food prices are increasing at a faster pace than prices for other goods and services. The price of food is typically relatively more volatile for several reasons, including limited scope for food producers to adjust production capacity in the short run, so recent inflation readings are not entirely surprising; on several occasions since Great Recession, food price inflation exceeded inflation for other goods and services, as well.”

Read More On: Cfare

Jayson Lusk, Purdue University

The Retreat From Globalism
- By: Spiked - February 12, 2023

Purdue study: Food Spending Habits Curtailed"
- By: Inside Indiana Business - February 12, 2023

James MacDonald, University of Maryland

"Legal Tug of War Over Rebate Programs Continued

By: Successful Farming - February 13, 2023

“This loyalty program is reminiscent of practices in pharmaceuticals, where the makers of drugs coming off patent would pay generic makers to stay out of the market. The government, via a different regulator, could also tinker with patent policy, shortening patent life, or making it easier to make generics.”

Read More: Successful Farming

Bill Ridley, University of Illinois at Urbana-Champaign

How United States Cotton Exports Are Shifting In Response To Competition and Trade Policy

By: Seed Today - February 6, 2023

As recently as the early 2000s, Brazil was only a minor player in the cotton market, and now they are the second largest exporter in the world. Brazil's cotton production is more than three times higher than it used to be, with a large expansion in land area devoted to cotton. It is also a trend more broadly with Brazil's agricultural sectors, they've become much more trade oriented. Almost overnight, they became a major player in the cotton sector.”

Read More on: Seed Today, Morning Ag Clips or

Pei Zhou, Pennsylvania State University

Recalls of Fresh Meat Products May Lower Customer Demand

By: Morning Ag Clips - February 13, 2023

“Government agencies and food companies could take action to prevent recalls by, for example, increasing the mandatory inspection of fresh meat products prior to food distribution. They could also reduce recall scales and respond quickly by developing standard regulations, guides and procedures for recalling — especially for frequently recalled foods.”

Read more on:
Morning Ag Clips

Gary Schnitkey, University of Illinois at Urbana-Champaign

Better Budgets Now, Fewer Surprises Later
- By: Illinois Farmer Today - February 6, 2023

"Food Costs Continue to Rise in 2023"
- By: KMCH - February 5, 2023

Maria Gerveni, University of Illinois at Urbana-Champaign
Scott Irwin, University of Illinois at Urbana-Champaign

Biodiesel and Renewable Diesel: What’s the Difference?”

By: - February 6, 2023

“Biomass-based diesel has long played an important role in compliance with the U.S. Renewable Fuels (RFS) mandates. The two main types of biomass-based diesel fuels used to comply with the RFS mandates are “biodiesel” and “renewable diesel.” Historically, biodiesel production has substantially outpaced renewable diesel production.  This began to change in recent years due to a boom in building out renewable diesel production capacity. The boom has been large enough to have a substantial impact on the price of fats and oils feedstocks used to produce biomass-based diesel.”

Read More:

Amit Batabyal, Rochester Institute of Technology

Why Is Europe More Egalitarian Than the United States

By: Rochester Business Journal - February 20, 2023

“There is no denying the fact that the top 1 percent of the income distribution in the United States (US) has done very well for itself in the last four decades. The corresponding fact that the bottom 20 percent has not done remotely as well as the top 1 percent grates on a lot of Americans.”

Read More: Rochester Business Journal

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

Can Legal Weed Win?”

By: Cannabis Business Times - February 13, 2023

“It’s fair to say they’re thinking about them. But particularly the first movers didn’t think thoroughly enough. Going back six, seven years in California and even before, we were saying, "Look, you’ve got an established market—that's the illegal market—it's been around forever.”

“There seems to be some preference for local everything among some higher-end consumers. So, there are not very well-established patterns yet about recognition of local regions as being the best for legal weed. I think there might be more potential for some subregion of some area where there’s special growing conditions, and it's outdoor grown.”

Read More: Cannabis Business Times

Charles Martinez, University of Tennessee
Christopher Boyer, University of Tennessee

"Beef Price Spread Relationship with Processing Capacity Utilization”

By: Perishable News - February 15, 2023

“We find bidirectional causality between weekly slaughter capacity utilization, Saturday slaughter capacity utilization, and the live cattle to box beef price spread over the entire study period. However, additional analysis indicates these causal relationships depend on the price spread. This study does not find statistical evidence that changes in weekly, or Saturday slaughter capacity utilization impacts the price spread.“

Read more on: Perishable News

Jeffrey M. Perloff, University of California, Berkeley

Study Finds Affordable Care Act Helps Agricultural Workers Get Better Medical Care, and Avoid the ER

By: Medical Press - February 12, 2023

“More than 2.5 million agricultural workers help maintain the United States' abundant food supply. They play a vital role in the economy, but their job is hard and often dangerous.”

Read More On: Medical Press

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

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