*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.
Rob Vos, International
Food Policy Research Institute
Joseph Glauber, International Food Policy Research
Institute
David Laborde, International Food Policy Research
Institute
"World's Food Crisis Is Far From Over Despite Crop Prices Falling"
By: Bloomberg - January 27, 2023
“After last year’s rampant food inflation, a drop in prices of goods from wheat to fertilizers is raising hopes for some respite in 2023. But multiple risks remain. Food prices will probably climb this year unless there’s major debt relief and financial support from the international community, the International Food Policy Research Institute warned this week. Agri-commodities and fertilizers are still historically expensive, while grain stockpiles remain tight just as extreme weather in places like Argentina and East Africa damages crop prospects. High costs are also hurting farm profits. It all points to a reduced outlook for foodstuffs, even if the Black Sea crop-export deal remains in place.”
(Continued...)
Read More on: Bloomberg
Amy Hagerman, Oklahoma State University
“Avian H5N1 (Bird) Flu: Why Experts Are Worried—And What You Should Know”
By: Forbes - February 8, 2023
“Egg-laying hens are more at risk. For whatever reason, turkeys and layer birds tend to be more susceptible to the virus.”
(Continued...)
Read More: Forbes
David Ortega, Michigan State University
“Super
Bowl Party Shopping: Here Are The Grocery Items To Save On—And The Prices
To Watch For”
- By: Forbes - February 5, 2023
"Eggs
Prices Drop, But The Threat From Avian Flu Isn’t Over Yet"
- By: NPR - February 6, 2023
Wendong Zhang, Cornell University
·
“Fact Check: No Link Between Bill
Gates And Chicken And Egg Shortage, Experts Say"
- By: USA Today - February 2, 2023
·
“Pro-Athletes Purchase Iowa Farmland”
- By: Successful Farming - January 19
David Ortega, Michigan
State University
David Anderson,
Texas A&M University
“The Hidden Price of Eggs: How High Costs May Trickle Into Other Foods”
By: CNBC - February 10, 2023
“It’s an acute supply shock. Wholesale prices have fallen by over 50% from their December peak, but it takes a while for those price dynamics to reach consumers."
“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."
(Continued...)
Read More On: CNBC
Brian Roe, The Ohio State University
“Can Mailing Your Kitchen Scraps To This Startup Tackle Climate Change?”
By: The Verge - February 7, 2023
“Turning [food scraps] into chicken feed will then kind of put it right back into the food system, and so you’re creating a very high-value product. Compost is lovely, but you know, it’s a low-value product.”
(Continued...)
Read More On: The Verge or Zukus
Joseph Glauber, International Food Policy Research Institute
“Max Armstrong Offers Insight On Inflation And It's Impact On Food Prices And Nutrition”
By: Farm Progress America - February 2, 2023
“Despite rising commodity labor and energy costs, the farm value of retail food prices has remained low. The post-farmgate costs really impact food inflation and what it means for hunger. Hunger has been on the rise even before COVID-19 and conflict in Ukraine. As the hunger crisis continues into 2023, he sees a rise in the costs of staples, will cause a shift to other products. Consumers will spend less on nutrient-rich foods, etc. He adds there is an inequality in consumers' ability to cope financially.”
(Continued...)
Read More: Farm Progress America
Eric Belasco, Montana State University
"Bedeviled Eggs: Bird Flu, Inflation Bump Egg Prices, Strain Supply”
By: The Bozeman Chronicle - February 1, 2023
“The magnitude of the price shocks has been pretty dramatic. Egg prices have more than doubled, jumping the most in price than any other food product in the last year. The economic explanation is that eggs are inelastic, Belasco said. Like gasoline or alcohol, there aren’t great substitutes for inelastic goods, so consumers shell out money even as prices rise. Typically, a small dip in supply of inelastic goods leads to large price increases, because consumers are willing to pay those high prices for the product. That’s what we’re seeing with eggs.”
(Continued...)
Read More: The Bozeman Chronicle
Anne Byrne, U.S. Department of Agriculture – Economic Research Service
“Food Brands Could Play A Role In Food Pantry Usage”
By: Spectrum News 1 - January 30, 2023
“A new study from Cornell, says food labels can have an impact on our perception of the quality of food at a food pantry…‘We measured a statistically significant difference in the perception of quality when the exact same product was said to be from a grocery store versus from a food pantry. But, we also found that when we presented images and brand information about the products, that perception of quality in food pantries really increased.’” Video clip included."
(Continued...)
Read more on: Spectrum News 1
Michael Adjemian, University of Georgia
“UGA generates record $7.6 billion for Georgia”
By: The Red and Black - January 25, 2023
“7.6 billion is a conservative estimate based only on easily quantifiable impacts. The release said the study also measured economic impact associated with UGA’s operational expenses, including spending on labor and facilities. This created an additional $3.3 billion impact, making a grand total of $10.9 billion of impact”
(Continued...)
Read More: The Red and Black
Gopinath Munisamy, University of Georgia
"Recession Will Impact Agriculture, Grocery Prices"
By: KPVI - February 4, 2023
“A lot of our fertilizer and other commodities come from Russia and Ukraine, so until those two countries fully come back on the market, farmers will continue to pay higher prices for production. Farmers are often locked into a contract with grocery chains and retailers trying to keep their costs at a lower, more competitive rate. However, higher input prices, coupled with less availability and higher labor costs, have farmers absorbing a lot of these inflated costs. It’s difficult to say with complete confidence, but plan for a slowdown in economic growth this year”
(Continued...)
Read more on: KPVI or Morning Ag Clips
Nathanael Thompson, Purdue University
“Purdue Economist: Carbon Markets For Farmers Are "In Their Infancy”
By: On the Farm Radio - February 4, 2023
“These markets are in their infancy. There are a lot of unknowns, a lot of details that need to be figured out. In large part, farmers have been slow to enter the carbon market because the money being offered falls short of offsetting the cost of adopting carbon-capturing practices.”
(Continued...)
Read More On: On the Farm Radio
William Ridley, University
of Illinois at Urbana-Champaign
Stephen Devadoss, Texas Tech University
“How US Cotton Exports Are Shifting In Response To Competition and Trade Policy”
By: NewsWise - 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.”
(Continued...)
Read More On: NewsWise
Daniel Sumner, University of California, Davis
“Will Egg Prices Drop In California? Is There Such Thing As ‘Eggflation?’ We Asked The Experts”
By: The Ukiah Daily Journal - February 6, 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.”
(Continued...)
Read More: The Ukiah Daily
Journal or The Mendocino Beacon
Jayson Lusk, Purdue University
“What changes are US consumers making to their diets?”
By: New Food Magazine - February 9, 2023
“People are generally knowledgeable about the actions needed to improve health and want to pursue them such as increasing fruits and vegetables and exercising more. However, they don’t necessarily want to give up on taste and indulgences. For example, eating less meat or drinking less alcohol is low on the list of priorities of most Americans”
(Continued...)
Read More: New food Magazine
Peter Orazem, Iowa state University
“ISU Economist: Disinflation a Good Sign, But There's Still a Ways To Go”
By: KFAB - February 7, 2023
"The rate of inflation is becoming less, which means we're still experiencing inflation but not as rapid as we have. So a year ago December the rate of inflation was 7.1 percent. The overall rate of inflation is down to 6.4 percent, but they (the Federal Reserve) still have got a long ways to go before they reach their target. Whether or not they've actually reached the peak is a little bit of concern, I mean if you look at the rate of inflation it's still higher than the interest rate. From an historical perspective that's considered still relatively expansionary monetary policy. I think they've still got some more rate hikes to go before they actually reverse this."
(Continued...)
Read More: KFAB
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.
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