Economics Commons^™

The Impacts Of Social Activism And Corporate Social Responsibility On Food Fraud, Anubrata Deka, Emie Yiannaka, Konstantinos Giannakas

Cornhusker Economics

A recent report finds that 86% of Americans expect for-profit companies to be active in addressing social and environmental issues (Porter Novelli/Cone 2019). In addition to benefiting society, engagement in prosocial behavior, known as corporate social responsibility (CSR), can improve a firm’s competitiveness and economic performance. Engagement in proactive CSR can enhance a firm’s relationship with the public by building its reputation of being a trustworthy, credible and responsible citizen. Studies have argued that the reputation firms develop through CSR activities can provide ‘insurance-like’ protection from future negative publicity and attacks on the firm (Godfrey et al. 2009; Gardberg and …

Weather Impacts The Agricultural Production Efficiency Of Wheat: The Importance Of Precipitation Shocks, Bowen Chen, Elliott James Dennis, Allen M. Featherstone

Cornhusker Economics

Weather affects the production environment that farmers face and, in some cases, can affect their ability to efficiently convert production inputs into outputs. Despite that the effect of weather shocks on agricultural production has been well documented (Donaldson, 1968; Ito and Kurosaki, 2009; Schlenker and Roberts, 2009; Tack, Barkley, and Nalley, 2015), few studies have accounted for the weather as a source of production inefficiency or lower agricultural productivity. In a recently published paper, we showed the effects that weather has on the production efficiency of winter wheat farms and discussed some of the implications that climate change could …

Effects Of Foliar Application Of Zno Nanoparticles On Lentil Production, Stress Level And Nutritional Seed Quality Under Field Conditions, Marek Kolenčík, Dávid Ernst, Matej Komár, Martin Urík, Martin Šebesta, Ľuba Ďurišová, Marek Bujdoš, Ivan Černý, Juraj Chlpík, Martin Juriga, Ramakanth Illa, Yu Qian, Huan Feng, Gabriela Kratošová, Karla Čech Barabaszová, Ladislav Ducsay, Elena Aydın

Department of Earth and Environmental Studies Faculty Scholarship and Creative Works

Nanotechnology offers new opportunities for the development of novel materials and strategies that improve technology and industry. This applies especially to agriculture, and our previous field studies have indicated that zinc oxide nanoparticles provide promising nano-fertilizer dispersion in sustainable agriculture. However, little is known about the precise ZnO-NP effects on legumes. Herein, 1 mg·L⁻¹ ZnO-NP spray was dispersed on lentil plants to establish the direct NP effects on lentil production, seed nutritional quality, and stress response under field conditions. Although ZnO-NP exposure positively affected yield, thousand-seed weight and the number of pods per plant, there was no statistically significant …

Relationships Between Reported Pandemic Impacts And Well-Being Of Rural Nebraskans, Rebecca J. Vogt

Cornhusker Economics

Since March of 2020, the coronavirus pandemic has impacted Nebraskans in many ways, including their physical health, mental health, work, and socialization. The 2021 Nebraska Rural Poll examined to what extent various elements of life were affected or disrupted by the pandemic as well as respondents’ general assessments of their well-being. Did rural Nebraskans’ assessments of the impacts the pandemic has had on their lives correlate with their assessment of their well-being?

Insights Into Nebraska Rural Grocery Store Ownership, Marilyn R. Schlake, Shawn Kaskie, Greg Mckee, Charlotte Narjes, Jason Tuller, John Westra

Cornhusker Economics

In Fall 2020, University of Nebraska-Lincoln researchers started a research project to better understand the perceptions and experiences of transitioning a rural grocery store to new ownership. The project is part of the Heartland Challenge program funded by the Ewing Marion Kauffman Foundation. Researchers conducted a survey of Nebraska rural grocers to seek their input and determine future research directions. Sixty-seven of the 216 distributed surveys were completed either electronically or by print. Survey questions pertained to challenges and opportunities owners experienced while operating a rural grocery operation, community support and involvement in store transition, and motivations for continued operation …

Rural Business Development Corporation Annual Report 2022, Department Of Primary Industries And Regional Development, Western Australia

All other publications

In accordance with section 63 of the Financial Management Act 2006, we hereby submit for your information and presentation to Parliament, the annual report of the Rural Business Development Corporation for the reporting period ended 30 June 2023.

The annual report has been prepared in accordance with the provisions of the Financial Management Act 2006 and the Rural Business Development Corporation Act 2000.

Driver Liability For Farm And Ranch Operations, Jessica Groskopf

Cornhusker Economics

One major concern of farming and/or ranching operations is the liability of semi-trucks and equipment when they are involved in a traffic accident.

Mistakes In Difficult Conversations, Allan Vyhnalek

Cornhusker Economics

Farm families that work together across the family tree and across generations seem to encounter difficulty from time to time when separating “family” from “business.” Having clear, consistent, and honest communications will go a long way towards reducing the troubles that can arise in difficult conversations. This article addresses those troubles.

South Dakota Farmers’ Perceived Extreme Weather Frequency And Adaptation Measures, Tong Wang, Jim Ristau

South Dakota Farm Survey

Researchers at South Dakota State University (SDSU) conducted surveys of eastern South Dakota (SD) commodity crop producers with the support of the South Dakota Corn Utilization Council. Using publicly available addresses of government program participants, a random sample of 3,000 producers were sent the survey in 2018. 650 were ineligible and 708 responded to the survey for a response rate of 30%. In 2021, the same producers who took the survey in 2018 were asked to take a follow up survey. 94 were ineligible, and 350 responded for a 59% response rate. Producers could take the survey online or via …

South Dakota Farmers’ Perceived Value Of Carbon Credits, Tong Wang, Jim Ristau

South Dakota Farm Survey

Researchers at South Dakota State University (SDSU) conducted surveys with South Dakota commodity crop producers in the eastern part of the state in both 2018 and 2021. Producers could take the survey online or via mail and were asked questions about their farm, farming practices including usage of soil and water conservation practices, challenges and benefits to using conservation practices, and their attitudes about the environment. Using publicly available addresses from the Farm Service Agency of government program participants, a random sample of 3,000 producers were sent the survey in 2018. 650 were ineligible, and 708 responded to the survey …

South Dakota Farmers’ Usage Of Integrated Crop & Livestock Management, Tong Wang, Jim Ristau

South Dakota Farm Survey

Researchers at South Dakota State University (SDSU) conducted producer surveys in the eastern part of South Dakota in both 2018 and 2021. Producers could take the survey online or via mail and were asked questions about their farm, farming practices including usage of soil and water conservation practices, and their values. Using publicly available addresses from the Farm Service Agency, a random sample of 3,000 producers were sent the survey in 2018. 650 were ineligible, and 708 responded to the survey for a response rate of 30%. In 2021, the same producers who took the survey in 2018 were asked …

South Dakota Farmer Survey Chemical Use On Cropland, Tong Wang, Jim Ristau

South Dakota Farm Survey

Researchers at South Dakota State University (SDSU) conducted surveys with South Dakota (SD) commodity crop producers in the eastern part of the state in both 2018 and 2021. Producers could take the survey online or via mail and were asked questions about their farm, farming practices including usage of soil and water conservation practices, challenges, and benefits to using conservation practices, and their attitudes about the environment. Using publicly available addresses from the Farm Service Agency of government program participants, a random sample of 3,000 producers were sent the survey in 2018. 650 were ineligible, and 708 responded to the …

South Dakota Farmers’ Usage Of Cover Crops, Tong Wang, Jim Ristau

South Dakota Farm Survey

Researchers at South Dakota State University (SDSU) conducted producer surveys in the eastern part of South Dakota in both 2018 and 2021. Producers could take the survey online or via mail and were asked questions about their farm, farming practices including usage of soil and water conservation practices, and their values. Using publicly available addresses from the Farm Service Agency, a random sample of 3,000 producers were sent the survey in 2018. 650 were ineligible, and 708 responded to the survey for a response rate of 30%. In 2021, the same producers who took the survey in 2018 were asked …

South Dakota Farmers’ Usage Of Conservation Tillage, Tong Wang, Jim Ristau

South Dakota Farm Survey

Researchers at South Dakota State University (SDSU) conducted producer surveys in the eastern part of South Dakota in both 2018 and 2021. Producers could take the survey online or via mail and were asked questions about their farm, farming practices including usage of soil and water conservation practices, and their values. Using publicly available addresses from the Farm Service Agency, a random sample of 3,000 producers were sent the survey in 2018. 650 were ineligible, and 708 responded to the survey for a response rate of 30%. In 2021, the same producers who took the survey in 2018 were asked …

South Dakota Farmers’ Usage Of Diversified Crop Rotations, Tong Wang, Jim Ristau

South Dakota Farm Survey

Researchers at South Dakota State University (SDSU) conducted producer surveys in the eastern part of South Dakota in both 2018 and 2021. Producers could take the survey online or via mail and were asked questions about their farm, soil and water conservation practices, and their values. Using publicly available addresses from the Farm Service Agency, a random sample of 3,000 producers were sent the survey in 2018. 650 were ineligible, and 708 responded to the survey for a response rate of 30%. In 2021, the same producers who took the survey in 2018 were asked to take a follow up …

A Proposal For Insurance To Address Offsite Injuries Accompanying Dicamba Usage, Terence J. Centner

Cornhusker Economics

Soybean producers are familiar with the special dicamba products first sold in 2017 for use on Xtend soybeans to control glyphosate-resistant weeds. Dicamba can be applied as a post-emergent spray to kill weeds that germinate after soybeans have been planted. With the control of these weeds, producers reap increased yields. However, the use of dicamba products led to significant offsite injury to vegetation including non-dicamba-resistant soybeans. Damages to neighbors’ properties from dicamba usage strained the social relations of people living in many rural communities.

Tax Planning For High Income, Tina Barrett

Cornhusker Economics

Agriculture has always been an industry with cyclical income trends. Prior to 2003, the average farm income reported in our annual data would typically go up and down each year -- having a good year and then a bad year and then a good year again. Since then, the trend has been more about longer periods of good, followed by multiple years of down income, etc. These longer stretches also see more extremes and this makes tax planning even more important and more difficult. More important because we are likely not making a decision that only affects one year and …

The Coronavirus Pandemic And International Trade, E. Wesley F. Peterson

Cornhusker Economics

The Coronavirus pandemic has disrupted economic activities around the world. Many businesses had to cease operations and furlough or lay off their workers. The World Bank (2021) has reported that global economic output fell by 3.4% in 2020. The good news is that the massive infusion of financial support from many governments in high-income countries meant that the worst economic effects of the pandemic were mitigated, and a rapid recovery has begun to make up for the pandemic-related losses. The International Monetary Fund (IMF) predicts that the global economy will grow by 5.9% in 2021 recovering the 2020 losses and …

Challenges Of Making Financial Decisions And Avoiding Fraudulent Schemes, Fabio Mattos

Cornhusker Economics

Last month there was an article in the local newspaper about a man accused of defrauding commodity investors for several years in Nebraska. This person is a commodity pool operator (CPO), who is an individual or organization that operates a commodity pool and solicits funds for that pool. A commodity pool is an enterprise in which funds contributed by a number of clients are combined for the purpose of trading futures contracts, options contracts, among other types of financial products. Generally speaking, a CPO manages an investment fund focused on commodity products.

Crop Insurance Premium Subsidies Influence On Family Farms, Cory Walters, Azzeddine Azzam, Taylor Kaus

Cornhusker Economics

The U.S. current taxpayer-subsidized crop insurance program represents a culmination of a series of legislative acts, beginning in 1980 with the Federal Crop Insurance Act, followed by the Federal Insurance Reform Act in 1994, and the Agricultural Risk Protection Act (ARPA) in 2000. All acts aimed at encouraging producer participation through increased premium subsidies and enhanced coverage options. Increased subsidization was effective in increasing participation, as more than 90% of corn acres were covered by some form of crop insurance by 2020. For 2021, premium subsidies in Nebraska for all crop insurance policies ranged from just over $36,000 in Hooker …

Finding Hidden Members In Your Community, Cheryl Burkhart-Kriesel

Cornhusker Economics

It is not uncommon for rural Nebraska coffee shop talk to touch on the topic of who is involved or not involved in the community. Typically, the conversation comes to the conclusion that the same people seem to be doing everything. The topic could relate to a civic group, community event, or even an elected office in the community. There are no new faces and no new ideas as well as there is no one there to allow for a leadership transition. Have you ever heard this conversation? Have you participated in it?

Optimal Regulatory Response To Food Fraud, Syed Imran Ali Meerza, Konstantinos Giannakas

Cornhusker Economics

Food fraud refers to the deliberate substitution, addition, tampering, or misrepresentation of food for economic gains. In this context, food fraud can be divided into two broad categories: food adulteration and mislabeling. While food adulteration can be defined as the intentional substitution or addition of substances in a food product to reduce its costs of production, mislabeling refers to acts of misrepresentation of the type or quality of food products. Food fraud is motivated by economic gains and is enabled by the fact that information about the nature of credence goods is typically asymmetric – while product suppliers know the …

Evolving Protein Demand And Income Elasticity, Tim Meyer

Cornhusker Economics

Teaching large classes in the Ag Econ department has some unique benefits. One of them is that I have a pulse on the attitudes of a large cross-section of producers. One concern that has been gradually gaining momentum is the threat that plant protein poses against traditional animal protein, namely beef.

Trends in protein demand do not support this specific fear. In general, consumers’ appetite for animal protein continues to grow. This article explains the concept of income elasticity, along with the changing income elasticities of specific meats.

Allowing Consumers To Choose Quantities In Choice Experiments Impacts Consumer Choice, Rationality, And Willingness-To-Pay Estimates, Elliott James Dennis

Cornhusker Economics

Choice experiments are frequently used by industry and academic researchers to examine existing and hypothetical products. These experiments generally fix the quantity purchased and allow product attributes to vary. New choice experiments have explored allowing quantity to be a flexible choice attribute. In a recently published paper, we explored the potential differences and similarities between these two choice experiment frameworks. To illustrate these comparisons and any relative improvements by using a quantity choice framework, we used a between-subject design that assessed U.S. meat preferences.

Farm Program Projections And Management Implications, Brad Lubben

Cornhusker Economics

USDA’s Farm Service Agency annually distributes commodity program payments to enrolled crop producers every October. The payments come either as Agricultural Risk Coverage (ARC) payments or Price Loss Coverage (PLC) payments With higher commodity prices since last fall, the expectations for payments and the reliance on payments as part of the farm’s bottom line are substantially reduced. However, there are still some payments to be made and some important lessons from the current outlook for prices and farm program support.

Readiness For Change, Charlotte Narjes, Marilyn Schlake

Cornhusker Economics

One community is innovative in addressing long-term issues and situations related to quality of life, economic impact, and demographic renewal. Another community is not. What is the difference? What can communities do to be ready for change? What role can Extension play in helping a community address complex situations such as identifying new leaders, being competitive in a digital economy, creating healthy communities, or attracting new populations and retaining exciting community members? One key to success is assessing community readiness for change.

Eu And Us Consumers’ Willingness To Pay For Genome-Edited Apples, John C. Beghin

Cornhusker Economics

New Plant Engineering Techniques (NPETs) refers to new biotechnology tools that allow alterations to a plant’s genome by adding, resequencing, or silencing some of its genes or combined with genes from a crossable plant (so-called cisgenesis). NPETs include genome editing (GenEd) tools, such as Clustered Regularly Interspaced Short Palindromic Repeats (CRISPR), and transcription activator-like
effector nucleases (TALEN). These techniques lead to mutations in plants, which could have been obtained with conventional hybridization and genetic mutation techniques. For that reason, they may be perceived as more natural. These techniques might raise fewer concerns than transgenic techniques incorporating foreign genes into a …

The Potential For Moral Hazard Behavior In Irrigation Decisions Under Crop Insurance, Karina Schoengold, Paloch Suchato, Taro Mieno, Timothy Foster

Cornhusker Economics

The Federal Crop Insurance Corporation provides one of the most widely adopted risk mitigation tools used by crop producers across the United States. In 2018,
over 90% of corn and soybean acres were insured in most of the Great Plains and Midwestern United States (Farm Bureau, 2019). As with all insurance, there are questions of whether moral hazard behavior occurs with insurance enrollment. In economics, moral hazard refers to cases where someone makes riskier decisions when he or she is protected from the full cost of doing so. For example, someone
with fire insurance on their home may be less …

Evaluating The Impact Of Covid-19 On Nebraska Land Auctions And Implications For Future Farm Real Estate Sales In 2021, Jim Jansen, Jeffrey Stokes

Cornhusker Economics

The Nebraska Farm Real Estate Market Survey and Report 2020-2021 provides insight into recent trends on the market value of agricultural land and cash
rental rates across the state. Each year, the special feature section from this report covers topics on new or emerging issues related to the agricultural land industry in Nebraska. These topics reflect interest expressed by panel members and readership of the Nebraska Farm Real Estate Market Highlights Reports. The special feature section in 2021 evaluates the effects of COVID-19 on Nebraska land auctions over the prior year and implications for this transaction method involving future agricultural …

Measuring Palatability As A Linear Combination Of Nutrient Levels In Food Items, Jeffrey S. Young

Faculty & Staff Research and Creative Activity

It well known that palatability and nutritional quality of foods and/or diets are viewed as being in tension with one another. While there exist multiple measures of healthiness, there are no such measures for tastiness. This gap limits the degree to which researchers can investigate this tension and its implications for dietary behavior and hence public health and nutrition policy. The scope of future work concerning the dietary behavior of Americans would expand greatly if researchers better understood consumers’ willingness to eat certain foods, which matters as much as recommending those foods for them to eat in the first place. …