Craig Gundersen, Baylor University "Why The U.S. Can’t Solve Hunger" By: CNBC – June 17, 2023 “33.8 million Americans didn’t have adequate access to food, according to the latest report from the USDA. That’s despite the fact that U.S. is one of the wealthiest nations in the world based on almost every metric. In response, spending on food assistance programs like SNAP has grown exponentially, reaching a record of $182.5 billion in 2021. But food insecurity has remained relatively the same as it was in 2001. So why are so many Americans still hungry and what can be done to solve it?” (Seen at 3:32) (Continued...) Zach Rutledge, Michigan State University “Why Are Frozen Vegetable Prices So High? Blame War, Fewer Immigrants and California Weather, Say Economists” By: CNBC – July 20, 2023 “Fruits and vegetables are known as specialty crops, which are labor-intensive to produce since they are often hand-picked. Labor can therefore account for a large share of a farmer’s production cost, perhaps up to 40%.” (Continued...) Steven Deller, University of Wisconsin, Madison
David Ortega, Michigan State University
Chad Hart, Iowa State University “Grocery Prices Could Drop a Bit Thanks to Bumper Crops of Corn, Wheat, Soybean” By: The Messenger – July 19, 2023 “A farmer is like any other businessman: when they see higher prices, they want to produce more. But the tactic backfired as the extra acreage put downward pressure on commodities.” (Continued...) Shadi Atallah, University of Illinois at Urbana-Champaign “What Motivates Family Forest Landowners to Manage Invasive Species?” By: PHYS.org – July 17, 2023 “We have mostly public land on the West Coast and privately owned family forestland in the Midwest and the Eastern Seaboard. Private landowners are going to have different preferences, so what will happen when collective action is required to manage invasive species?" (Continued...) Brady Brewer, Purdue University “ Dairy Signal: Asset Management Tips, 2023 Corn Outlook, Market Update” By: Morning Ag Clips – July 17, 2023 “Producing output in agriculture calls for a lot of assets, including land, buildings, equipment and animals. Because of the heavy reliance on big-dollar expenditures, assets can become one of the largest detractors to cash flow for a dairy farm. Discover the financial metrics to help determine whether your dairy’s asset mix is appropriate – as well as useful strategies to implement in cases where adjustments need to be made.” (Continued...) Daniel Sumner, University of California, Davis “What Climate Change Means for California’s Biggest Dairy District” By: Who What Why – June 18, 2023 “Size is relative. With the country’s average herd ranging around 300 heads, just about all dairies in California are considered large by U.S. standards. But, the scale helps keep the Golden State’s dairy prices in check.” (Continued...) James Sears, Michigan State University “In Rural Michigan, Need Is Great, But Summer Food Programs Are Scarce” By: Bridge MI – June 19, 2023 "But needy families in rural Michigan still face big challenges in feeding children during the summer, because of travel and other logistical issues. If you can just hop on a Wayne County bus for a couple of stops, go get your lunch, hop back on, that's a lot easier of an effort than having to convince a parent to drive you 20 miles to the next site … if you are in a rural county.” (Continued...) Gary Schnitkey, University of Illinois at Urbana-Champaign "Comparing SCO and ECO Payment Frequency in Two Illinois Counties" By: Farms.com – July 19, 2023 Recent experience can impact farmers’ purchase decisions for crop insurance, so it will be interesting to see how participation in and use of the SCO and ECO products over the next few years compares in counties where payments have or have not been triggered.” (Continued...) Russell Tronstad, University of Arizona “Why Frozen Vegetable Prices Are Up, According to Economists” By: CNBC – July 20, 2023 “But perhaps the most consequential event has been unusual weather in California, which is “by far” the biggest supplier of fresh fruits and vegetables in the U.S.” “We’re still dealing with these ripple effects from Covid throughout the system. I don’t think we’ve established what the new normal is for consumer food purchases.” “Fruits and vegetables are known as “specialty crops,” which are labor-intensive to produce since they are often hand-picked.” (Continued...) Jayson Lusk, Purdue University “As Food Costs Rise, Local Food Bank Says They Are Feeling The Squeeze” By: WBAA – July 20, 2023 “It’s certainly the case that just in terms of affordability of food prices that food has become less affordable than it was even two or three years ago. When we talk about inflation and food price inflation, it’s always a little bit difficult to talk about. The most recent numbers suggest a slower rate of increase - but the food prices are still increasing.” (Continued...) Peter Slade, University of Saskatchewan “Research Predicts Significant Disruption of Cheese Market With Animal-Free Dairy” By: Projin News – July 20, 2023 “The UK produces and consumes a lot of cheese. According to 2018 figures, 470,000 tons is produced, and 790,000 tons consumed, annually – equating to 11.9kg of cheese consumed per person.” (Continued...) Michael Langemeier, Purdue University “Grocery Prices Could Drop a Bit Thanks to Bumper Crops of Corn, Wheat, Soybean” By: The Messenger – July 19, 2023 “Wheat would be more direct,” he said. Since much of the nation’s wheat is used for flour, that means wheat prices can move the cost of bread.” “The more processed the food product is, the lower the farmers’ share,” “A farmer is like any other businessman: when they see higher prices, they want to produce more. But the tactic backfired as the extra acreage put downward pressure on commodities.” (Continued...) |
Monday, July 24, 2023
Members in the News: July 24, 2023
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