Monday, April 17, 2023

Members in the News: April 17, 2023

David Ortega, Michigan State University
William Masters,
Tufts University

"Grocery Inflation Cools while Restaurant Prices Continue to Rice"

By: NPR Marketplace – April 12, 2023

However, restaurant prices are up because when people go out to eat, they’re paying for more than just food. We’re also paying for services. We have wages, there’s rent, utilities that add up on top of the actual cost of the food itself. If you look at hourly earnings in the restaurant industry, the first year of the pandemic, that was roughly about … a 3% increase. Last year, that was a 9% increase. This year [it’s] running about 6.9%.”

“Some of it was supply chain congestion … and, of course, energy costs. Supply chains are mostly flowing again and energy costs have dropped, so we’re seeing prices come back down. Egg prices down, dairy prices down, fruits and vegetable prices down."

Read More On: NPR Marketplace

Steven Deller, University of Wisconsin—Madison

  • Economist Explores Economic Impact of 2024 RNC In Milwaukee
    By: TMJ4 – March 22, 2023
  •  “State’s Businesses Hesitant to Lay Off Workers
    By: Urban Milwaukee – April 11, 2023
  •  “Wisconsin Layoff Notices Up From This Time Last Year, Showing Signs of Possible Economic Slowdown
    By: Wisconsin Public Radio – March 20, 2023

Lauren Chenarides, Arizona State University
Wenhui Feng,
Tufts University

Advocates Warn of a ‘Dollar Store Invasion.’ Researchers Are Still Figuring Out The Consequences

By: WWNO – April 10, 2023

“Independent grocery stores in rural areas are very different than larger grocery stores in urban markets. Anything that we can say about results from paper one versus paper two is different. Our stores complement grocery stores and bring economic development to communities we enter, including helping to alleviate the effects of ‘food deserts’ by helping serve those who are otherwise limited in access to basic food items we provide,” a Dollar Tree representative said in an email.”

“On one hand, dollar stores may provide easier access to some food,” Feng said. “But on the other hand, those foods may not be the most healthy. So how do people balance that out? It’s not very clear.”

Read More On: WWNO

Wendong Zhang, Cornell University

·         Discussing The Rise and Fall of Egg Prices
By: Spectrum 1 News (Seen at 0:14) – April 9 2023

·         "US Egg Prices Are Falling Back To Earth"
By: Quartz - April 13, 2023

Yangxuan Liu, University of Georgia

The Cause of Recent Bank Failures and The Ripple Effect On Cotton Producers

By: Georgia Cotton Commission – April 12, 2023

“Since March 2021, inflation has started to soar in the United States, reaching a 40-year high in June 2022 at 9.1%. History and economic theory show that if the central bank doesn’t get inflation back in place, that could result in a series of years where inflation is high and volatile. High inflation will cause economic hardship, eroding purchasing power, discouraging capital investment, and melting the economy.”

Read More On: Georgia Cotton Commission

James Mintert, Purdue University

Commodity Price Outlook and Interest Rate Concerns Cloud Farmer Sentiment

By: Dairy Business – April 7, 2023

“Rising interest rates and weaker prices for key commodities including wheat, corn and soybeans from mid-February through mid-March were key factors behind this month’s lower sentiment reading.”

Read More On: Dairy Business

Weizhe Weng, University of Florida
Olesya Savchenko, University of Florida

Agricultural Policy Outlook Conference Looks at the Environment and Economics

By: Florida Grower – April 9, 2023

“Freshwater lakes are important to humans. It provides essential ecosystem services to human beings. Yet, at the same time, freshwater lakes are under threat due to human behaviors.”

“Florida growers with large farms and cost share typically use BMPs at higher rates.”

Read More On: Florida Grower

Ian Sheldon, The Ohio State University
Seungki Lee,
The Ohio State University

Leading Academics On How The U.S.-Mexico Corn Dispute Will End Up

By: Agri-Marketing – April 10, 2023

“The dispute has its origins in a decree issued by the Mexican President Andrés Manuel López Obrador on December 31, 2020, calling for GM corn for human consumption to be phased out by the end of January 2024. Not surprisingly, given Mexico is the second-largest export market for US corn totaling $4.792 billion in 2022, with about 17 million metric tons of yellow corn crossing the border annually, the original decree ratcheted up trade tensions between the two countries.”

Read More On: Agri-Marketing

Jason Franken, Western Illinois University

"Wincing From Losses, Pork Producers Pull Back From Expansion"

By: AgriNews – April 12, 2023

“Such sentiment seems inline with the USDA’s downward revisions of forecasts of U.S. per capita pork consumption in 2023, previously pegged at 52.1 pounds per person in December and now projected to be about a pound lower at 51 pounds per person. The December estimate anticipated a return to pre-pandemic levels in 2019 with the current forecast just slightly lower than last year reflecting potential constraints of inflation and rising interest rates on consumer spending.”

Read More On: AgriNews

Jayson Lusk, Purdue University

"Consumers Trust And Value Product Labels"

By: Swift Telecast – April 12, 2023

Generally, consumers trust—or, at least, don’t distrust—the labels on their food. This trust is significantly lower for claims about the health or naturalness of food, claims which may often be more nebulous or more clearly motivated by marketing objectives. Among these important labels, the ingredient list and nutrition fact label are regulated by the Food and Drug Administration, while expiration dates are not.”

Read More On: Swift Telecast

Claudia Schmidt, Pennsylvania State University

"Public Support For Agritourism Growing, Slowly"

By: Country Folks Grower – April 12, 2023

“Place-based factors play a role, but its growth is also based on government and community support. It’s not a level playing field for regulation,” Schmidt stated. In many places, there are county and state regulations, but nothing national. And as of the time of her presentation, she noted that 11 states have no legal definition of agritourism.”

Read More On: Country Folks Grower


 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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