Monday, May 20, 2024

Members in the News: May 20, 2024

 David Ortega, Michigan State University

Food price gains moderated in April
By: New York Times – May 15, 2024

In April, Grocery Store Prices Were Flat—or Even Lower
By: NPR Marketplace – May 15, 2024

Brian Roe, The Ohio State University

Silicon Valley is Enamored With a Company That Pumps Poop Underground

By: The Verge – May 1, 2024

“It just seems like a lot of good stuff along with some bad stuff that’s going to go down into a hole forever. It’s nice to have more tools in the toolbox. I’m just kind of fascinated to figure out where this is going to work.”

Read more on: The Verge

Carl Zulauf, The Ohio State University

Age of U.S. Farmers: Not a Problem

By: Successful Farming – May 14, 2024

“The older age of U.S. farmers remains a topic of concern (see, for example, U.S. Senate Committee on Aging). The 2022 Census of Agriculture confirms that U.S. farmers continue to age (farmdoc daily. October 23, 2013 and February 26, 2020, and Zulauf, 2021). However, U.S. farmers are also becoming younger relative to the U.S. population, and the age distribution of U.S. farmers is consistent with more farmers entering the profession when economic returns are good. In total, this evidence is not consistent with the U.S. having either a farmer aging or a farmer replacement problem.”

Read more on: Successful Farming

Joe Janzen, University of Illinois at Urbana-Champaign

Sizing Up Potential Downside Risk For New-Crop Corn and Soybean Prices

By: Successful Farming – May 14, 2024

“This article reviews the latest US corn and soybean production and use forecasts from USDA which include projections for the new-crop 2024/2025 marketing year. These supply and demand estimates set expectations for forthcoming market conditions and provide context for marketing decisions made by farmers, merchants, processors, and end-users. In general, corn and soybean markets have coalesced around prices slightly above long-run average nominal levels (See: Farmdoc Daily May 31, 2022).”

Read more on: Successful Farming

Jada Thompson, University of Arkansas

Fact Sheet Offers Risk Analysis for Poultry Contract Growers

By: Newton County Times – May 11, 2024

“Last year’s closure of chicken processing plants in North Little Rock and Van Buren sparked a few questions in economist Jada Thompson’s mind.

“One of the questions was about what kind of risk was associated with lending and the risks involved for new producers,” said Thompson, an assistant professor for the University of Arkansas System Division of Agriculture who specializes in the economics of poultry. ”

Read more on: Newton County Times

Christopher A. Wolf, Cornell University

Pa. Dairy Farmers Could See Financial Boost from Shapiro’s Proposed Subsidy Program

By: News Pub, et al. – May 15, 2024

"Pennsylvania has 4,940 dairy farms, according to state data. Of those, 1,778 are enrolled in the federal program, which made $102 million in payments statewide last year.

Christopher Allen Wolf, an agricultural economics professor at Cornell University, said participation in the federal program offers farmers, especially smaller ones, a safe way to reduce risks."

Read more on: News Pub

Simon Somogyi, Texas A&M University
Yong Liu,
Texas A&M University
Weifang Liang,
Texas A&M University

"Grilling Season Kicks Off With High But Stable Meat Prices"

By: National Hot Farmer & Austin County News Online – May 14, 2024

"The Summer 2024 Meat Prices report was authored by Simon Somogyi, Ph.D., director of the Weston Agrifood Sales Program and Dr. Kerry Litzenberg Sales and Economics Endowed Chair in the department. Report co-authors include David Anderson, Ph.D., professor and Texas A&M AgriLife Extension Service specialist – livestock and food product marketing; Yong Liu, Ph.D., assistant professor; and Weifang Liang, a doctoral student – all in the department."

“Prices may spike and fluctuate that first month of grilling season due to higher demand from people eating at restaurants and cooking out at home,” he said. “But prices should stabilize after that.”

Read more on: National Hot Farmer & Austin County News Online

James Mintert, Purdue University

"Farmers Remain Cautiously Optimistic About Agricultural Economy"

By: Hoard's Dairyman – May 14, 2024

“Producers were slightly more confident about the farming economy in July, despite recent crop price volatility and continued concerns about rising interest rates,” said James Mintert, the barometer’s principal investigator and director of Purdue University’s Center for Commercial Agriculture.

Read more on: Hoard's Dairyman

Andrew Stevens, University of Wisconsin-Madison

"Why Has Bird Flu in the US Spread to Cows and What’s the Risk For Humans?"

By: Al Jazeera – May 10, 2024

“In this setting, culling would be an extreme and costly step to prevent further spread of the disease. This is especially true because we don’t yet have as good a sense of how contagious the bird flu virus is between cattle,” he said.

Read more on: Al Jazeera

Joseph Balagtas, Purdue University

"Lab-Grown Meat's PR Problem Offers an Opportunity For Plant-Based Products"

By: Salon – May 14, 2024

“The proportion of consumers willing to try the cultivated versions of these meats is around 30 percentage points lower, though it is still a majority, about 60%,” Balagtas said. “Given the fact that cell-cultured meat is not widely available, these results reflect consumer distrust of the unknown when it comes to food, which is a barrier for any novel food trying to break into the market.”

Read more on: Salon

Amitrajeet Batabyal, Rochester Institute of Technology

The Asymmetric Response of Firms to Demand and Cost Changes: A puzzle

By: Rochester Beacon – May 10, 2024

“Many firms have operations in multiple geographic locations. Data from the U.S. Census Bureau show that such geographically dispersed firms account for 70 percent of sales and payroll. Similarly, firms operating across multiple states make up 68 percent of total employment.”

Read more on: Rochester Beacon

No comments:

Post a Comment