Monday, December 4, 2023

Members in the News: December 4, 2023

 

Brandon McFadden, University of Arkansas

Just How Bad Is the US Cost-of-Living Squeeze? We Did the Math

By: Bloomberg – November 27, 2023

“I don’t see any other way than food overall is going to be taking a higher share of people’s disposable income than before. You can’t wiggle out of buying food.”

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Read more on: Bloomberg


Ani Katchova, The Ohio State University

Restoring the Soil of Tomorrow with No-Till Farming

By: Ohio Country Journal – November 27, 2023

“Ani is a professor at OSU and she talks with Matt about the farm income outlook. (Seen at 9:58)”

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Read more on: Ohio Country Journal


Brian Roe, The Ohio State University

Food Waste Is a Big Issue in The U.S. Here's How to Cut Down

By: abc7 – November 27, 2023

"Food waste is definitely a continuing issue in the United States. About one third of all food that's produced is actually never eaten. Nobody actually eats that food. And if you take that a step deeper, what that means is that roughly that 1,250 calories of food per person per day that isn't eaten takes up about 30 million acres of land.”

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Read more on: abc7


David Ortega, Michigan State University
Mykel Taylor, Auburn University
Wendong Zhang, Cornell University
Rabail Chandio, Iowa State University

Foreign Buyers Pay a Premium For U.S. Farmland, Says Analyst

By: Successful Farming – November 29, 2023

“There is no clear evidence that foreign ownership is causing U.S. farmland prices to rise.”

“An analysis of farmland sales in the Midwest and Plains states found foreign investors paid 13.7% more than American purchasers for comparable tracts, but the infrequent transactions did not affect land values overall.”

“It’s too early to tell if the carbon credit and soil health market would influence land values. There was little impact from solar or wind power potential, but farmland with access to high-speed internet service generally had higher value than land with poorer service.”

“By far, farmers are the dominant buyers when land comes on the market. I would like to argue farmers are still in the game. Nonetheless, farmers and ranchers often name non-farm investors as the leading reason for rising land values.”

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Read more on: Successful Farming


Mehdi Nemati, University of California, Riverside

Want To Test a Theory on How To Fix The Colorado River’s Drought Issues? There’s A Model For That

By: The Colorado Sun – November 27, 2023

“It could also help basin negotiators who are tasked with setting up the governing rules for the basin’s biggest reservoirs, Lake Mead and Lake Powell, for years to come. All of these policies are being proposed — all these cuts are being proposed — what are some of the trade-offs between these different sectors as we move forward, especially with the negotiations coming up?”

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Read More On: The Colorado Sun


Amitrajeet Batabyal, Rochester Institute of Technology

It Really Does Pay to Schmooze At Work

By: Rochester Business Journal – November 24, 2023

Economists have long wondered about the effects of such schmoozing between employees and their managers. In this regard, two questions are pertinent. First, does this kind of schmoozing actually help employees in some way? Specifically, are employees who schmooze promoted at a faster rate or to more preferred positions? Second, is this schmoozing largely a male activity that detrimentally affects female employees?

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Read More On: Rochester Business Journal


Michael Langmeier, Purdue University

Don’t Bet on Another Black Swan

By: Farm Progress - November 29, 2023

“Over long periods of time, farm input prices are significantly correlated with general inflation. However, farm input prices are by no means perfectly correlated with general inflation. Each input has its own supply-and-demand fundamentals.”

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Read More On: Farm Progress


Bradley Lubben, University of Nebraska Lincoln

Who’s Buying Nebraska? Foreign Companies Deeply Involved in Farmland — But Not How You Think

By: Flatwater Free Press – November 29, 2023

“Land is maybe lower on the list relative to questions of agribusiness, whether it’s processing, whether it’s fertilizer, whether it’s seed … those probably end up being higher headline issues,”

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Read More On: Flatwater Free Press


Jennifer Ifft, Kansas State University

AG Labor Shortages Cost State Economy as Much as $11.7B

By: Morning Ag Clips – November 30, 2023

“Accepting the status quo in the labor market is costly. Between $2 billion and $6 billion in additional economic output could be generated in sectors affected directly if shortages in the labor market were filled.”

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Read More On: Morning Ag Clips

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