Monday, September 30, 2024

Members in the News: September 30, 2024

 Maria Kalaitzandonakes, University of Illinois, Urbana-Champaign

Food Inflation is Declining, But it’s Still a Topic in the Presidential Campaign

By: NPR – September 13, 2024

“When economists think about inflation, we think about the rate of increases in prices. But when consumers think about inflation, it’s more like ‘In 2019 I could buy all my groceries for less than $100 and now when I go to the grocery store I’m getting sticker shock.’ It’s not the same concept.”

(Continued...)
Read more on: NPR


Daniel Sumner, University of California, Davis

Sonoma County Farmers Pushing Back Against Factory-Farm Ballot Measure

By: CBS News – September 18, 2024

"As people think about, "Gee, we ought to do this everywhere.' Then, the biggest consequences would be food prices. If you say who loses a million dollars, that will be the farmer. If you ask who loses their job and will struggle, that's the hired farm worker.”

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Read more on: CBS News


David Ortega, Michigan State University
Joseph Glauber,
International Food Policy Research Institute

Why Trump's Vow to Lower Grocery Costs Will Backfire, Economists Warn

By: Axios – September 21, 2024

“Restricting imports via tariffs might decrease some competition but would almost certainly have the opposite effect Trump intends and lead to higher prices.”

“Food imports work to keep grocery prices low, and using tariffs to decrease food prices makes no sense.”

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Read more on: Axios


Sven Anders, University of Alberta

"Drought in Brazil, Vietnam Highlight Climate Change's Impact on Coffee: Experts"

By: CTV News - September 25, 2025

"We are seeing fairly dramatic changes in what otherwise we would call traditional normal weather patterns, and these have dramatic effects on the expected supply of coffee come next harvest season.Recent heat waves, drought and wildfires in countries including Brazil and Vietnam have been intensified by climate change, research shows. Amid all the factors affecting supply, demand for coffee continues to grow."

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Read more on: CTV News


Lee Schulz, Iowa State University
Patrick Westhoff,
University of Missouri

Bird Flu Outbreaks Made Egg Prices More Expensive. Here's What to Know

By: Iowa Public Radio – September 19, 2024

“The cost of doing business, transportation, wages, energy, all those things are much higher than the last decade, and so that has added to the price of eggs.”

“Those are higher than average egg prices over the last number of years,”

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Read more on: Iowa Public Radio


Rabail Chandio, Iowa State University

U.S. Farm Report 09/21/24 - Marketing Discussion from Iowa State University

By: Farm Journal – September 21, 2024

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Read more on: Farm Journal


Uma Lele, Institute of Economic Growth

Uma Lele, PhD, Honored for Expertise in the Agricultural Industry in the Nonprofit Sector

By: Grit Daily – September 19, 2024

“climate change remains challenging for the agricultural sector: “Climate change is real, and its impact is most severe in developing countries, especially in the tropics. The increased temperatures, loss of cultivable land and variable rainfall threaten food security. Climate change is not just an environmental issue but a critical challenge for food security and agricultural sustainability. We must work together to find innovative solutions.”

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Read more on: Grit Daily


Aaron Smith, University of California, Davis
Joseph Glauber,
International Food Policy Research Institute

Donald Trump and Kamala Harris Both Say Food Costs Too Much. What Can They Do About It?

By: McClatchy – September 22, 2024

“The rate of price growth has reverted back to normal, but prices will not go back down.”

“There is little evidence of price gouging. Reported net profits by food companies over the past couple of years show no evidence that profits are higher than average over the last decade.”

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Read more on: McClatchy


Andrew McKenzie, University of Arkansas

Pre-Harvest Marketing, Crop Insurance a Dual Strategy For Business Sustainability

By: Stuttgart Daily Leader – September 20, 2024

“Corn and bean farmers considering marketing a crop before harvest should take into consideration historical pricing data. Over a 10-year period, typically on corn and beans, you’ll see the highest on-average prices offered during the late spring or summer months. I would be setting targets before that timeframe at higher levels with the hope history repeats itself and you can get those higher targets.”

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Read more on: Stuttgart Daily Leader


Glynn Tonsor, Kansas State University

'Just Hang in There With Us': Local Rancher, Ag. Economist on Record-High Beef Prices

By: KSHB – September 20, 2024

“Ground beef and steak products would be 20% to 30% higher than they were three years ago. The U.S. beef cattle herd is fairly small by historic standards, so the amount of beef we’re producing is less than it was five years ago, and that has the effect of higher beef prices.”

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Read more on: KSHB


Bradley Lubben, University of Nebraska-Lincoln

Trump Threatens John Deere With 200% Tariffs if Production Moves to Mexico

By: NTV – September 24, 2024

“The strategy might be, at least as Trump describes on the campaign trail, the tariffs might be enough to convince John Deere not to move jobs, not to move production. That’s an industrial policy that favors jobs. It might come at the cost of efficiency."

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Read more on: NTV


David Ortega, Michigan State University

The High Cost of Groceries: Experts Weigh in

By: Civil Eats – September 25, 2024

“What’s Driving High Food Prices? Dwindling supply plus rising demand. Several factors caused supplies to sink. During the pandemic, people rushed into stores and cleaned out the shelves, throwing suppliers into a tailspin. Then, in 2022, Russia invaded Ukraine, leading to a global shortage of wheat, vegetable oils, and other grains. There were also export restrictions on staples such as palm oil, leading to price increases. On top of this, significant drought in the U.S. affected beef prices, and a multiyear avian flu impacted commercial poultry and eggs. All of these shortages caused prices to spike.”

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Read more on: Civil Eats


Ani Katchova, The Ohio State University

  • “Ohio’s agricultural land loss to development over 20 years”
    By: Ohio Ag Connection - September 5, 2024
  •  “Agricultural Land Lost to Development in Ohio”
    By: Ohio’s Country Journal - September 4, 2024

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