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Articles 1 - 30 of 828
Full-Text Articles in Business
The Future Of The Organization Of The Petroleum Exporting Countries, Mikayla Gross
The Future Of The Organization Of The Petroleum Exporting Countries, Mikayla Gross
Honors Theses
The Organization of the Petroleum Exporting Countries (OPEC) is a multinational and intergovernmental organization that dictates the petroleum exportation policies of 13 countries: Algeria, Angola, Equatorial Guinea, Gabon, Iran, Iraq, Kuwait, Libya, Nigeria, the Republic of the Congo, Saudi Arabia, the United Arab Emirates and Venezuela (About Us, 2023). The mission of OPEC is to ensure a stable supply of petroleum through its shared policies for its Member Countries and consumers (Our Mission, 2023). Iran, Iraq, Kuwait, Saudi Arabia, and Venezuela founded OPEC in 1960 under the foundations and principles that dictated the international world order. Those foundations and principles …
Decoding Generation Z: A Perceptions Content Analysis, Olivia Larson
Decoding Generation Z: A Perceptions Content Analysis, Olivia Larson
Agricultural Education, Communications and Technology Undergraduate Honors Theses
This thesis explores the multifaceted nature of Generation Z through a content analysis, aiming to identify the range of characteristics and preferences within this cohort. By delving beyond prevalent stereotypes, this study addresses the gap in understanding regarding Generation Z's learning styles, communication preferences, work ethics, and personal values. Through examination, this research provides insights crucial for marketers and educators seeking to engage and educate Generation Z effectively.
Evaluating The Importance Of Biosecurity In Swine Operations, Lindsey Lemley, Lilly Rogers, Austin Calhoun
Evaluating The Importance Of Biosecurity In Swine Operations, Lindsey Lemley, Lilly Rogers, Austin Calhoun
ATU Research Symposium
Swine health is critical to maintaining a profitable and productive swine operation. Biosecurity and sanitation are important practices that help maintain herd health. This study aimed to discover how biosecurity protocols and management practices differ between swine operations of different sizes. With diseases such as Porcine Reproductive and Respiratory Syndrome Virus (PRRSV), Brucellosis, and Porcine Circovirus type 2 (PCV2) being common in the swine industry, a strong biosecurity protocol protects swine farmers from financial losses associated with disease outbreaks. In 2004 alone, the estimated financial loss to PRRSV was over $761 million. Data concerning biosecurity and sanitation was collected from …
Net Farm Income Impacts Net Worth Growth, Glennis Mcclure
Net Farm Income Impacts Net Worth Growth, Glennis Mcclure
Center for Agricultural Profitability
The beginning of the year is busy for businesses in finalizing records and filing annual income taxes. Farm and ranch operations are no exception. Beyond the net income or loss showing on the farm’s Schedule F, analyzing the true picture of the operation’s net farm income, and earned net worth change for the year is important.
Preparing an income statement using accrual adjustments will tell us more about the operation’s profitability and performance beyond what income tax statements provide. The income statement tells the story of revenue, expenses, and depreciation between the beginning of year balance sheet and the end …
Ideas For Estate And Transition Planning: Gifting, Jessica Groskopf
Ideas For Estate And Transition Planning: Gifting, Jessica Groskopf
Center for Agricultural Profitability
For many farm and ranch families, bringing children or grandchildren into the operation is the ultimate goal. Successfully bringing additional family members into the operation may require some creativity as all parties need to maintain a viable standard of living. This article is part of a series that will highlight ideas and tactics for bringing another family member into the operation. If this is the first article you are seeing in this series, I would encourage you to go back to the previous article for background and additional guidance.
The second tactic to transfer wealth between generations is gifting. The …
Will Saf Turbocharge The Corn Ethanol Market?, Richard Perrin, Lilyan Fulginiti, Felipe Miranda De Souza Almeida
Will Saf Turbocharge The Corn Ethanol Market?, Richard Perrin, Lilyan Fulginiti, Felipe Miranda De Souza Almeida
Cornhusker Economics
The long-run outlook for the corn ethanol industry is questionable, due to a transition to electric and hybrid vehicles. One source of hope for the long run is the potential demand for producing Sustainable Aviation Fuel (SAF). SAF is a key component in the United States Aviation Climate Action Plan, a path to net-zero greenhouse gas (GHG) emissions in the aviation industry by 2050. Demand for ethanol for SAF offers hope to the ethanol industry, but it depends a great deal on policy decisions that are being made now. Here we sketch out this story.
Based on the information available …
Retaining Heifers: Is It Worth It?, Tonya L. Meyer
Retaining Heifers: Is It Worth It?, Tonya L. Meyer
Center for Agricultural Profitability
Replacing females in the beef cow herd plays a pivotal role in a sustainable and profitable cow-calf operation. Analyzing the cost of raising replacements versus purchasing them can help make informed decisions. If retaining replacements, cattle producers must consider both the costs and potential returns associated with raising and integrating these heifers into the breeding herd. This article offers some key financial considerations.
Autonomous Roadside Mower Testing And Evaluation In Digital Twin Environments, Michael Mardikes, Ethan Brown, Timothy Wiegman, Nathan Sprague, Shreyas Supe, J. T. Evans
Autonomous Roadside Mower Testing And Evaluation In Digital Twin Environments, Michael Mardikes, Ethan Brown, Timothy Wiegman, Nathan Sprague, Shreyas Supe, J. T. Evans
Graduate Industrial Research Symposium
Modern day roadside mowing operations in Indiana are performed by contractors operating tractors that pull flex-wing mowers. These mowing operations span over 11,000 miles of road across the state and create serious risk for human operators. Autonomous mowers can provide a safer alternative, but a replacement system must demonstrate an acceptable level of trust before large-scale deployment. A high-fidelity digital-twin environment can facilitate the capability to rapidly test and evaluate platforms in their desired application, while enabling zero real-world risk, a wide range of test variables, and repeatability of a test setup. The simulation environment must be at a level …
Value Of Gain In The Lamb Feeding Industry, Jay Parsons
Value Of Gain In The Lamb Feeding Industry, Jay Parsons
Cornhusker Economics
Value of gain (VOG) is a term in the livestock feeding industry that refers to the average value of a pound of gain. It is the most appropriate revenue value to use in comparison to the cost of gain to determine profit margin.
2022 Census Of Agriculture: Nebraska Highlights, Kathleen Brooks, Bradley Lubben
2022 Census Of Agriculture: Nebraska Highlights, Kathleen Brooks, Bradley Lubben
Cornhusker Economics
In February 2024, the United States Department of Agriculture National Agricultural Statistics Service published data from the 2022 Census of Agriculture. This data is collected every five years. The current article highlights a few of the Nebraska numbers. Two significant highlights from the data are the total number of farms and the total value of production. U.S. farm numbers declined modestly in the U.S. from 2.04 million in 2017 to 1.90 million in 2022. The total value of production for U.S. farms and ranches increased substantially from $388.5 billion in 2017 to $543.1 billion in 2022. Crop production accounted for …
Bull Value Cow-Q-Lator (Bvcql): What It Is And How To Use It, Matt Stockton, Shannon Sand, Randy Saner
Bull Value Cow-Q-Lator (Bvcql): What It Is And How To Use It, Matt Stockton, Shannon Sand, Randy Saner
Center for Agricultural Profitability
It’s that time of year when commercial ranchers and cattle producers are looking to make bull purchases for their operation. With so many different breeds and types of bulls available, picking the right bull at the right price is not easy. To help in making the best selection possible the University of Nebraska-Lincoln Beef Economics Team created the Bull Value Cow-Q-Lator (BVCQL). This tool can be used to compare your current bull value with up to 10 bulls. The Bull Value Cow-Q-Lator is a spreadsheet available to download at https://cap.unl.edu/livestock/tools.
Each ranch or farm is going to have different …
Increasing Workforce Skills: The Possible Disconnect Between Employers And Potential Job Seekers, Cheryl A. Burkhart-Kriesel
Increasing Workforce Skills: The Possible Disconnect Between Employers And Potential Job Seekers, Cheryl A. Burkhart-Kriesel
Cornhusker Economics
In a multi-year survey of potential job seekers, those who are likely to change jobs in the next year or who are likely to reenter the workforce in the next year, several key training obstacles for improving their employment situation were identified. There seemed to be only slight differences in how they viewed these challenges, regardless of whether they saw their potential job as a career, a steppingstone to a career, or just a job to get by. The cost of training, the lack of available training, the distance or transportation to the training, lack of time, and the knowledge …
Paying Family Members On The Farm Or Ranch, Jessica Groskopf
Paying Family Members On The Farm Or Ranch, Jessica Groskopf
Center for Agricultural Profitability
For many farm and ranch families, bringing children or grandchildren into the operation is the ultimate goal. Successfully bringing additional family members into the operation may require some creativity as all parties need to maintain a viable standard of living. This is the first in a series of articles that will highlight ideas and tactics for bringing another family member into the operation.
One tactic is to provide new family members with monetary compensation, such as an hourly wage or salary. The total compensation should be comparable to the market value of wages to hire a non-family member to do …
The Importance Of Strategic Planning For Farmers And Ranchers, Larry Van Tassell
The Importance Of Strategic Planning For Farmers And Ranchers, Larry Van Tassell
Center for Agricultural Profitability
Planning, or more specifically, strategic planning, is a process of defining long-term goals and objectives of an organization and determining the best course of action to achieve them. It involves such steps as defining the current situation, identifying strengths, weaknesses, opportunities, and threats, and developing a plan of action to take advantage of opportunities and overcome challenges. Parsons (2018) outlined six key components of a business plan and why a farm or ranch should make the effort to develop a business plan.
Slight Cost Of Production Changes Noted In The 2024 Nebraska Crop Enterprise Budgets, Glennis Mcmclure
Slight Cost Of Production Changes Noted In The 2024 Nebraska Crop Enterprise Budgets, Glennis Mcmclure
Cornhusker Economics
The Nebraska crop budgets are available for the 2024 production season. The 84 enterprise budgets prepared in the October 2023 timeframe use input prices collected as of that time. Overall, estimates reflect slight cost of production decreases in the budgets when compared to the 2023 cost estimates. For 2024, the main drivers of cost decreases are due to decreased fuel and fertilizer costs. In some cases, pesticide costs decreased, yet for some of those products, prices increased. Seed and interest costs have increased for 2024 adding to cash expenses, while land opportunity costs and depreciation costs have continued to rise …
Program Requirements For Beef Cattle Certified As Usda Organic, Carsten Loseke, Elliott James Dennis
Program Requirements For Beef Cattle Certified As Usda Organic, Carsten Loseke, Elliott James Dennis
Cornhusker Economics
This document provides an overview of the use and production of the USDA Certified Organic program for the beef cattle industry, with an emphasis on the state of Nebraska. We detail what cattle qualify, feed requirements, medical and health standards of cattle, and premiums paid by consumers for USDA certified organic products. All information is taken from the Organic Foods Production Act Provisions available in the Federal Register.
Perceptions Of Available Funding Opportunities For West Tennessee’S Young And Beginning Row Crop Farmers, Logan Meeks
Perceptions Of Available Funding Opportunities For West Tennessee’S Young And Beginning Row Crop Farmers, Logan Meeks
Murray State Theses and Dissertations
Research quickly identified many different avenues of funding available to new and beginning traditional row-crop farmers in Tennessee, but questions surrounding local farmers’ knowledge of these opportunities are in question. Many programs specific to the New and Beginning Farmer demographic boasted the potential benefits of using these programs as well as the good work these programs are accomplishing. The current increase in cost of traditional row-crop funding continues to drive the need for more funding resources with New and Beginning Farmers. Providing resources of where farmers can find the best available funds for their operation will expand the level of …
Reducing Food Scarcity: The Benefits Of Urban Farming, S.A. Claudell, Emilio Mejia
Reducing Food Scarcity: The Benefits Of Urban Farming, S.A. Claudell, Emilio Mejia
Journal of Nonprofit Innovation
Urban farming can enhance the lives of communities and help reduce food scarcity. This paper presents a conceptual prototype of an efficient urban farming community that can be scaled for a single apartment building or an entire community across all global geoeconomics regions, including densely populated cities and rural, developing towns and communities. When deployed in coordination with smart crop choices, local farm support, and efficient transportation then the result isn’t just sustainability, but also increasing fresh produce accessibility, optimizing nutritional value, eliminating the use of ‘forever chemicals’, reducing transportation costs, and fostering global environmental benefits.
Imagine Doris, who is …
One-Participant 401(K): Saving For Retirement And Reducing Taxes, Jessica Groskopf, Cory Walters, Doug Nelson
One-Participant 401(K): Saving For Retirement And Reducing Taxes, Jessica Groskopf, Cory Walters, Doug Nelson
Center for Agricultural Profitability
The adage that farmers and ranchers are often asset-rich and cash poor does indeed appear to be true! According to the United States Department of Agriculture (USDA), just forty percent of farmers contribute to a retirement plan. And because many farmers and ranchers invest profits in their business rather than take a high salary, they show little income on their tax returns. This means they will have paid less into Social Security and their benefits will be lower when they retire. This can create cash flow challenges, especially for an older generation of farm and ranch families wanting to bring …
One-Participant 401(K) As A Tool For Farmers And Ranchers, Jessica Groskopf, Cory Walters, Doug Nelson
One-Participant 401(K) As A Tool For Farmers And Ranchers, Jessica Groskopf, Cory Walters, Doug Nelson
Center for Agricultural Profitability
According to USDA, only 40% of farm households participate in some type of retirement account. For self-employed farmers and ranchers without full-time employees, the opportunity to invest in a One-Participant 401(k) plan is a way to (1) save money for retirement, (2) reduce taxable income, and (3) provide the potential option to borrow from the plan. This series of articles will review these features.
What is a One-Participant 401(k)?
The One-Participant 401(k)is a qualified retirement plan designed specifically for business owners with no full-time employees other than the business owners and their spouses. Visit with your financial planner and tax …
What Happens To Your Farm Or Ranch If You Become Disabled?, Jessica Groskopf
What Happens To Your Farm Or Ranch If You Become Disabled?, Jessica Groskopf
Center for Agricultural Profitability
Estate and transition planning often focuses on what happens to the farm or ranch at the death of a key person. However, a good estate and transition plan should also include contingencies for disability. Planning for a disability is not an easy task because the severity and duration of the disability are unknown. This article offers some key items to have in place to protect you and your operation from disability.
What Did Higher Profit Cow-Calf Producers Do To Be More Profitable?, Randy Saner
What Did Higher Profit Cow-Calf Producers Do To Be More Profitable?, Randy Saner
Center for Agricultural Profitability
Cow-calf producers are always looking at ways to cut costs and improve profits. Looking at recent data from the University of Minnesota Center for Financial Management, FINBIN Livestock Analysis for 2022 representing cow-calf operations from Nebraska, South Dakota, and North Dakota can provide producers with some ideas on ways to improve profitability.
Social Media Impacts On Arkansas Consumer Perceptions Of Gmos, Elizabeth R. Berner
Social Media Impacts On Arkansas Consumer Perceptions Of Gmos, Elizabeth R. Berner
Graduate Theses and Dissertations
This study builds upon previous consumer perceptions of GMOs studies. A need existed to determine what, if any, effects social media messages about GMOs had on consumer perceptions in Arkansas. The study utilized a qualitative approach with three focus groups. Data were analyzed using descriptive code. Participants were found to have a general understanding of GMOs, though discussion about what a GMO product was took an uncertain tone. Most participants did not consider GMOs as a factor when purchasing products. Rather participants considered characteristics such as price, quality, and convenience. Participants did not believe the infographics had changed their opinions …
Western Australia’S Primary Industries: 2021-22 Economic Overview, D. Maharjan, S. Akbari, A.K. Abadi Ghadim, P. Mattingley, I. Wilkinson, J. Tan, J. Van Staden, M. Radhakrishnan
Western Australia’S Primary Industries: 2021-22 Economic Overview, D. Maharjan, S. Akbari, A.K. Abadi Ghadim, P. Mattingley, I. Wilkinson, J. Tan, J. Van Staden, M. Radhakrishnan
All other publications
The Western Australia’s Primary Industries: 2021-22 Economic Overview (WAPIEO) is developed by DPIRD in partnership with the Forest Products Commission.
The WAPIEO has a trade focus and provides a single source for consistent statistics and insights on observed industry trends.
Director General Statement
Western Australia’s primary industries sector is a significant contributor to the state’s economic diversification. Supported by strong international trading relationships, it is also a major export industry with around 60% of our agriculture, fisheries, forestry and food production exported to over 150 international markets.
The agriculture, fisheries and forestry industries are also significant contributors to our economy, …
Navigating Leadership Pathways: Learning Module Development, Alana Skogen
Navigating Leadership Pathways: Learning Module Development, Alana Skogen
Agricultural Education, Communications and Technology Undergraduate Honors Theses
Navigating Leadership Pathways is an innovative learning initiative designed to address the challenges and barriers faced by women in their pursuit of mid to high-level leadership positions. Comprising three self-paced modules, this project delves into the intricate landscape of gender bias, second-generation biases, and cultural norms that hinder women's progression in the workplace. Drawing on extensive research and real-world insights, each module provides a dynamic and interactive learning experience.
Module 1: Introduction to Gender Bias in Leadership
This module lays the foundation by exploring second-generation biases, leadership style differences between men and women, the glass ceiling, diversity, and inclusion. Participants …
2024 Nebraska Crop Budgets — A Mixed Review With Some Costs Higher, Some Lower, Glennis Mcmclure
2024 Nebraska Crop Budgets — A Mixed Review With Some Costs Higher, Some Lower, Glennis Mcmclure
Center for Agricultural Profitability
While field operation costs are projected higher for the 2024 Nebraska crop enterprises, some material input costs are lower than were projected for 2023. One driving force on lower cost projections for 2024 is 20% to 40% less on fertilizer prices is factored in on many budgets, and five pounds less nitrogen fertilizer was entered for a majority of the corn budgets due to continued improvement of application practices. Cost scenarios for individual producers can vary based on their timing of input purchases and price variabilities. The 84 1Nebraska crop budgets are now available online in three formats with a …
What Is Irs Section 180 And How Does It Work?, Shannon Sand
What Is Irs Section 180 And How Does It Work?, Shannon Sand
Center for Agricultural Profitability
With recent land purchases, some are asking questions to learn more about IRS Section 180 and how it may provide tax deductions in the year of purchase. Let’s explore more about this tax code.
What is this code, you may be asking yourself, and what may it have to do with the purchased ground?
How Much Nebraska Ag Land Is Owned By Foreign Entities?, Larry W. Van Tassell
How Much Nebraska Ag Land Is Owned By Foreign Entities?, Larry W. Van Tassell
Center for Agricultural Profitability
The Agricultural Foreign Investment Disclosure Act of 1973 (AFIDA) established a mandatory reporting system, overseen by the USDA, that requires foreign entities to provide information on all U.S. agricultural and non-agricultural land in which they hold an interest. “Interest” is reported as a fee interest (legal possession of both the surface and mineral rights), partial fee interest (must state percent ownership), life estate, trust beneficiary, purchase contract, or other. “Other” includes leases that are 10-years or longer. The regulations exempt foreign entities with interests solely in mineral rights and leases of less than 10 years in duration from reporting. In …
Do Only Americans Own America? Foreign Investment In Agricultural Lands In The United States, Larry W. Van Tassell
Do Only Americans Own America? Foreign Investment In Agricultural Lands In The United States, Larry W. Van Tassell
Center for Agricultural Profitability
Foreign investment in the United States, while not a new phenomenon, has recently caught the attention of the American public and members of the U.S. House and Senate after an Air Force officer raised concerns when the Fufeng Group, based in Shandong, China, purchased 300 acres of farmland 12 miles from an Air Force base in Grand Forks, North Dakota, to build a corn milling plant (Javers, 2022). National security concerns prompted the U.S. Senate to propose a bill prohibiting the purchase of land in the U.S. by companies or individuals from China, North Korea, Iran, or Russia.
Road Maintenance Challenges: The Greatest Obstacle To Sustainable Development In South Sudan, Gai Chol Paul
Road Maintenance Challenges: The Greatest Obstacle To Sustainable Development In South Sudan, Gai Chol Paul
Journal of Sustainable Social Change
Road infrastructure plays a crucial role in the sustainable development of any nation. It connects communities, facilitates trade, and enables essential service delivery. However, road maintenance is one of the most significant challenges hindering sustainable development in South Sudan. The poor roads hinder economic growth, access to essential services, and social cohesion and are in dire need of repair and upkeep. Thus, I developed this qualitative multiple-case study to explore challenges that hinder road maintenance in South Sudan. I collected data through document review and semi-structured interviews with four road engineers, and then thematically analyzed the gathered data. Three themes …