Tuesday, July 9, 2024

Members in the News: July 8, 2024

Joseph Balagtas, Purdue University

  • Even as Inflation Cools, Americans Report Sticker Shock at Grocery Store Register
    By: USA Today – July 2, 2024
  • Q1 GDP Slows More Than Previously Estimated as Inflation Concerns Linger
    By: Fox Business – June 27, 2024

Amitrajeet Batabyal, Rochester Institute of Technology

Rejection of the Purdue Pharma Bankruptcy Plan is a Good Long-Run Verdict

By: Rochester Beacon – July 2, 2024

“Overdosing on opioids has resulted in the deaths of over 500,000 Americans. A key player in this saturnine saga is Purdue Pharma, formerly owned by the Sackler family, which introduced its blockbuster painkiller drug OxyContin into the U.S. market in 1996.”

Read more on: Rochester Beacon

Shadi Atallah, University of Illinois Urbana-Champaign

Study Focuses on Organics Beliefs, Microbiome Effects

By: Agrinews – June 30, 2024

“There is very little research on what farmers think about the soil microbiome and what it means for which agricultural practices they adopt. In the long run, we want to understand organic farmers’ incentives to adopt microbiome-friendly practices from an economic perspective.”

Read more on: Agrinews

Claudia Schmidt, Pennsylvania State University

High-Speed Internet linked to More Farms Offering Agritourism

By: Ag Daily – July 1, 2024

“Agritourism operations are consumer-facing businesses that offer activities to farm or ranch visitors, such as farm stands, pumpkin patches, corn mazes, hayrides, and farm stays. They need to attract visitors, and most of their visitors find them online. Assistant professor of marketing and local/regional food systems in Penn State’s College of Agricultural Sciences, who led the research. “Ours is the first study to examine the relationship between high-speed internet and agritourism specifically, demonstrating a clear relationship.”

Read more on: Ag Daily

James Mintert, Purdue University

Purdue Survey: Farmers Feeling Less Optimistic About the Ag Economy

By: Hoosier Today – July 2, 2024

“The impact of rising interest rates on their farm operations has become a bigger concern for producers in recent months. Interest rate risk and high breakeven levels combined with concerns that crop and livestock prices could weaken are holding back producer sentiment and making producers cautious about making large investments.”

Read more on: Hoosier Today

Jeffrey Dorfman, North Carolina State University

Crops Suffer Under Drought Conditions in 99 Counties Across NC

By: Carolina Journal – July 4, 2024  

As North Carolina enters a crucial period of the growing season for most crops, drought is now affecting about half of the state.”

Read more on: Carolina Journal

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