Monday, February 19, 2024

Members in the News: February 19, 2024

 Michael Langemeier, Purdue University

"Purdue Economists Share 2024 Outlook"

By: Agri-News - February 13, 2024

“The relatively high-cost structure along with tight margins, increases the importance of carefully scrutinizing input and crop decisions,” said Michael Langemeier, ag economics professor at Purdue University, in the 2024 Purdue Crop Cost and Return Guide."

Read more on: Agri-News

Jeffrey Dorfman, North Carolina State University

  • "No Big Changes in 2024 Plantings, Returns Or Input Prices"
    By: FarmProgress - February 13, 2024
  • Feeding NC: Strategy To Grow Agriculture Takes Shape
    By: The Carolina Journal – February 12, 2024

Andrew Sowell, USDA-Economic Research Service

“USDA Forum To Lay Out Agriculture Future”

By: Meat + Poultry – February 14, 2024

Andrew Sowell, an agricultural economist in the Crops Branch, Market and Trade Economics Division at the USDA's Economic Research Service, speaks at the Agricultural Outlook Forum.

Read more on: Meat + Poultry

Edward Jaenicke, Pennsylvania State University

"Say Goodbye To Food Waste: Tips Every Home Cook Should Know"

By: Daily Press - February 12, 2024

“Based on our estimation, the average American household wastes 31.9% of the food it acquires. More than two-thirds of households in our study have food-waste estimates of between 20% and 50%.”

Read more on: Daily Press

Christopher Wolf, Cornell University

"New Federal Ag Data Highlights Continued Struggle For The Dairy Industry"

By: North Country Public Radio - February 15, 2024

"I don't know how much it stood out to me," he said. "I think most people were probably surprised maybe by the amount of consolidation that happened, particularly in the dairy industry." 

Read more on: North Country Public Radio

Joseph Balagtas, Purdue University

  • “Increasing New Year's Resolutions For Healthier Eating, Purdue Report Finds”
    By: News Medical Life Sciences - February 15, 2024
  • "New Year Brought Increased Consumer Interest in Food And Nutrition Resolutions"
    By: - February 14, 2024


Seth Meyer, USDA-Office of the Chief Economist

"USDA forecasts lower corn, higher soybean area in 2024"

By: - February 15, 2024

"The biggest surprises in 2023 agriculture were the flexibility of US farmers to respond to market signals and change their cropping, responding to the global need for more corn and wheat as the Russia-Ukraine war extended into a second year. Farmers’ resilience in their production in a challenging year, citing as an example record corn yields despite drought conditions covering a large portion of US corn areas."

Read more on:

Luis Ribera, Texas A&M University

"South Texas Citrus Poised For A Comeback"

By: Austin County News Online - February 13, 2024

“This water undersupply continues today. The water deficit for the current five-year cycle that began on Oct. 25, 2020 was 673,892 acre-feet as of Dec. 9. This represents the second largest irrigation water deficit in the last three decades.The past 30-plus years have demonstrated a trend toward fewer and fewer acre-feet of irrigation water available to the Lower Rio Grande Valley area."

Read more on: Austin County News Online

Nick Paulson, University of Illinois at Urbana-Champaign
Gary Schnitkey,
University of Illinois at Urbana-Champaign
Carl Zulauf,
The Ohio State University

"2024 ARC/PLC decisions"

By: WFIN & Ohio's Country Journal - February 12, 2024

"Because the 2018 Farm Bill was extended, farmers will have the same commodity title choices in 2024 as they have since 2019. These include the Price Loss Coverage (PLC), Agricultural Risk Coverage at the county level (ARC-CO), and ARC at the individual level (ARC-IC) programs."

Read more on: WFIN & Ohio's Country Journal

Rigoberto Lopez, University of Connecticut

“We love dollar stores. But here’s what can happen when they move in”

By: La Crosse Tribune, Arca Max & Yours Bulletin, et al. – February 12, 2024

"According to the study, published in Applied Economic Perspectives and Policy, there were 35,000 dollar stores in the United States in 2019 and they were “among the few food retailers” that grew in revenue after the Great Recession of 2008-10, outperforming big box discounters and retail clubs."

Read more on: La Crosse Tribune, Arca Max & Yours Bulletin

Jackie Yenerall, University Of Tennessee
Andrew Muhammad,
University of Tennessee
Karen DeLong, U
niversity of Tennessee

"Navigating the Challenges of Building a More Resilient Infant Formula Industry"

By: The Clanton Advertiser, The Brewton Standard, et al. – February 12, 2024

"Prior to the 2022 shortage, U.S. infant formula imports averaged 0.26 kg per capita, significantly lower than many other comparable high income countries such as the United Kingdom (12.0 kg per capita) and Canada (11.3 kg per capita). Infant formula imports significantly increased in 2022 to more than 42,500 metric tons (MT) and $323 million, a quantity and value increase of 153 and 302 percent, respectively, compared to 2021."

Read more on: The Clanton Advertiser & The Brewton Standard

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