Monday, January 22, 2024

Members in The News: January 22, 2024

David Oretga, Michigan State University

Chinese Billionaire Chen Tianqiao's $85 Million Purchase of Oregon Timberland Is Missing From Government Records, Alarming Lawmakers

By: Daily Mail – January 16, 2024

“David Ortega, associate professor at the Department of Agriculture at Michigan State University, said it highlighted the inadequacy of self-reporting and the fact that 'there are likely missing transactions that are not being captured.”

Read more on: Daily Mail

William Ridley, University of Illinois at Urbana-Champaign

U.S. Agricultural Trade Deficit Could Grow To Record High

By: Marketplace – January 16, 2024

“That’s the biggest reason for the deficit. Of course, the more you import, holding your exports mostly constant, that’s going to shrink your trade surplus or create a trade deficit."

Read more on: Marketplace

Rabail Chandio, Iowa State University

  • Year in Review: Farmers Face Dry Fields And Delayed Farm Bill”\
    By: Missouri Farmer Today – December 30, 2023
  • ISU Survey Shows Iowa's Record-High Farmland Values May Have Plateaued
    By: Iowa Public Radio – December 13, 2023

Trent Blare, International Potato Center

Explosion Of Violence in Ecuador Shuts Down Science

By: Science – January 13, 2024

“Hundreds of kilometers away in the capital, Quito, the International Potato Center (CIP), a prominent research center, faced a similar dilemma. “Our concern was about the safety of our staff, to figure out immediately how to get everyone home and be able to shelter in place. The city’s public transport system collapsed during Tuesday’s violence as people rushed home.”

Read more on: Science

Rabail Chandio, Iowa State University
Mykel Taylor, Auburn University

Farmers Still the Primary Owners of Farmland, Midwest Ag Conference Attendees Are Told

By: Federal Reserve Bank of Chicago – January 17, 2024

“Older farmers own ever more of it, partly because they are the ones who can afford the increasingly expensive acreage. People age 65 and over owned two-thirds of Iowa farmland in 2022, up from under half of it in 2002. Farmers are still in the game.”

“In the U.S. the “total amount of foreign-owned or leased land in 2020 was 37.6 million acres. That’s a big number. But it’s only about 2.9% of all privately-held ag land. Where foreign farmland leasing seems to be highest, Taylor added, is in states where wind-energy development is strong.”

Read more on: Federal Reserve Bank of Chicago

Joseph Balagtas, Purdue University

Year-End Survey Spotlights Food Safety, Age-Related Consumer Behavior, Out-Of-Stock Trends

By: News Continue - January 12, 2024

“The proportion of consumers who would discard food decreases slightly when they know the type of date label and that the food smells and appears ‘normal. Approximately 30% and 45% of consumers indicate safety and taste, respectively, as a concern when eating foods one day past the date.”

Read More On: News Continue Or National hog Farmer

Margaret Lippsmeyer, Purdue University
Michael Langemeier, Purdue University

Strategic Risk Becoming Increasingly Important For Farms

By: Farm Week Now – January 12, 2024

“Farms that perform well and are proficient with their strategic risk management really excel in a lot of other areas across the business.”

“Strategy is very important as we move into challenging times like we have for the last few years. You need to constantly reassess your strategy. Where am I at? Where do I need to be to compete in the next five years ... That’s why this topic is so important.”

Read More On: Farm Week Now

Patrick Westhoff, University of Missouri

Many Farm And Food Indicators Dropped Back in 2023

By: Columbia Daily Tribune – January 14, 2023

“Average food prices are still high, but at least the rate of increase has slowed dramatically. In November, the food CPI was up just 2.9% from the same month in 2022. Products like eggs, milk and pork have seen actual retail price declines.”

Read More On: Columbia Daily Tribune

Daniel Mooney, Colorado State University
Dawn Thilmany, Colorado State University

Beef Industry Benefits From High Cattle Prices; Despite Inflation Consumer Demand Remains Strong

By: Greeley Tribune – January 16, 2024

“As prices go up, they keep more of their calves and raise them to maturity to become a cow and produce more calves. We’re at a natural low point, but then shocks to the economy and to the production system are also really important.”

“Economists looked at people’s food-buying habits during the pandemic and since then. People are back to spending about what they did pre-COVID on eating out. But people are still spending more at home than they were spending for food before COVID, even when we adjust for inflation.”

Read More On: Greeley Tribune

Stephan Goetz, Pennsylvania State University
Claudia Schmidt, Pennsylvania State
Steven Deller, University of Wisconsin-Madison

Women Farmers Quantitatively Linked To Better Community Well-Being

By: Science Daily – January 17, 2024

"The fact that these spillovers exist suggests having a critical mass of female farmers within a larger region, and not just within a county, has an even greater impact on regional well-being.”

"We know from previous qualitative research that women farmers tend to enter into farming for different reasons than men and often make decisions with the greater good in mind.”

"Communities with more people starting businesses tend to be more dynamic and resilient to shocks, thus enhancing community well-being.”

Read More On: Science Daily or Morning Ag Clips

Amy Hagerman, Oklahoma State University
Joe Outlaw, Texas A&M University
Bart Fischer, Texas A&M University

No New Farm Bill... Now What?

By: Farm Progress  - January 18, 2023

“A new farm bill is going to be critical for producers in the Southwest. High input costs and forecasts of commodity prices coming down create a cost-price squeeze for row crop producers. An increase in reference prices used in the calculations of both ARC and PLC payments is incredibly important for producers in our region.”

Read More On: Farm Progress

Xuan Wei, University of Florida
Hayk Khachatryan, University of Florida
Marco Palma, Texas A&M University
Ariana Torres, Purdue University

Exploring New Market Channels

By: Grower Talks – January 1, 2024

“The green industry is a vibrant segment of U.S. agriculture, with significant economic contributions of $17 billion at the farm gate and $348 billion in total output, while supporting over 2.3 million jobs. With an array of different stakeholders, including growers, retailers, breeders, suppliers, landscape designers and installers, the industry has many small and family-owned businesses, and some are into their third or even fifth generation of family ownership.”

Read More On: Grower Talks

Justus Wesseler, Wageningen University

Just How Secure Is The Global Food Supply?

By: Advanced Science News – January 18, 2024

“Organic agriculture is not the solution. What is more important is having an economic environment that allows new solutions to be developed. This will allow us to make agriculture more responsive to the local conditions. Agriculture is not a command-and-control sector, farm households respond to economic incentives.”

Read More On: Advanced Science News

Brian Whitacre, Oklahoma State University

Analysis: Rural Families Need Broadband Subsidy Program More but Use It Less

By: The Daily Yonder – January 18, 2024

“Regardless of the future of the ACP, there are lessons to be learned for rural broadband advocates. The program’s focus on consumer costs and increasing adoption rates answered calls for action that many of us have been making for years.  But the lower adoption and slower growth of the program in rural areas speaks to additional barriers that need to be overcome.”

Read More On: The Daily Yonder

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