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Agricultural Economics Commons

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The Future Of The Organization Of The Petroleum Exporting Countries, Mikayla Gross 2024 University of Nebraska-Lincoln

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 …


Bull Value Cow-Q-Lator (Bvcql): What It Is And How To Use It, Matt Stockton, Shannon Sand, Randy Saner 2024 University of Nebraska - Lincoln

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 2024 University of Nebraska-Lincoln

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 2024 University of Nebraska-Lincoln

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 …


Embracing Diversity In Agricultural Economics, Timothy L. Meyer 2024 University of Nebraska-Lincoln

Embracing Diversity In Agricultural Economics, Timothy L. Meyer

Cornhusker Economics

To steal an overused cliché, “There’s room in the tent for everyone.” Over the 2023 academic year, I have reiterated this message to all my students, with one addition. Not only is there room for everyone, but all are invited AND welcome. Food is something we all have in common, no matter the background. I think this is why producers in the state of Nebraska feel as strongly as they do about the food they produce; it is life-giving and should be taken seriously. Nebraska Agriculture is part of what makes our state great, and that is not a secret …


The Importance Of Strategic Planning For Farmers And Ranchers, Larry Van Tassell 2024 University of Nebraska-Lincoln

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 2024 University of Nebraska-Lincoln

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 …


Dining Out Behavior In China And The Implications In The Post-Covid-19 Era, Ji Yong Kwon 2024 Purdue University

Dining Out Behavior In China And The Implications In The Post-Covid-19 Era, Ji Yong Kwon

The Journal of Purdue Undergraduate Research

No abstract provided.


Program Requirements For Beef Cattle Certified As Usda Organic, Carsten Loseke, Elliott James Dennis 2024 University of Nebraska-Lincoln

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.


Are Too Many Or Too Few Babies Being Born?, Wesley Peterson 2024 University of Nebraska-Lincoln

Are Too Many Or Too Few Babies Being Born?, Wesley Peterson

Cornhusker Economics

An additional 1.8 billion people will be added to the world’s population by 2050. At the same time, average incomes are likely to rise. Data from the Groningen Growth and Development Center suggest that average real (inflation-adjusted) GDP per capita increased by a factor of fifteen between 1820 and 2018 and World Bank data indicate that real per capita GDP more than tripled over the past 62 years. It is likely that these trends will continue and there will be more people with higher average incomes in the future straining global food systems and natural resources. Slower population growth rates …


Growing Agriculture Literacy’S Presence In America’S Classrooms, Emily Stone 2024 University of Arkansas, Fayetteville

Growing Agriculture Literacy’S Presence In America’S Classrooms, Emily Stone

Journal of Food Law & Policy

“Americans, as a whole, were at least two generations removed from the farm and did not understand even the most rudimentary of processes, challenges, and risks that farmers and the agricultural industry worked with and met head-on every day.” This quote perfectly describes the mindset of agriculture stakeholders in 1981 as they began to realize the drastic steps our education system had taken away from using principles of agriculture in K-12 education. As they saw it, Americans were moving out of rural America, away from farms, and becoming less connected to the food they daily consumed. Simultaneously, the education system …


Growing South Dakota (Winter 2024), Michelle Cartney 2024 South Dakota State University

Growing South Dakota (Winter 2024), Michelle Cartney

Growing South Dakota (Publication of the College of Agriculture, Food and Environmental Sciences)

[Page] 3 Continuing a Leadership Journey
[Page] 5 CAFES Leadership Team Grows
[Page] 7 Award-Winning Faculty & Staff
[Page] 9 New Endowment Holders Recognized
[Page] 10 Inaugural Precision Livestock Field School Offered at SDSU Cottonwood Field Station
[Page] 11 SDSU Celebrates Professional Program in Veterinary Medicine Students [Page] 13 Clay Carlson, SDSU Meat Science Graduate Student Approaches School and Life with Winning Mindset
[Page] 15 SDSU Alumni has been selected as the Head Coach of the South Dakota State University Livestock Judging Team
[Page] 16 Livestock Units Promote Hands-On Learning & Premier Research
[Page] 20 SDSU leads NSF-backed fertilizer development …


Perceptions Of Available Funding Opportunities For West Tennessee’S Young And Beginning Row Crop Farmers, Logan Meeks 2024 Murray State University

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 2023 Brigham Young University

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 2023 University of Nebraska-Lincoln

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 2023 University of Nebraska-Lincoln

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 2023 Utah State University

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 2023 Utah State University

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 2023 Utah State University

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 2023 University of Nebraska-Lincoln

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.


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