Monday, February 26, 2024

Members in the News: February 26, 2024

Steven Deller, University of Wisconsin, Madison

Economist Says State Headed For ‘Soft Landing’ Rather Than Recession

By: Wis Business – February 19, 2024

“The state have been reluctant to let workers go as they struggle to fill positions in the post-pandemic era. This reluctance is, many economists believe, a primary factor in lower expectations of a recession in favor of the now predicted ‘soft-landing’ of the economy.”

Read more on: Wis Business

Zachariah Rutledge, Michigan State University

  • Where’s USDA Help? Rep. Slotkin Pushes Ag Secretary on AEWR, Labor
    By: Michigan Farm News – February 16, 2024
  • We Don’t Have Years, We Have Months” — MFB Members Warn Lawmakers Of Labor Crisis
    By: Michigan Farm News – February 22, 2024

William Ridley, University of Illinois at Urbana-Champaign

Study Details Ukraine War’s Wheat Market Impact

By: World Grain – February 14, 2024

“In the weeks after the war began that prices would soar and remain relatively high for the foreseeable future. But the prices quickly retreated when it became apparent that other wheat exporters could fill the void. Since the war began 23 months ago, the price of wheat on the global market has only increased by 2%, after surging 27% higher in the opening weeks of the conflict mainly due to speculative buying.”

Read more on: World Grain

Joana Colussi, University of Illinois at Urbana-Champaign

  • Large Supplies Keep Pressure on Crop Markets
    By: Farm Week Now – February 8, 2024
  • El Niño Boosts South American Crop After Delay
    By: Iowa Farmer Today – February 8, 2024

Benjamin Brown, University of Missouri

Midwest Farms and 2022 Ag Census

By: Progressive Farmer – February 19, 2024

“Consolidation -- big farms continued getting bigger in 2022, this means the state is losing mid-sized farms. We've been in this farm consolidation period for decades. Farmers are producing more and more goods … because fixed costs require farms to get big. Some farms are just looking to break even in 2024."

Read more on: Progressive Farmer

Serkan Aglasan, University of Arizona

How Cover Crops Mitigate Weather-Induced Agricultural Losses

By: Morning Ag Clips -  February 20, 2024

“To the best of our knowledge, our study is the first to empirically investigate whether cover crops reduce extreme-weather-related production losses using long-term data over a major agricultural region in the US. In addition, this study complements existing agronomic studies that argue that cover crops improve soil properties over time (e.g., biological, chemical, and physical properties), which in turn enhance resilience to extreme weather events.

Read more on: Morning Ag Clips

Andrew Wright, Texas A&M AgriLife Extension

Profitability spreadsheet workshops for producers set in South Plains

By: Agrilife Today – February 19, 2024

“The Texas A&M AgriLife Extension Service will host three profitability spreadsheet workshops for producers to learn how to use the tool for crop budgets. The free workshops will be held from 9 a.m.-noon at different locations in the South Plains. Participants are encouraged to bring their own computers; they are optional as all materials will be demonstrated on screen.”

Read more on: Agrilife Today

Luis Ribera, Texas A&M University

Texas Citrus Overcomes Repeated Weather Setbacks

By: Farm Progress – February 20, 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: Farm Progress

Trey Malone, University of Arkansas
Jackie Yenerall,
University of Tennessee
Andrew Muhammad,
University of Tennessee

Agricultural Economists Offer Food For Thought To Improve Baby Formula Supply

By: Todays Chronic – February 23, 2024

“Years of declining birth rates, increasing maternal breastfeeding, market concentration and regulations on importing infant formula were ingredients for the crisis.”

“Our article provides a discussion of the potential tradeoffs associated with making permanent changes to three policies and programs that currently influence the infant formula market: import tariffs, Food and Drug Administration regulation, and WIC.”

Read more on: Todays Chronic Or EurekAlert!

Lee Schulz, Iowa State University

Economist: 2023 'Would Go Down As The Worst Year For pork Producers Ever' in Iowa

By: WQAD8 – February 21, 2024

"From an annual standpoint, this would go down as the worst year for pork producers ever. In 2023, there was an average loss for producers of about $32 per hog. That's five dollars more in losses than the previous worst year in 1998.”

Read more on: WQAD8

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