Agricultural Economics Commons^™

High Culling Continues To Impact Beef Market, Elliott James Dennis

Center for Agricultural Profitability

The annual fall feeder run is about to begin. Given cattle prices, forage conditions, and the economy the question of whether heifers will be retained to rebuild the beef cow herd remains uncertain. Consider these factors that give pause to whether this expansion will occur with as much momentum we might think.

Tax Accounting Vs. Managerial Accounting: What Is The Difference And Why Does It Matter?, Shannon Sand, Matt Stockton

Center for Agricultural Profitability

Understanding your farm's finances is critical to making sound decisions and positioning your operation for success. But the accounting methods used for tax purposes don't always provide the information needed to properly manage your business.

This article lays out how tax accounting focuses on external reporting and follows rules aimed at calculating taxable income. In contrast, managerial accounting looks inward, capturing the data needed to analyze production costs, cash flows, capital investments, and overall profitability.

Remote Work Is Not Going Away: How Can Rural Communities Take Advantage Of This Opportunity?, Cheryl A. Burkhart-Kriesel

Cornhusker Economics

Since the COVID-19 pandemic as of 2020, are we looking at a national remote work “new normal” with a hybrid office and remote work combination as an additional option? This is an important question for rural areas. Discusses remote work trends and steps needed to leverage remote work in the rural context.

Western Australian Regional Development Trust Annual Report 2022-23, West Australian Regional Development Trust

Western Australian Regional Development Trust Annual Reports

The Trust is an independent statutory advisory body to the Minister, established under the Royalties for Regions Act 2009 (Act).

The functions of the Trust are to provide advice and make recommendations to the Minister:

• for the purposes of sections 5(2) and 9(1) of the Act; and
• on any other matter relating to the operation of the Fund that is referred to it by the Minister.

In addition to its monitoring and advisory role, the Trust also works to engage and enhance relationships with key regional stakeholders and influencers to promote greater collaboration and innovation in the delivery of regional …

A Decision Aid To Help Farmers Find The Minimum Cost Fertilizer Combination, Gregory Ibendahl

Journal of Applied Farm Economics

Fertilizer recommendations are typically given as the pounds of nitrogen, phosphorus, and potassium needed per acre. Many crop budgets also list the fertilizer costs in terms of the N, P, and K. This can cause a problem for farmers as they must purchase their fertilizer in products that in some cases contain multiple nutrients. These multinutrient fertilizers make it difficult or impossible to calculate a price per unit of a nutrient. Thus, finding the minimum cost fertilizer combination by using a price per nutrient approach may not work. This paper shows how a linear programming approach will always give the …

Do Fas Large Export Sales Reports Move Commodity Futures Markets?, William Johnson

Graduate Theses and Dissertations

This study sought to determine if the Large Export Reports from the USDA Foreign Agriculture Service have any discernible market-moving impact on particular commodity futures markets. The effect of the reports on futures markets is investigated using four different methods: the average return event study approach, the multiple regression with binary variables model, the autoregressive time series model, and the event spline model. The average returns showed that the FAS's Large Export Sales Reports had no influence on the pricing of wheat futures, but did have a considerable impact on the returns from days before and after the release of …

Influence Of Capacity Building On Nutrition Sensitivity Of The Municipal Agriculture Development Plan In Calabarzon, Philippines, Kim Leonard G. Dela Luna, Maria Theresa M. Talavera, Leila S. Africa, Clarissa B. Juanico, Nancy A. Tandang, Marison Felicidad R. Dy

The Philippine Agricultural Scientist

To improve the nutrition sensitivity of the Municipal Agriculture Development Plan (MADP) of Calabarzon, a one-group pre-test post-test design quasi-experimental study was conducted involving the Local Agriculture Planners (LAP) of 57 municipalities in the region from March to December 2021. Wilcoxon Paired Signed Rank was used to determine significant differences in the nutrition sensitivity of the MADP and level of knowledge, attitude, and self-efficacy of the LAP before and after the intervention. Binary logistic regression analysis was also performed to model the change in the level of the nutrition sensitivity of the MADP. The LAP's level of knowledge, attitude, and …

Density And Occupancy Of Mammals Along An Urban To Rural Gradient In Northwest Arkansas, Leah E. Mctigue

Graduate Theses and Dissertations

Human development is a rapidly expanding phenomenon impacting wildlife communities globally. As the human footprint expands, natural greenspace and nature reserves become fragmented and isolated. Wildlife species and communities respond to these changes in different ways. Urban exploiters persist in more urban areas and are able to take advantage of anthropogenic subsidies (food, shelter, etc). Urban avoiders, however, are species that may be pushed out of developed areas or occur in lower densities relative to undisturbed areas. Northwest Arkansas is an optimal location to study the impacts of urbanization on wildlife communities, as the current human population is expected to …

Decrypting The Processes Of Policy Evolution: Comparing Québec And Ontario’S Evolution Of Risk Management Policies, Frederick Clerson Guicherd

Graduate Theses and Dissertations

Through policies or programs, states can influence industries to align with their vision of what a sector should become. However, this vision is subject to influence from actors of the industries which emphasize the importance of the relationship between the state and interest groups. In this dissertation, we observe the evolution of 9 Canadian agriculture risk management programs implemented by two provincial governments between 1990 and 2020 to understand how such programs coped with the new trends in agriculture. Through a review of parliamentary discussions and official documents, we evaluate the factors that justified program evolution based on the combination …

Summaries Of Arkansas Cotton Research 2022, Fred Bourland

Arkansas Agricultural Experiment Station Research Series

The current economic environment continues to drive the need to produce record or near-record yields to be profitable. Price volatility in 2022 added another level of difficulty in the quest for being profitable. The cotton market saw significant movement after reaching a $1.5802 per pound high in May 2022, cotton prices corrected and more than halved in value at the October 2022 low, and then consolidated around the 80 cents per pound level in December 2022 (Cotton is Consolidating). Great uncertainties still exist for the upcoming season, most of which are outside of our control. These include, but are not …

The Future Of Public And Private Plant Breeding According To Plant Scientists, Lexie Burris

Graduate Theses and Dissertations

Plant breeding has been effective in addressing food insecurity by increasing agricultural yields and productivity. Historically, public plant breeding programs have long-term, integrated approaches to plant breeding research, germplasm enhancement, and variety development, but as funding is reduced the future is less certain as to areas of focus. This survey builds off those before it and asks the next logical question, if a divergence between private and public breeding is taking place, what aspects should each sector focus on? The impetus of this study was to ask opinions of plant breeders globally regarding the direction they believe the public and …

Seasons, Stress, Salience, And Support For Cooperative Groundwater Management, Jordan Suter, Todd Guilfoos, Karina Schoengold

Cornhusker Economics

Background: Common property resources (CPR) are defined as resources where one person’s use affects what is available to others (either now or in the future). One example of a CPR is a shared aquifer, where multiple users have access to the groundwater. Economic researchers have shown that with a CPR, there are economic benefits to regulating the use of the resource, and that well-designed regulation increases the sustainability of agricultural-based economies that rely on CPRs. Many such regulations exist, and examples include allocation limits in some of Nebraska’s Natural Resources Districts and Kansas’s Groundwater Management Districts, as well as …

Harvest Operations - Own It Or Hire It?, Glennis Mcmclure

Center for Agricultural Profitability

As the fall harvest nears and we’re tuning up our equipment, the thought of custom hiring out our harvesting work comes to mind for some. There are many factors to consider as we make custom hire versus ownership decisions, with cost considerations generally at the forefront of our thoughts.

Characterization Of Nacl Stress In Young Bismarckia Palm (Bismarckia Nobilis), Muhammad Afzal Naeem, Iqra Hanif, Midrar Ullah, Muhammad Hassaan Khan, Tahmina Nazish

Journal of Bioresource Management

Salinity is a major problem caused by the accretion of excess salts composites in the form of ions like sodium (Na⁺), potassium (K⁺), calcium (Ca²⁺), magnesium (Mg²⁺) and chloride (Cl^-). The possible out-turns of the salinity on the morphology; physiology and biochemical variables of bismarckia palm (Bismarckia nobilis) were investigated in this study. The seedlings of bismarckia palm were grown in pots and periodically irrigated with various concentrations of NaCl solution to assess the various biological variables at the regular intervals. The experiment was performed by following the …

2023 Cash Lease Adjustments For Irrigation Equipment On Cropland Rental Arrangements In Nebraska, Jim Jansen, Jeff Stokes

Cornhusker Economics

The University of Nebraska-Lincoln’s Nebraska Farm Real Estate Market Survey and Report 2022-2023 provides insight into recent trends in the market value of agricultural land and cash rental rates across the state. Each year, the special feature section covers topics on new or emerging issues related to the agricultural land industry in Nebraska. These topics reflect the interest expressed by panel members and readership of the Nebraska Farm Real Estate Market Highlights Reports. The 2023 special feature section focuses on cash lease adjustments on irrigation equipment for cropland rental arrangements across Nebraska when the tenant provides a component of the …

Technology Use Growing On Nebraska Farms And Ranches, Larry W. Van Tassell

Center for Agricultural Profitability

On Aug. 17, the USDA National Agricultural Statistics Service (NASS) released its “Technology Use (Farm Computer Usage and Ownership)” survey. According to the survey, 77% of Nebraska farmers and ranchers own or use desktop or laptop computers. That is up from 74% in 2021. Similarly, 85% own or use a smartphone, which is up from 80% in 2021. Farmers and ranchers in Nebraska are above the U.S. average in computer use as 69% of producers in the U.S. own or use a personal computer and 82% own or use a smartphone. Interestingly, 90% of farms in Nebraska reported …

The Influence Of Framing And Recent Experience On Farmer Choices In Experimental Games Depicting Risk-Reducing Agricultural Technologies, Ana Maria Ospina Tobar

Electronic Theses and Dissertations

Climate change is a major threat to food security, particularly in low and middle-income countries that are highly dependent on staple crops for subsistence. The vulnerability of staple crops, like maize, in the face of climate change, is increasing due to the increasing frequency of droughts. This thesis aims to evaluate two mechanisms through which farmers may be more willing to adopt new technologies that increase their resilience to climate change: First, I evaluate the effectiveness of a new virtual maize farming game as a learning tool to teach farmers about the outcomes they could obtain under different weather events …

Your Farm’S Financial Condition And Profitability Revisited, Matt Stockton, Shannon Sand

Cornhusker Economics

Looking at December futures contracts, corn prices may have reached a high and are tending to recede. If they stay higher, producers will likely have a good year. Still, if they tend to decline, which is possible given current carryover and supply projections, prices may stabilize or decline as we approach harvest. Those with multiperil crop insurance in areas with lower yields, e.g., droughtstricken areas with sufficiently high enough levels of coverage, will benefit from the February projected price of $5.91/bu. For the past two seasons, fall prices exceeded projected prices in the spring, making selling at harvest an attractive …

Assessing Determinants Of Participation In Conservation Programs In The U.S., Manita Ale, Simanti Banerjee, Taro Mieno, Karina Schoengold

Cornhusker Economics

In order to generate ecosystem services (ES) from privately owned intensively managed agricultural land, the United States Department of Agriculture (USDA)’s Farm Service Agency (FSA) and Natural Resources Conservation Service (NRCS) have implemented many conservation programs such as the Conservation Reserve Program (CRP), Conservation Stewardship Program (CSP), and Environmental Quality Incentives Program (EQIP), to name a few. These programs provide financial and technical assistance to farmers and ranchers to adopt land management practices that generate ES.

Terminating A Verbal Farmland Lease In Nebraska, Jessica J. Groskopf, J. David Aiken

Center for Agricultural Profitability

Some farm leases are not written but are verbal or "handshake" agreements. Because nothing is in writing, the parties may have different recollections of their agreement, making lease disputes more difficult to resolve. The most common legal issue associated with verbal farm leases is how a lease may legally be terminated. For verbal leases, six months advance notice must be given to legally terminate the lease. In contrast, the termination of a written lease is determined by the terms of the written lease. If the lease does not address termination, the lease automatically terminates on the last day of the …