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Full-Text Articles in Life Sciences
A Note On The Implications Of Brexit, E. Wesley F. Peterson, Marianna Khachaturyan
A Note On The Implications Of Brexit, E. Wesley F. Peterson, Marianna Khachaturyan
Cornhusker Economics
On June 23, 2016, the citizens of the United Kingdom (UK) voted by a narrow margin to withdraw from the European Union (EU) and on October 2, 2016, the recently chosen Prime Minister, Theresa May, announced that her government would invoke Article 50 of the Lisbon Treaty by the end of March 2017 triggering the process of exiting the EU. The purpose of this note is to review the history of the EU and the procedures a country has to follow to withdraw from it. The implications of the British exit, commonly referred to as “Brexit,” for US-European trade and …
How Have Retail Sales Changed Across Nebraska Counties Since 1990?, Anil Giri, Bruce Johnson
How Have Retail Sales Changed Across Nebraska Counties Since 1990?, Anil Giri, Bruce Johnson
Cornhusker Economics
Retailing is an important sector of our state’s economy and is watched carefully as an indicator of overall economic performance. Since the metropolitan areas serve as retail centers for larger geographic areas, the volume of retail activity generated is certainly an important metric to those places. But this is also true in the smaller towns and cities across the state, which are constantly competing against the large super stores and outlets found in the larger cities/towns within acceptable drive time. Moreover, the trend towards greater online retail sales due to offering of a wide variety of goods and services with …
Barriers To Successful Farm/Ranch Business Transfers, Dave Goeller
Barriers To Successful Farm/Ranch Business Transfers, Dave Goeller
Cornhusker Economics
Many farm and ranch business owners desire a successor, someone who will continue the business after the current owner retires and/or eventually dies. Finding the right person is obviously the first step in the business succession process. Some have found a family member who is interested in taking over the business. Some have found a neighbor or friend and others have made connections with complete strangers. Most often the successor is a family member, a child, grandchild, niece or nephew, but finding the right person does not automatically equal success. There are barriers that prove quite difficult in many cases. …
Downstream Pollution 2: Does Framing Affect Genders Differently?, Marianna Khachaturyan, Natalia Czap, Gary D. Lynne
Downstream Pollution 2: Does Framing Affect Genders Differently?, Marianna Khachaturyan, Natalia Czap, Gary D. Lynne
Cornhusker Economics
About a year ago we published the article “Downstream Pollution: Do Gender and Emotion Matter” (Cornhusker Economics, September 23, 2015) reporting the gender effects with respect to expressing positive and negative emotions in the downstream pollution game. We found that expressing positive emotions does not result in higher levels of conservation and, thus, does not significantly affect the quality of downstream water regardless of the gender of the polluter. At the same time, expressing negative emotions was more effective in increasing conservation and achieving cleaner water downstream. Notably, in contrast to our expectations, men responded to negative emotions with a …
Nebraska Livestock Expansion Policies, J. David Aiken
Nebraska Livestock Expansion Policies, J. David Aiken
Cornhusker Economics
Livestock expansion in Nebraska is often contentious. Supporters of livestock expansion accomplished a major policy objective in the 2016 legislative session with the adoption of LB176 which authorizes swine processors to contract with producers to grow processor-owned hogs. In addition, the draft LB106 livestock site assessment zoning matrix was released this summer. This newsletter explores the possible impact of these developments for expanded livestock production in Nebraska.
Broadband Availability Increased Significantly 2010 - 2015, Charlotte Narjes
Broadband Availability Increased Significantly 2010 - 2015, Charlotte Narjes
Cornhusker Economics
Nebraska’s broadband vision is that residents, businesses, government entities, community partners, and visitors have access to affordable broadband service and have the necessary skills to effectively utilize broadband technologies. Nebraska Statewide Broadband Plan adopted 2014.
Economic Inequality And Changing Family Structure, Marianna Khachaturyan, E. Wesley F. Peterson
Economic Inequality And Changing Family Structure, Marianna Khachaturyan, E. Wesley F. Peterson
Cornhusker Economics
Rising economic inequality in the United States and around the world is widely seen as an important public policy issue. While academic social scientists have long been interested in the causes and consequences of inequality, the economic situation in the aftermath of the Great Recession of 2008-09 has stimulated increased public awareness of this issue along with an outpouring of books and articles aimed at understanding it. Explanations for the current increase in the level of inequality draw attention to technological change, globalization, the declining influence of labor unions, and public policies among many other causes. In addition, many analysts …
2016 Nebraska Farmland Values And Rental Rates, Jim Jansen, Roger Wilson
2016 Nebraska Farmland Values And Rental Rates, Jim Jansen, Roger Wilson
Cornhusker Economics
Landlords in Nebraska rent out nearly 20.1 million acres or nearly 45 percent of the 45 million acres of farmland across the state (USDA NASS, 2015). The Nebraska Farm Real Estate Market Highlights Report 2015-2016 provides recent trends on land values and rental rates for landlords, tenants, and stakeholders in the state. Findings from the survey summarize current market values and rental rates for agricultural land across the eight Nebraska Agricultural Statistic Districts.
Commodity Trading Room Comes On-Line At Unl, Larry Van Tassell, Fabio Mattos, Jeff Peterson
Commodity Trading Room Comes On-Line At Unl, Larry Van Tassell, Fabio Mattos, Jeff Peterson
Cornhusker Economics
Commodity markets are central to Nebraska抯 economy. The study of agricultural marketing concepts, tools and strategies as they relate to risk management for agricultural producers, commodity merchandisers, processors and other traders are essential for students seeking a career in the agribusiness industry.
Farm Program Update: Arc And Plc Support, Bradley D. Lubben
Farm Program Update: Arc And Plc Support, Bradley D. Lubben
Cornhusker Economics
As commodity prices have fallen substantially since 2012, crop revenue and farm income have suffered. To illustrate, the national marketing year average price for corn has fallen from a record high of $6.89 per bushel in the 2012/2013 marketing year to a projected $3.50 per bushel for the 2016/2017 marketing year, based on supply and demand estimates published by USDA in June. With similar price weakness across other crops, the impact on crop revenue and farm income has been dramatic. U.S. net farm income is projected to fall to $54.8 billion for 2016, more than 50% below the record $123.3 …
2016 Nebraska Farm Custom Rates Statewide Survey Summary, Jim Jansen, Roger Wilson
2016 Nebraska Farm Custom Rates Statewide Survey Summary, Jim Jansen, Roger Wilson
Cornhusker Economics
Many Nebraska agricultural producers hire custom operators to perform machinery services for their farms and ranches across the state. The 2016 Nebraska Custom Rates Survey summarizes the current rates charged for specific machinery operations. Prices paid for these services become more critical as profit margins tighten because of lower commodity prices.
Working Capital Is Disappearing, Tina Barrett
Working Capital Is Disappearing, Tina Barrett
Cornhusker Economics
Why is everyone talking about working Capital? It seems just about every farm management topic/ article/presentation is talking about working capital these days. We’ve heard experts talk about “Cash is King” for years but why is it really important?
Rural Grocery Stores-More Than Just Groceries, Jim Crandall
Rural Grocery Stores-More Than Just Groceries, Jim Crandall
Cornhusker Economics
The National Rural Grocery Summit was held this week in Wichita, KS hosted by Kansas State University's Center for Engagement and Community Development. This was the 5th summit which is held every other year, focused on the Rural Grocery Initiative (RGI) "Strengthening Our Stores, Strengthening our Communities" program.
Annual Forage Production Insurance, Jay Parsons
Annual Forage Production Insurance, Jay Parsons
Cornhusker Economics
Annual crops planted for forage production are increasing throughout Nebraska. Historically, this production would have fallen outside of normal crop insurance coverage options. However, in 2014, the Annual Forage Insurance Plan was offered for the first time from the USDA - Risk Management Agency (RMA) as a pilot program for the states of Nebraska, North Dakota, South Dakota, Kansas, Oklahoma, and Texas. It was expanded to include Colorado in 2016.
North Central Extension Risk Management Education Center, Christine Lockert, Bradley D. Lubben
North Central Extension Risk Management Education Center, Christine Lockert, Bradley D. Lubben
Cornhusker Economics
After peaking over $120 billion in 2013, U.S. net farm income fell to $56 billion in 2015 with projections of $54 billion for 2016, the lowest level since 2002 (USDA Economic Research Service). The large drop from 2013 to 2016 after nearly a decade of strong growth in agricultural income presents a substantial challenge to agricultural producers and an increased need to carefully manage risk on the farm or ranch.
National Agri-Marketing Association Annual Conference Networking Opportunities For Unl Students, Caleb Nuehring, Rosalee Swartz
National Agri-Marketing Association Annual Conference Networking Opportunities For Unl Students, Caleb Nuehring, Rosalee Swartz
Cornhusker Economics
The National Agri-Marketing Association (NAMA) annual conference April 12-15 in Kansas City, MO, provided plenty of opportunities for undergraduate students from across the nation and Canada to network with agribusiness industry professionals. Eleven UNL students and two guests, Brazilian students from the University of Sao Paulo ESALQ, attended the NAMA conference this year.
Unemployment In Ag-Dominant States During And After The Great Recession, Anil Giri, Kyle Lovercamp, Sankalp Sharma
Unemployment In Ag-Dominant States During And After The Great Recession, Anil Giri, Kyle Lovercamp, Sankalp Sharma
Cornhusker Economics
The United States and the world saw a major economic decline at the end of 2007. A recession is defined as two or more consecutive quarters of negative economic growth. This one was so severe that it was given a name -- The Great Recession --and called the worst economic crisis since The Great Depression. In the United States more than 7.5 million jobs were lost, doubling the unemployment rate (Grusky, D. B. et al, 2011). There have been several investigations into the causes of the economic recession. The general conclusion is that there were complex and interlinked factors behind …
Ensuring Nonprofit Impacts Through Strategic Planning, Marilyn Schlake
Ensuring Nonprofit Impacts Through Strategic Planning, Marilyn Schlake
Cornhusker Economics
Like most states, Nebraska has a vibrant nonprofit sector that fulfills a very important role in our rural and urban communities. Nonprofits contribute to the health and welfare of our communities, build social capital through education investments, and enhance the quality of life through new recreational facilities, low-income housing, museums and numerous other ways that benefit community members.
Lb176 Packer Feeding Bill Enacted, J. David Aiken
Lb176 Packer Feeding Bill Enacted, J. David Aiken
Cornhusker Economics
Legislative Bill 176 authorizes custom feeding contracts between packers and Nebraska pork producers. This newsletter discusses the background of packer feeding in Nebraska as well as the LB176 amendments increasing contract producer protections.
Role Of Social Networks And Individual Endowments In Meeting Fundraising Targets: An Economic Experiment, Simanti Banerjee, Ursula Kreitmair, James Walker
Role Of Social Networks And Individual Endowments In Meeting Fundraising Targets: An Economic Experiment, Simanti Banerjee, Ursula Kreitmair, James Walker
Cornhusker Economics
No abstract provided.
Addressing Rural Healthcare Disparities Using Behavioral Economic Insights, Jordyn Bader, Christopher Gustafson
Addressing Rural Healthcare Disparities Using Behavioral Economic Insights, Jordyn Bader, Christopher Gustafson
Cornhusker Economics
Nonmetropolitan residents, those living outside central urbanized areas greater than 50,000 in population, are one of the largest medically underserved populations in the United States. Twenty percent of the U.S. population lives in nonmetropolitan areas, yet only nine percent of primary care providers are practicing in such areas (Rosenblatt and Hart 2000, 348). In addition to a geographic imbalance of healthcare practitioners, nonmetropolitan residents suffer from higher rates of chronic diseases and disability, report higher levels of obesity, are older on average, and are more likely to report being in fair or poor health than their metropolitan counterparts (Ricketts 2000, …
Update On Agricultural Trade: Tpa, Tpp, And Ttip, E. Wesley F. Peterson, Marianna Khachaturyan
Update On Agricultural Trade: Tpa, Tpp, And Ttip, E. Wesley F. Peterson, Marianna Khachaturyan
Cornhusker Economics
International trade is important for Nebraska and U.S. agriculture. Export sales account for about 27% of gross farm receipts in Nebraska, 32% for the United States as a whole. Consumers also benefit from agricultural trade which assures a steady supply of consumer goods ranging from tropical fruits to chocolate, coffee, and other goods that have become essential elements in consumer food baskets. Beginning in the 1990s, serious efforts to lower barriers to agricultural trade have been undertaken by parties to the World Trade Organization (WTO) as well as through regional trade agreements such as NAFTA. While substantial progress on agricultural …
2016 Trends In Nebraska Farmland Markets: Farming And Ranching On The Margin, Jim Jansen, Roger Wilson
2016 Trends In Nebraska Farmland Markets: Farming And Ranching On The Margin, Jim Jansen, Roger Wilson
Cornhusker Economics
Agricultural commodity markets continued their decline in 2015 and 2016 as producers across Nebraska faced lower prices for crops and livestock. Lower values have resulted in tighter margins for servicing rent or debt payments. Preliminary findings from the University of Nebraska-Lincoln Nebraska Farm Real Estate Market Survey 2016 indicate that as of February 1, 2016 the weighted average farmland value declined by about 4 percent over the prior 12-month period to $3,135 per acre (Figure 1 and Table 1). This decline marks the second consecutive year of lower weighted average farmland values in Nebraska.
2016 Nebraska Corn Production Net Income Risk, Cory Walters, Tina Barrett, Richard Preston
2016 Nebraska Corn Production Net Income Risk, Cory Walters, Tina Barrett, Richard Preston
Cornhusker Economics
Nebraska corn producers are entering the production year with low grain prices, uncertainty associated with both harvest prices and yields and high production costs resulting in increased chances of financial losses than recently experienced. To help manage the risk of experiencing large financial losses, producers can purchase crop insurance which acts as a source of income when crop revenue turns out to be low. However, not all financial losses can be fully protected by crop insurance; therefore, producers are required to pick up the remainder in order to survive. The intent of this article is to provide guidance on financial …
Risk Perceptions And Food Safety Enhancing Technologies – Does Information Matter?, Kofi Britwum, Emie Yiannaka
Risk Perceptions And Food Safety Enhancing Technologies – Does Information Matter?, Kofi Britwum, Emie Yiannaka
Cornhusker Economics
The recent cases of human E. coli infections linked to Chipotle Mexican Grill in mid- October to November of 2015 brought the issue of food safety into the limelight. The outbreaks which were first detected in the Seattle Washington and Portland Oregon areas, were also reported in 7 other states, altogether leaving about 50 persons infected. Following a report about the outbreak by the Centers for Disease Control, Chipotle's sales for the last quarter of 2015 plunged by nearly 15% (Bloomberg News, Jan 6, 2016), adding to other costs incurred due to the outbreak such as medical expenses of the …
Saving Roundup Ready® Soybean Seed, Cory Walters, Stephen C. Mason
Saving Roundup Ready® Soybean Seed, Cory Walters, Stephen C. Mason
Cornhusker Economics
Development of glyphosate resistant transgenes started in the early 1980s and was commercially introduced in soybean varieties in 1996 as Roundup Ready?(hereafter referred to as RR1) (SourceWatch, 2012). Producers perceived that the more effective, easier, and less expensive weed control associated with these varieties outweighed the economic loss from lower yields (Gurian-Sherman, 2009). In 2008, the Roundup Ready 2 Yield varieties were commercialized as Genuity?Roundup Ready 2 Yield?(hereafter referred to as RR2Y) in 2010 (SourceWatch, 2012). RR2Y soybean varieties have been rapidly replacing the RR1 varieties in the marketplace.
Commodity Indices And Futures Markets, Fabio Mattos
Commodity Indices And Futures Markets, Fabio Mattos
Cornhusker Economics
The beginning of the year always brings news about commodity indices, particularly the annual changes in their composition. Actually, the rebalancing of several indices has been in the news for the last few months. Just to mention a couple of examples, on November 15, the Financial Times commented that "the impending reshuffle of the two main commodity benchmarks-the Standard and Poor's-Goldman Sachs Index (S&P GSCI) and Bloomberg Commodity Index (BCOM) - means that the futures contracts for livestock will see $780m worth of buying by fund managers, as both indices have increased the weightings of cattle and hogs." On January …
Buying Bulls By Value, Matthew C. Stockton, Roger Wilson
Buying Bulls By Value, Matthew C. Stockton, Roger Wilson
Cornhusker Economics
Choosing the right bull for your herd is a complex decision involving many factors including the type of person you are, the type of cows in your herd, and the type of calf you are marketing. If you are only interested in producing terminal market animals you would likely select a herd sire strictly for growth and carcass qualities. Whereas, if you sell weaned calves and keep your own replacement females, you may be more likely to focus on bulls with more maternal traits.
2016 Cow-Calf Production Shows Less Profitability, Roger Wilson
2016 Cow-Calf Production Shows Less Profitability, Roger Wilson
Cornhusker Economics
Economics Department formulated four cowcalf budgets. The Sandhills Cow/Calf Producer Budget is for a herd of 500 cows and the data is from a panel of producers in Cherry County. The remaining three budgets are the 50-cow herd located in the panhandle of the state, and the 300- and 750-head Cow Herd System generally located in and around Custer County. These last three budgets were compiled from producer survey data collected for this purpose. Budgets are available online at http:// farm.unl.edu/beef#budgets.
2015 Legislative Review & 2016 Preview, J. David Aiken
2015 Legislative Review & 2016 Preview, J. David Aiken
Cornhusker Economics
This newsletter reviews major 2015 legislation affecting agriculture and briefly previews some potential issues in 2016.