Monday, February 6, 2023

Members In the News: February 6, 2023

 

Jayson Lusk, Purdue University

  • As Egg Prices Climb, Advocacy Groups and Politicians Call On FTC To Investigate Possible Price Gouging Scheme"
    By: Business Insider - January 26, 2023
  • As Spring Migration Nears, Take Steps To Protect Flocks From Bird Flu, Pa. Advises
    By: Lehigh Valley live - January 28, 2023
  • "Senator Calls For Investigation Into Egg Prices"
    By: Citizens Tribune - February 1, 2023
  • "Forget Pandemic Puppies. Meet the Inflation Chicken"
    By: Chicago Tribune - February 2, 2023

Gary Schnitkey, University of Illinois at Urbana–Champaign


Sandy Dall’erba, University of Illinois at Urbana-Champaign

"Environmental News Bits: “Prairie Research Institute Provides Millions In Direct Returns To Illinois’ Economy

By: Environmental News Bits - February 1, 2023

“The study, conducted by Sandy Dall’erba, professor in the Department of Agricultural and Consumer Economics and cofounder of the Center for Climate, Regional, Environmental and Trade Economics, identified the economic impact of PRI in 2022 values at the national, state, and county levels. PRI provides scientific research, expertise, data, and services to help policymakers, communities, companies, and individuals make sound decisions about our natural and cultural resources.”

(Continued...)
Read More: Environmental News Bits


Chad Hart, Iowa State University

“Corn, Bean Outlooks Conflicted”

By: Agri-View - January 27, 2023

“The U.S. Department of Agriculture forecasts that 87 million acres could be planted to soybeans this year, producing as much as 4.4 billion bushels. Demand has been keeping pace with supplies. Exports could dampen the market outlook, although not as dramatically as corn. In the short term, we still should be in good shape with another year of beans in the teens.”

(Continued...)
Read more on:
Agri-View


Alejandro Plastina, Iowa State University

Comparing 13 Different Carbon Programs"

By: Future of Agriculture - January 18, 2023

“I wanted to know what the differences were for these programs and I found his report titled “How to Grow and Sell Carbon Credits in US Agriculture” to be one of the best resources out there. The first thing you ought to know is there are a lot of differences between carbon programs. Alejandro and his colleagues analyzed the terms associated with 13 of these programs, and he joins me today to share from a high level some of their big takeaways.”

(Continued...)
Hear More On: Future of Agriculture


Wendong Zhang, Cornell University

  • Egg Prices Are Skyrocketing, and Egg Companies Are Making Record Profits. What Gives?
    By: WXXI - January 30, 2023
  • Here's Why a BlackRock Portfolio Manager Says You Should Buy Chickens
    By: Quartz - February 2, 2023

Maria Kalaitzandonakes, University of Illinois at Urbana–Champaign

“Ag Economists Report On How Consumers Are Coping With Rising Food Prices”

By: AgriMarketing- January 23, 2023

“Recent reports suggest that inflation is slowing down, yet consumers continue to struggle with higher food prices. Here, we review how consumers say rising food prices have impacted their decisions at the grocery store and the dinner table.”

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Read More On: AgriMarketing


Randy Fortenbery, Washington State University
Haran Bulut, National Crop Insurance Service

 “Small Grains Economist Weighs Market Factors

By: Capital Press - January 25, 2023

“That’s probably the most important thing I get, is feedback from the Washington Grain Commission and the producers themselves, to ensure that I’m trying to deliver something of value to them, based on their investment in the university program.”

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Read More: Capital Press


Jeffrey Young, Murray State University

Ky. Egg Producers Facing Disease Outbreak, Inflation Amid Price Surge

By: WKMS - January 25, 2023

“In order for egg prices to decrease the disease has to be controlled. Producers are doing everything in their power to do that. [They are] culling any infected birds as necessary and reducing flock sizes as necessary to help slow the spread of the disease. Smaller farms in the region have an advantage against HPAI because their chickens aren’t in confined areas.”

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Read more on: WKMS


Peter Orazem, Iowa State University

Why used car prices are dropping — at least for now

By: We Are Iowa - January 16, 2023

"One of the things that you have to keep in mind is interest rates have also gone up. Used car interest rates are almost always higher than new cars, for a variety of reasons. Not only that, but a potential recession is looming. As a luxury item, automobiles tend to fall faster during recessions and rise faster during upticks. A reduction in [used car] prices are probably not a good indicator for what's happening with the overall economy. They're a signal of potential problems across the board in terms of a reduction in labor demand."

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Read More On: WeAreIowa


Joe Janzen, University of Illinois at Urbana-Champaign
Hope Michelson, University of Illinois at Urbana-Champaign

ACE Graduate Student Named Farm Foundation Agricultural Scholar

By: Illinois Ag Connection - January 24, 2023

“Farm Foundation, an accelerator of practical solutions for agriculture, selects up to 15 applied or agricultural economics graduate students each year to join the Agricultural Scholars program for inspiration and training in agricultural policy, commodity market analysis, agricultural finance, and other applied fields. Events and projects are conducted throughout the year, including a mentorship with an ERS senior analyst, a research project, and ag-focused forums and meetings.”

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Read More On: Illinois Ag Connection


Steven Deller, University of Wisconsin-Madison

Most Wisconsin Businesses Think a Recession Is Coming, But It’s Still Too Early To Tell

By: Wisconsin Public Radio - January 22, 2023

“There’s pretty much a consensus that we’re going to go into a downturn, and if we do go into a recession, it’s going to be a very mild recession. There’s actually a significant number of economists who actually say, ‘No, we’re not going to go into a recession. We are going into a serious downturn. “

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Read More On: Wisconsin Public Radio


Joana Colussi, University of Illinois at Urbana-Champaign

Could Brazil Surpass U.S. As World's Top Corn Exporter?”

By: Effingham Daily News - January 30, 2023

"In 2022, Brazil exported a record amount of corn, 44 million metric tons or 1.73 billion bushels. And those sales could swell to 50 mmt (or 1.96 billion bushels) this year. China signed an agreement with Brazil to import corn. Those shipments started in November. If the pace of corn production and exports continues to grow in Brazil, could it surpass the U.S. as the world’s top exporter. Brazil could surpass the U.S. in corn exports sometime between 2024 and 2026, we’ll see. There are many factors at play.”

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Read More: Effingham Daily News


Zach Rutledge, Michigan State University

Help Needed: Continued Labor Scarcity Creates Incentives For Growers To Adjust Production Practices, Technology Use

By: Greenhouse Mag - February 1, 2023

“Workforce development and labor availability is one of the most critical issues AmericanHort’s advocacy team works to address to better meet the needs of the green industry. The 2022 Greenhouse and Nursery Labor Employment Survey was conducted in collaboration between AmericanHort and researchers from the University of California Davis and Michigan State University. The purpose of this study is to help understand the depth of labor scarcity impacting the greenhouse and nursery sectors of the green industry.

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Read More: Greenhouse Mag


David Anderson, Texas A&M University

Here’s Why So Many Grocery Store Staples Are So Expensive Right Now

By: The Press United - January 28, 2023

"The hotdog—America’s favorite summer staple—has seen prices increase by 18.2% in the last year, as lunch meats have similarly gone up by 15.1%. Much of the elevated costs for these items has to do with increased pork prices. Items like lunch meats and frankfurters also have to undergo more processing and packaging than a typical pack of pork chops. Those extra steps have costs involved that are higher than they used to be.”

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Read More: The Press United


Bruce Sherrick, University of Illinois at Urbana Champaign

High Farmland Prices Not Deterring Buyers

By: Illinois farmer Today - January 28, 2023

“Markets are incredibly rational. Going back to the beginning of the Trump administration, you had market facilitation payments and adjustments for other things. The pandemic hit other programs with low interest rates. After 2019 with high commodity prices and long-term income that looks pretty good. We had marketing conditions that were very favorable to agriculture and markets that responded appropriately.”

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Read More:
Illinois Farmer Today


Paul Mitchell, University of Wisconsin-Madison

"Outlook for Ag Is Impacted By Costs, Economic Uncertainty"

By: Wisconsin State Farmer - January 29, 2023

“After two years of strong income and increasing land values, the average farmer started 2023 in a good spot. We are no longer the national leader in farm bankruptcies. As farmers look to the future, costs for nearly everything – fuel, fertilizer, pesticide, feed, livestock, labor, etc. are rising. This will shrink margins for Ag across the board.”

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Read More: Wisconsin State Farmer


Geny Lapina, University of the Philippines

Something To ‘Cry Over"

By: Borneo Bulletin - January 31, 2023

“Our agriculture sector is significantly challenged. Every Filipino eats an average of 2.34 kilograms of onions per year and theoretically the country produces enough to meet the demand, official data shows. But since the tropical climate only allows one planting per year of the rain-averse crop, stocks are consumed or spoil well before the next harvest. The recent lifting of Covid-19 restrictions, which allowed the resumption of food-focused festivals and family gatherings for Christmas, triggered soaring demand for onions.”

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Read More: Borneo Bulletin


Mohammad Jahangir Alam, Bangladesh Agricultural University

"The Business Standard: “Less Protein Consumption By Urban-Poor May Threaten SDG Nutrition Target

By: The Business Standard - January 31, 2023

“Vulnerable communities should be brought under the social safety net and the market should be monitored strictly to prevent price manipulation. In the near past, rice was available, and at the same time, it became expensive in the market. Even rice imports failed to reduce the retail price.”

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Read More: The Business Standard


 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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