Agricultural Economics Commons^™

Projecting Corn And Soybean Crops: How Accurate Are Crop Forecasts?, Fabio Mattos, Kattie Cumming, Xiaoli L. Etienne

Cornhusker Economics

Commodity prices are determined by the dynamics of supply and demand and they oscillate over time according to expectations of market participants, who form and update their outlooks based on new information available in the market. As new information about supply and demand of commodities becomes available, buyers and sellers review their beliefs and trade in the market accordingly. This process of price discovery is crucial for various business decisions in the agricultural sector, such as production, marketing and risk management. For instance, if new information on supply and demand suggests that corn prices will decrease, grain producers might want …

Healthy Food Promotion: The Role Of Information Framing, Cognitive Processes, And Social Influence, Christopher Gustafson

Cornhusker Economics

Rates of overweight and obesity in the U.S. have increased steadily over the past 50 years, with serious consequences for people’s health, livelihoods, and quality of life. Estimates of U.S. adult and childhood overweight and obesity that were based on measurements of height and weight, rather than self-reported data, were collected in a nationwide study conducted in 2011-2012. These data suggest that over one-third of adults were obese and another third were overweight, while 17 percent of children were obese and 15 percent overweight.

Nebraska Farm Real Estate Market Highlights 2016-2017, Jim Jansen

Nebraska Farm Real Estate Reports

The Nebraska Farm Real Estate Market Highlights 2016-2017 report represents the 39th edition to the annual series. These reports provide an important insight on agricultural land market dynamics for stakeholders across Nebraska. In today's market, where market transactions exceeding a million dollars are the norm, objective market information and analysis is more critical than ever. The focus of the report continues to provide unbiased information on agricultural land values and rental rates so industry participants can make educated and informed decisions.

This year, the February 2017 survey of nearly 150 expert-panel members from across the state provided current information and …

Rural Manufacturing Factors Associated With Plant Survival, Cheryl A. Burkhart-Kriesel

Cornhusker Economics

In a recent report from the USDA Economic Research Service, rural manufacturing resiliency was measured as it related to plant survival, from 1996- 2011. The author, S. Low*, makes the case that rural manufacturing is a critical piece of the rural economic pie. In 2011 nationally nonmetro/rural manufacturing employment was approximately equal to that of rural retail trade and the rural healthcare/ social assistance sectors. These jobs are also considered to be relatively well-paying jobs and often include benefits.

North Central Extension Risk Management Education, Christine Lockert, Bradley D. Lubben

Cornhusker Economics

After peaking over $123 billion in 2013, U.S. net farm income fell to $68 billion in 2016 with projections of $62 billion for 2017, a nearly 50% drop (USDA Economic Research Service). The large drop from 2013 to 2017 after nearly a decade of strong growth in agricultural income presents a substantial challenge to agricultural producers and an increased need to manage risk on the farm or ranch carefully.

Nebraska National Agri-Marketing Association: Practical Experience And Professional Development, Kara Heideman, Rosalee A. Swartz

Cornhusker Economics

The University of Nebraska-Lincoln National Agri- Marketing Association (NAMA) chapter concluded a successful year at the NAMA annual conference. The chapter brought home three awards, a chapter performance award for chapter communications, fourth place outstanding student chapter and fifth place in the John Deere Signature Award competition. Chapter performance award judges praised Nebraska NAMA's collaboration with the University of São Paulo. Students from São Paulo joined Nebraska students each week to work on developing the marketing plan for the competition. The John Deere award is given to student chapters based on business knowledge, academic excellence, leadership development and community citizenship. …

Family Feud Ends Up In Court, J. David Aiken

Cornhusker Economics

A May 2017 decision by the Nebraska Court of Appeals deals with an unfortunately common situation in Nebraska family farm corporations– is the on-farm heir (or heirs) in charge of the corporation legally required to share the corporation’s income with the off-farm heirs? (24 Neb. App. 649) As we shall see, the court answered “no” even though that seems to be an unfair result.

Women In Agriculture: The Heart Of The Farm, Cheryl Griffith

Cornhusker Economics

Women in Agriculture: The Heart of the Farm was the theme of the 32^nd Nebraska Women in Agriculture (WIA) Conference, February 23-24, 2017 in Kearney. This annual conference is hosted by the Department of Agricultural Economics, Nebraska Extension and the Institute of Agriculture and Natural Resources (IANR). The Nebraska WIA program is committed to providing opportunities for all Nebraskans to develop risk management skills by providing tools for sound business decisions in every facet of agriculture through leadership, advocacy, and networking avenues.

The Russian Food And Agricultural Import Ban, Marianna Khachaturyan, E. Wesley F. Peterson

Cornhusker Economics

In 2014 the United States, European Union (EU), and several other countries imposed economic sanctions on Russia in response to its annexation of Crimea and support for separatist rebels in eastern Ukraine (Nelson, 2017; Europa, 2017). Prior to the 1990s, the use of economic sanctions to challenge the behavior of foreign governments was fairly rare as the target country could easily turn to the cold-war adversary of the sanctioning country to avoid their effects. With the end of the Cold War, sanctions, usually comprehensive in nature restricting economic relations across the board, became a major foreign policy tool. Because comprehensive …

Connecting Entrepreneurial Communities Conference, Charlotte Narjes

Cornhusker Economics

The inaugural Connecting Entrepreneurial Communities Conference (CEC) will be held April 19-20 in McCook, Nebraska.

What Is It? The CEC Conference is an opportunity to educate communities on the various tools and resources available to assist them in helping entrepreneurs grow and prosper in their communities. Presenters are found locally, regionally and from other states to share how they found success in a variety of aspects of building the entrepreneurship ecosystem.

One of the unique aspects of the CEC Conference is that it is not held in a conference setting. Breakout sessions are embedded in shops and venues throughout the …

Nebraska Retailing Activity Changes Since 1990 And The Effect Of The Great Recession By Town/City Size Classes, Anil Giri, Bruce B. Johnson

Cornhusker Economics

Retailing is an important sector of our state’s economy and is watched carefully as an indicator of overall economic performance. This retailing activity, however, is not evenly distributed across different town/ city size classes. Large cities and towns serve as retail centers for larger geographic areas as well as for some nearby small towns. In other words, small trade centers experience trade leakage relative to their population and large centers experience retail gain relative to their population. Relative retail activity can be measured and hence compared using Pull Factor (PF) as a metric.

In essence, PF measures the relative market …

U.S. Drought Monitor, January 17, 2017, Richard Tinker

United States Agricultural Commodities in Drought Archive

Drought map of U.S. for January 17, 2017 (1/17/17) plus: U.S. crop areas experiencing drought (map), Approximate percentage of crop located in drought, by state (bar graph), Percent of crop area located in drought, past 52 weeks (line graph) for: Corn, Soybeans, Hay, Cattle, Winter wheat.

U.S. Drought Monitor, January 10, 2017, David Miskus

United States Agricultural Commodities in Drought Archive

Drought map of U.S. for January 10, 2017 (1/10/17) plus: U.S. crop areas experiencing drought (map), Approximate percentage of crop located in drought, by state (bar graph), Percent of crop area located in drought, past 52 weeks (line graph) for: Corn, Soybeans, Hay, Cattle, Winter wheat.

U.S. Drought Monitor, January 3, 2017, David Miskus

United States Agricultural Commodities in Drought Archive

Drought map of U.S. for January 3, 2017 (1/3/17) plus: U.S. crop areas experiencing drought (map), Approximate percentage of crop located in drought, by state (bar graph), Percent of crop area located in drought, past 52 weeks (line graph) for: Corn, Soybeans, Hay, Cattle, Winter wheat.

Nebraska Grazing Conference Proceedings, 2017, Center For Grassland Studies, University Of Nebraska-Lincoln

Nebraska Grazing Conference Proceedings

Fences and Water Points: Where They Should Go by Jim Gerrish

Beef Systems Initiative by Archie Clutter

Grass-based Health and the Ruminant Revolution by Peter Ballerstedt

The Good, Bad, and Ugly of Weedy Plants by Chris Helzer

2016 Leopold Conservation Award Winner by Nancy Peterson

Managing Grassland Vegetation to Benefit Livestock and Wildlife by Patricia Johnson

What is Plant Cover, and How Can We Manage it for Wildlife Needs? by Dwayne Elmore

Producer Panel: Annual Forages vs Row Crops Under Irrigation moderated by John Maddux

Producer Panel: Economics of Grazing Strategies moderated by Jim Jankins

It Costs How Much!? by …

Getting To Know Your Yield Response Better Through Whole-Field Randomized Experiments, Taro Mieno, David Bullock

Cornhusker Economics

Six researchers at the University of Nebraska- Lincoln are working on the USDA-NIFA-funded Data Intensive Farm Management (DIFM) project. DIFM is based at the University of Illinois, and also involves the Universities of Kentucky, Massachusetts, Maryland, and Illinois State. The overarching goal of the project is to collect production data after conducting large-scale, on-farm randomized input use field trials, and then using the information to inform growers of optimal input use practices to enhance their profits. DIFM researchers hope to find a win-win situation in which more efficient crop nutrient management both increases farm profits and water quality in the …

U.S. Drought Monitor, December 27, 2016, Brad Rippey

United States Agricultural Commodities in Drought Archive

Drought map of U.S. for December 27, 2016 (12/27/16) plus: U.S. crop areas experiencing drought (map), Approximate percentage of crop located in drought, by state (bar graph), Percent of crop area located in drought, past 52 weeks (line graph) for: Corn, Soybeans, Hay, Cattle, Winter wheat.

U.S. Drought Monitor, November 22, 2016, Richard R. Heim Jr.

United States Agricultural Commodities in Drought Archive

Drought map of the United States for November 22, 2016 (11/22/16) plus: United States crop areas experiencing drought (map), approximate percentage of crop located in drought by state (bar graph), and the percentage of crop area located in drought over the past 52 weeks (line graph) for corn, soybeans, hay, cattle, and winter wheat.

U.S. Drought Monitor, November 15, 2016, Richard R. Heim Jr.

United States Agricultural Commodities in Drought Archive

Drought map of U.S. for November 15, 2016 (11/15/16) plus: U.S. crop areas experiencing drought (map), Approximate percentage of crop located in drought, by state (bar graph), Percent of crop area located in drought, past 52 weeks (line graph) for: Corn, Soybeans, Hay, Cattle, Winter wheat.

U.S. Drought Monitor, November 8, 2016, Deborah J. Bathke

United States Agricultural Commodities in Drought Archive

Drought map of U.S. for November 8, 2016 (11/8/16) plus: U.S. crop areas experiencing drought (map), Approximate percentage of crop located in drought, by state (bar graph), Percent of crop area located in drought, past 52 weeks (line graph) for: Corn, Soybeans, Hay, Cattle, Winter wheat.

U.S. Drought Monitor, November 1, 2016, Deborah J. Bathke

United States Agricultural Commodities in Drought Archive

Drought map of U.S. for November 1, 2016 (11/1/16) plus: U.S. crop areas experiencing drought (map), Approximate percentage of crop located in drought, by state (bar graph), Percent of crop area located in drought, past 52 weeks (line graph) for: Corn, Soybeans, Hay, Cattle, Winter wheat.

U.S. Drought Monitor, October 25, 2016, David Simeral

United States Agricultural Commodities in Drought Archive

Drought map of U.S. for October 25, 2016 (10/25/16) plus: U.S. crop areas experiencing drought (map), Approximate percentage of crop located in drought, by state (bar graph), Percent of crop area located in drought, past 52 weeks (line graph) for: Corn, Soybeans, Hay, Cattle, Winter wheat.

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 B, 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 …

U.S. Drought Monitor, October 4, 2016, Brian Fuchs

United States Agricultural Commodities in Drought Archive

Drought map of U.S. for October 4, 2016 (10/4/16) plus: U.S. crop areas experiencing drought (map), Approximate percentage of crop located in drought, by state (bar graph), Percent of crop area located in drought, past 52 weeks (line graph) for: Corn, Soybeans, Hay, Cattle, Winter wheat.

U.S. Drought Monitor, September 27, 2016, Chris Fenimore

United States Agricultural Commodities in Drought Archive

Drought map of U.S. for September 27, 2016 (9/27/16) plus: U.S. crop areas experiencing drought (map), Approximate percentage of crop located in drought, by state (bar graph), Percent of crop area located in drought, past 52 weeks (line graph) for: Corn, Soybeans, Hay, Cattle, Winter wheat.

U.S. Drought Monitor, September 20, 2016, Anthony Artusa

United States Agricultural Commodities in Drought Archive

Drought map of U.S. for September 20, 2016 (9/20/16) plus: U.S. crop areas experiencing drought (map), Approximate percentage of crop located in drought, by state (bar graph), Percent of crop area located in drought, past 52 weeks (line graph) for: Corn, Soybeans, Hay, Cattle, Winter wheat.

U.S. Drought Monitor, September 13, 2016, Eric Luebehusen

United States Agricultural Commodities in Drought Archive

Drought map of U.S. for September 13, 2016 (9/13/16) plus: U.S. crop areas experiencing drought (map), Approximate percentage of crop located in drought, by state (bar graph), Percent of crop area located in drought, past 52 weeks (line graph) for: Corn, Soybeans, Hay, Cattle, Winter wheat.

U.S. Drought Monitor, August 30, 2016, Chris Fenimore

United States Agricultural Commodities in Drought Archive

Drought map of U.S. for August 30, 2016 (8/30/16) plus: U.S. crop areas experiencing drought (map), Approximate percentage of crop located in drought, by state (bar graph), Percent of crop area located in drought, past 52 weeks (line graph) for: Corn, Soybeans, Hay, Cattle, Winter wheat.

Barriers To Successful Farm/Ranch Business Transfers, David J. 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. …