Monday, October 21, 2024

Members in the News: October 21, 2024

 Steven Deller, University of Wisconsin-Madison

  • UW Economist Says Off-Farm Employment Key to Ensuring WI Farm Survival
    By: Wis Business – October 3, 2024
  • Wisconsin Family Farms Increasingly Relying on off-Farm Employment to Supplement Income
    By: WPR – October 8, 2024

Rabail Chandio, Iowa State University

Yes, the Farmland Market is Shifting, But That Doesn’t Necessarily Mean Prices Are Falling

By: Ag Web – October 1, 2024 

“As we are coming out of the pandemic highs with high government payments no longer there, with high farm income no longer supporting the land value, the market began to soften in 2023,” says Chandio, who is also the lead researcher of the ISU Land Value Survey. “What we’ve already experienced is a whole year of softening and then maybe slight falling of land values in certain parts of the of the state as well.”

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Read more on: Ag Web


Dan Scheitrum, California Polytechnic State University

Kamala Harris’ Much-Hyped Price Gouging Ban Set to Disappoint Shoppers

By: Yahoo! News – October 16

“It seems to me there was a big concern of pricing things unfairly or too high. Cheap eggs don’t do anybody any good if they’re not there to be purchased. And then there’s the fact the price gouging itself doesn’t have a widely agreed upon definition, and is often in the eye of the beholder.”

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Read more on: Yahoo! News


Joseph Janzen, University of Illinois, Urbana-Champaign

Farmers Are Making Less Money This Year, Which Could Have Larger Economic Consequences

By: Northern Public Radio – October 7, 2024

“The farm economy is in a downturn relative to what we have experienced in 2022 and 2023, which was kind of a boom in agriculture. While the last couple of years had been record breakers for farm income, this year will be a return to more normal levels, economists said. That reality may mean farmers in the Midwest think twice about making big purchases this year, and that’s already trickling down to other sectors.”

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Read more on: Northern Public Radio


David Ortega, Michigan State University

  • Kamala Harris and Donald Trump Both Plan to Boost Spending. How Would That Affect the Federal Debt?
    By: CBS News – October 8, 2024
  • Segment on Food Prices and the Election Starts on Minute 16
    By: WDIV Local 4 – October 13, 2024

Joseph Balagtas, Purdue University

Fact-checking Harris and Trump’s interviews with AARP

By: PBS – October 9, 2024

“The COVID-19 pandemic caused supply-chain disruptions in 2020 that sparked high inflation through the summer of 2022, when year-to-year inflation hit a 40-year high of 9 percent. These snags increased production costs, the pandemic altered consumer behavior and fiscal and monetary policy increased consumer demand. These forces combined to drive prices higher.”

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Read more on: PBS


Daniel Sumner, University of California, Davis
Joseph Glauber,
International Food Policy Research Institute
David Ortega,
Michigan State University

Bacon Prices Are a Hot Topic This Election. Here’s What You Need to Know

By: Fast Company – October 10, 2024

“Prices for pork products will be 7% to 10% higher in California over the long term because of the law.”

“Food price inflation was a global issue over the past few years, not one caused by the Biden administration. Past run-ups in food prices, he noted, have occurred regardless of which party was in office.”

“While plants were closed, millions of pigs got too big to be processed and were culled instead, leading to shortages just as home-bound Americans were shopping for more breakfast bacon.”

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Read more on: Fast Company


Daniel M. O'Brien, Kansas State University

‘Outside Forces’ Imperative For Profit in Good Corn Yields

By: High Plains Journal – October 11, 2024

“Prices will be low during the harvest season. More crop reports are ahead, but the mid-September outlooks showed “strong record yields” of 183 bushels to the acre for United States corn. I don’t think we have any argument that we have a large crop. it’s just a matter of how large. The numbers the market is trading on right now are subject to change.”

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Read more on: High Plains Journal


Aaron Smith, University of California, Davis

California Democrats Want to Slash Gas Prices, a State Climate Policy Will Raise Them

By: Times Herald – October 15, 2024

“Although that would pose a challenge to drivers, the low-carbon fuel standard is an important part of California’s climate strategy. Scientists say climate change is already intensifying natural disasters in California and nationally while driving terrifying declines in biodiversity, and maintain it poses an existential threat to humanity over the century.”

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Read more on: Times Herald


Benjamin Brown, University of Missouri

Ideal Weather Boosts Missouri Crop Output, Lowers Prices"

By: Columbia Missourian – October 15, 2024

“The 21% increase in Missouri corn yields and the 6.3% in soybean yields look so stark because 2022 and 2023 were both poor-performing years due to drought. In fact, one could make the case that Missouri was the hardest-hit state for drought during those years.”

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Read more on: Columbia Missourian


Brittney Goodrich, University of Illinois, Urbana-Champaign

Honey Bees in Demand: New Contract Strategies to Support Pollination Services

By: Phys.org – October 15, 2024

“There's about 1.3 million acres of almond trees in California, and each acre requires two honey bee hives for pollination, so that's about 2.6 million honey bee hives every year. They are coming from all over the U.S., making the trek to get there by February 15 when the almonds usually start blooming, and they stay for about a month.”

(Continued...)
Read more on: Phys.org

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