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Agricultural Economics

2023

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Full-Text Articles in Agriculture

Reducing Food Scarcity: The Benefits Of Urban Farming, S.A. Claudell, Emilio Mejia Dec 2023

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 Dec 2023

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 Dec 2023

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 …


Understanding Cut Flower Consumers, Makaylie Langford, Kynda R. Curtis, Melanie Stock Dec 2023

Understanding Cut Flower Consumers, Makaylie Langford, Kynda R. Curtis, Melanie Stock

All Current Publications

This fact sheet provides information on cut flower consumers, such as floral preferences and consumer demographics and psychographics. It discusses possible ways to enhance perceived value and interest in cut flowers.


Cut Flower Markets And Marketing In The Intermountain West, Makylie Langford, Kynda R. Curtis, Melanie Stock Dec 2023

Cut Flower Markets And Marketing In The Intermountain West, Makylie Langford, Kynda R. Curtis, Melanie Stock

All Current Publications

This fact sheet discusses different markets for cut flowers in the Intermountain West, including wholesale and direct-to-consumer markets. Farmers markets, community-supported agriculture and subscription services, u-pick operations, farm venues, and online options are explored, as well as using social media to advertise and build clientele.


An Overview Of The Cut Flower Industry, Makaylie Langford, Kynda R. Curtis, Melanie Stock Dec 2023

An Overview Of The Cut Flower Industry, Makaylie Langford, Kynda R. Curtis, Melanie Stock

All Current Publications

This fact sheet provides an overview of the cut flower industry. It provides information about traditional and specialty cut flowers, comparing flowers sourced locally in Utah and internationally.


What Happens To Your Farm Or Ranch If You Become Disabled?, Jessica Groskopf Dec 2023

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.


Insights Into The Challenges Posed By Climate Change And Land Competition To Brazil’S Midwest Pulpwood Market, Roberto Hajime Sant Anna Kimura Dec 2023

Insights Into The Challenges Posed By Climate Change And Land Competition To Brazil’S Midwest Pulpwood Market, Roberto Hajime Sant Anna Kimura

Theses and Dissertations

I investigated the effect of climate change in one of the few expanding markets in the world in Brazil. In the last decades the demand for pulpwood increased from zero to 11 million tons, leading to an expansion of 700 thousand hectares of Eucalyptus plantation. In 2024, a new mill will start operating increasing the consumption of wood fiber by 8.2 million tons (+49%). I used mathematical programming to investigate how different scenarios of productivity and land will affect the market. My results showed that around 946,000 hectares (+124%) of additional timberland will be necessary in the upcoming decades. The …


Recognizing Power And Control When Planning Your Estate, Allan Vyhnalek Dec 2023

Recognizing Power And Control When Planning Your Estate, Allan Vyhnalek

Cornhusker Economics

The older generations have spent their entire professional lives using the power and control that they accumulated through hard work and their long tenures. Having them retire and give up that control and power is difficult for some in those generations. Overall, it is challenging for them to give up control or power.


What Did Higher Profit Cow-Calf Producers Do To Be More Profitable?, Randy Saner Dec 2023

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.


Origin, Rise And Development Of American Upland Cotton And Their Status At Present. Second Edition, Ed. By F.M. Bourland, J. O. Ware Dec 2023

Origin, Rise And Development Of American Upland Cotton And Their Status At Present. Second Edition, Ed. By F.M. Bourland, J. O. Ware

Research Reports and Research Bulletins

American Upland cotton (Gossypium hirsutum) is a Dixie product. Although the stocks of the species were brought from elsewhere, new types (through series of adaptational changes) formed this distinctive group—the final characteristics of which are a product of the Cotton Belt of the United States. These biological processes were considerably aided by man and the steps of development possibly were about as follows: (a) natural selection took place in the earlier introductions, (b) seed were saved from the more choice stocks, (c) series of subsequent introductions were obtained from the better sources, (d) these were acclimatized and the superior ones …


Social Media Impacts On Arkansas Consumer Perceptions Of Gmos, Elizabeth R. Berner Dec 2023

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 Dec 2023

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, …


Assessment Of Needs And Priorities For Precision Agriculture And Soil Testing In Arkansas, Solomon Frimpong Dec 2023

Assessment Of Needs And Priorities For Precision Agriculture And Soil Testing In Arkansas, Solomon Frimpong

Graduate Theses and Dissertations

Optimum crop production is needed to meet the growing population's food, water, fiber, and energy needs. However, agricultural productivity is hampered by many destabilizing factors such as pest management challenges, declining water quantity, and climate change which threaten long-term food security. Maximizing productivity will require optimizing resources through Precision Agriculture (PA) by supplying inputs based on crop needs. Precision Agriculture offers tools that can be used to optimize crop management practices globally. However, stakeholders’ perceptions and the lack of data-driven site-specific recommendations limit stakeholders’ ability to fully harness the potential benefits of PA. Identification of stakeholder needs and approaches to …


Assessing The Feasibility Of Implementing A Dairy Industry In Mauritius, Sophia Ultes Dec 2023

Assessing The Feasibility Of Implementing A Dairy Industry In Mauritius, Sophia Ultes

Economics Undergraduate Honors Theses

Mauritius faces food security and economic challenges due to its lack of a domestic dairy industry. To address this, the University of Arkansas partnered with the Ministry of Agro Industry and Food Security to explore the possibility of establishing a dairy sector on the island.

Through surveys and interviews with locals, including restaurant owners and grocery store customers, we investigated the demand for fresh milk. We also studied factors like consumer preferences and production costs. Our research, conducted with IRB approval, aimed to understand if people are willing to buy locally produced milk.

During the summer, our team visited Mauritius …


Investigation Of Breeding Objectives And Indexes-In-Retrospect, Hunter F. Valasek Dec 2023

Investigation Of Breeding Objectives And Indexes-In-Retrospect, Hunter F. Valasek

Department of Animal Science: Dissertations, Theses, and Student Research

This thesis presents two projects that investigate the impacts of breeding objectives and indexes-in-retrospect within the beef cattle industry. The first project synthesized how changes due to planning horizon, breeding system, and sale endpoint in the economic breeding goal of cattle influence the relative emphasis of traits as well as the re-ranking of selection candidates. A total of three breeding systems that represent straightbred and crossbred cattle were used along with six planning horizons (2, 5, 10, 20, 30, and 50 yrs.) for both a weaning and slaughter point of sale. The combination of these different breeding objective attributes resulted …


Agriculture And Community Well-Being: A Review Of Three Research Studies., Marilyn R. Schlake Nov 2023

Agriculture And Community Well-Being: A Review Of Three Research Studies., Marilyn R. Schlake

Cornhusker Economics

Personal observations are often obscure to the facts. For instance, recently I worked at a booth at Husker Harvest Days. The booth focused on rural community development. My observations were that many of the agricultural producers decided to not stop at our booth or for those who did stop, conversations showed a disconnect of the importance of their local community to their farm operations. Similarly, when working with communities, I have observed the lack of understanding of the importance of the agricultural producers to the local community’s well-being. Why the disconnect between these two very important components of our rural …


Evaluation Of Crocus Sativus L. Quality Using Ftir Spectroscopy, Lina M. Alnaddaf, Mohamad Nabil Ksaier, Salim F. Bamsaoud Nov 2023

Evaluation Of Crocus Sativus L. Quality Using Ftir Spectroscopy, Lina M. Alnaddaf, Mohamad Nabil Ksaier, Salim F. Bamsaoud

Hadhramout University Journal of Natural & Applied Sciences

Crocus sativus L. is one the important spices that gives food a distinctive color and taste as well as its medicinal value. Its quality can be estimated using different analysis methods. In This study we used FTIR spectroscopy to Evaluate Crocus sativus L. quality at MEDICO Lab 2023. FTIR Spectroscopy is a fast and reliable analytical method for quality saffron evaluation. The results of FTIR spectra indicated functional groups related to O-H, C=C, C=O, C-O, C(O)–O, C-H, C-H (cis-) and C-H (trans-). Also, our samples lacked the distinctive bands of the active substances of crocetin. Furthermore, …


Globalization, Climate Variability And Food Security In Pakistan: The Moderating Role Of Population Density, Shazia Kousar, Muhammad Afzal, Adeel Nasir Nov 2023

Globalization, Climate Variability And Food Security In Pakistan: The Moderating Role Of Population Density, Shazia Kousar, Muhammad Afzal, Adeel Nasir

CBER Conference

The aim of this study is twofold; first, this study examined the impact of globalization and climate variability on food security. Second, this study examined the moderating role of population density on the relationship between globalization, climate variability and food security. This study utilized the data for food security from FAO, while the data for globalization related to the KOF globalization index.


Pass-Through Entity Tax Deduction, Tina N. Barrett Nov 2023

Pass-Through Entity Tax Deduction, Tina N. Barrett

Cornhusker Economics

In 2023, the State of Nebraska became the 36th state to implement a Pass-Through Entity Tax (PTET) Deduction law. This law is in response to a change made by the federal Tax Cuts and Jobs Act of 2018 which limited the state and local tax deduction eligible for itemized deductions to $10,000. This new state law allows partnerships and s-corporations to pay the state income tax on behalf of their owners which qualifies it for a federal tax law deduction. The individuals will then receive a credit on their individual return for the tax paid on their behalf.


2024 Nebraska Crop Budgets — A Mixed Review With Some Costs Higher, Some Lower, Glennis Mcmclure Nov 2023

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 Nov 2023

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?


Will Nebraska Farms And Ranches Be Ready For Double Digit Operating Line Rates?, Jeffrey Stokes, Jim Jansen Nov 2023

Will Nebraska Farms And Ranches Be Ready For Double Digit Operating Line Rates?, Jeffrey Stokes, Jim Jansen

Cornhusker Economics

For those involved in agriculture, it has been quite a while since interest rates on farm real estate, equipment, and operating lines have been as high as they are for the industry. As the fall harvest winds down and producers focus on next year, interest rates on operating lines may cause shock. It has been over 20 years since interest rates on operating lines exceeded 10%. To better understand what may be causing interest rates on operating lines to rise, it will be beneficial to understand some basic monetary policy tools the Fed has at its disposal. The tool receiving …


How Much Nebraska Ag Land Is Owned By Foreign Entities?, Larry W. Van Tassell Nov 2023

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 …


Notes From The Brazilian Cornfields, Fabio Mattos Nov 2023

Notes From The Brazilian Cornfields, Fabio Mattos

Cornhusker Economics

In the last few months, I have been traveling in Brazil. My objective with this trip is to meet with industry professionals, government officials, and academic researchers to learn about recent developments in Brazilian agriculture and what we can expect to see in the future. I have essentially been asking people their opinions about the main developments in Brazil in the last few years and their perspectives for the future. One of the main topics that has emerged consistently in these conversations is, not surprisingly, the corn market.


Climate Change, Food Security, And The Myth Of Unlimited Abundance, Susan A. Schneider Oct 2023

Climate Change, Food Security, And The Myth Of Unlimited Abundance, Susan A. Schneider

Journal of Food Law & Policy

The Biden-Harris White House can be commended for convening the historic White House Conference on Hunger, Nutrition, and Health highlighting the critical connections between


Do Only Americans Own America? Foreign Investment In Agricultural Lands In The United States, Larry W. Van Tassell Oct 2023

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.


Diesel Tractor Fuel Efficiency And Exhaust Emissions Standards, Jerin Tekolste, Cory Walters, Michael Mccullough, Lynn Hamilton, Lia Nogueira, Roger M. Hoy Oct 2023

Diesel Tractor Fuel Efficiency And Exhaust Emissions Standards, Jerin Tekolste, Cory Walters, Michael Mccullough, Lynn Hamilton, Lia Nogueira, Roger M. Hoy

Cornhusker Economics

Diesel engine performance and costs represent crucial factors for agricultural producers while pollutants from the exhaust are largely a social concern but also important to producers. Beginning in 1970, Congress authorized the Environmental Protection Agency to regulate emissions with amendments in subsequent years (U.S. EPA, 2023). In 1996 the EPA issued strict Exhaust Emission Standards for Nonroad Compression-Ignition Engines, causing a major paradigm shift in acceptable emission levels. A primary concern coming from many manufacturers was the difficulty of designing an engine to meet these standards without compromising the engines’ power output and efficient fuel consumption (Lloyd and Cackette 2001; …


Road Maintenance Challenges: The Greatest Obstacle To Sustainable Development In South Sudan, Gai Chol Paul Oct 2023

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 …


Owning Our Identity – Celebrating Cooperatives In 2023, Charlotte Narjes Oct 2023

Owning Our Identity – Celebrating Cooperatives In 2023, Charlotte Narjes

Cornhusker Economics

Owning Our Identity is the 2023 theme to build awareness of cooperatives nationally. October has been nationally recognized as cooperative month since 1964. The following bullets in this year’s USDA Proclamation emphasize the impact of cooperatives.