Monday, November 18, 2024

Members in the News: November 18, 2024

 

Wendong Zhang, Cornell University

China Pivot From US Farm Imports Bolsters it Against Trade War Risks

By: Reuters – November 1, 2024

“While Beijing would prefer to avoid targeting food staples in a tit-for-tat trade war, it may be forced to do so. China's retaliation would be proportional in terms of trade value and with the goal to inflict economic and political cost, which tends to lead to retaliation on agricultural products."

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Read more on: Reuters


Alejandro Gutierrez-Li, North Carolina State University

Washington State Farm Workers Worry About Boom in Legal Foreign Workers

By: The Guardian – November 14, 2024

“In [the program’s] early years, H-2A workers were primarily found on the east coast (particularly North Carolina and Florida), but with the decline in the farm labor supply, its use has become more widespread throughout the country.” The farm work force is changing: it’s ageing, fewer US workers are willing to take agricultural jobs; and crackdowns on undocumented laborers have periodically disrupted the flow of workers.

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Read more on: The Guardian


Amitrajeet Batabyal, Rochester Institute of Technology

Why We Ought to Support Carbon Pricing

By: Rochester Business Journal – November 8, 2024

“There are many advantages of carbon pricing. First, it encourages emission reductions. Specifically, by assigning a cost to carbon emissions, carbon pricing incentivizes individuals and businesses to reduce their carbon footprints. This, in turn, helps lower the overall emission levels, steering society toward more sustainable practices.”

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Read more on: Rochester Business Journal


David Ortega, Michigan State University

·         How Much Will Thanksgiving Dinner Cost This Year? MSU Experts Explain
By: Yahoo! Finance – November 8, 2024

·         Will Inflation Affect the Cost of Thanksgiving Dinner? What We Know
By: Detroit Free Press – November 12, 2024

·         High Grocery Prices Helped Trump Win Michigan. But What Can He Do About Them?
By: M Live – November 12, 2024

·         What Donald Trump’s Win Means for Inflation
By: TIME – November 11, 2024


Dan Scheitrum, California Polytechnic University
David Ortega,
Michigan State University

Sorry, Grocery Prices Aren’t Coming Down—No Matter Who’s President

By: Glamour – November 11, 2024

“There are three elements to food prices and why they’re high. The first is inflation, and most certainly, grocery price inflation has outsized other sectors of the economy. But, for the most part, economists agree that inflation has cooled off.”

“Another key focus should be on strengthening and expanding social safety nets like the Supplemental Nutrition Assistance Program, or SNAP, which directly supports the most vulnerable and ensures food affordability.”

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Read more on: Glamour


Joana Colussi, University of Illinois, Urbana-Champaign
Gary Schnitkey,
University of Illinois, Urbana-Champaign

South America Poised to Expand Soybean Acreage, Pressuring Prices Further

By: Michigan Farm News – October 29, 2024

“Argentina’s soybean acreage is expected to grow 7% to 44 million acres — the largest expansion in eight years with total production reaching 1,911 million bushels. Brazilian soybean acreage is projected to grow 2.8%, to 117 million acres, producing a record 6,101 million bushels, a 13% increase over the previous harvest. USDA now predicts global soybean stocks will hit an all-time high, increasing nearly 808 million bushels compared to the previous year.”

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Read more on: Michigan Farm News


Claudia Schmidt, Pennsylvania State University

The Spotted Lanternfly: A major Nuisance Coming to Michigan Backyards

By: M Live – November 12, 2024

“Vineyards experienced significant crop losses but growers also learned how to battle lanternflies through targeted pesticide spraying and other measures, such as vine netting. Each vineyard might be impacted differently.”

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Read more on: M Live


Ahmad Wahdat, Purdue University
Jayson Lusk,
Oklahoma State University

How Do Natural Disasters Impact Consumer Spending?

By: Marketplace – November 8, 2024

“Just before Hurricane Ian made landfall in Florida in 2022, residents bought an extra $387 million worth of food, up 128% from the week before . After Hurricane Ian, people who got those disaster benefits spent more on goods and services. There was a 9.5 percentage-point daily increase in the amount of money they spent using their debit cards.”

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Read more on: Marketplace


Edward Jaenicke, Pennsylvania State University

Say Goodbye To Food Waste - Tips Every Home Cook Should Know

By: Dizzy Busy and Hungry – November 10, 2024

“Based on our estimation, the average American household wastes 31.9% of the food it acquires. More than two-thirds of households in our study have food-waste estimates of between 20% and 50%.”

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Read more on: Dizzy Busy and Hungry


David Anderson, Texas A&M University

Ham Prices And Choices Increase Near Holidays

By: Austin County News - November 13, 2024

“The lower production is likely because several months of financial losses are beginning to take their toll on pork production. While production efficiency — more pigs per litter — have offset fewer sows, it looks as though fewer sows farrowing is starting to show up in a reduced amount of hog slaughter and overall production.”

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Read more on: Austin County News


Maria Kalaitzandonakes, University of Illinois, Urbana Champaign
David Ortega,
Michigan State University

Trump’s Plans Likely Won’t Lower Grocery Bills – Experts

By: CDN – November 15, 2024

“Lowering food prices is not great. What we would want to think about instead is, is your income keeping pace with your bills versus is your bill at the grocery store coming down.”

“food producers rely on imported goods like fertilizer, equipment and packaging materials. If they’re forced to pay more for those items, they will raise prices.”

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Read more on: CDN


Joseph Balagtas, Purdue University

Shrinkflation Nation: The Hidden Price Hike in Your Shopping Cart

By: Activist Post – November 14, 2024

“A variety of factors may influence a producer’s decision to downsize a product’s size, such as rising costs in the supply chain and inflationary pressures. The goal is to better understand how consumers perceive these reductions and if they have noticed them happening at all.”

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Read more on: Activist Post


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