Agricultural Economics Commons^™

1992 Agriculture Outlook And Policy Issues, Agricultural Economics Department, Lynn Lutgen

Department of Agricultural Economics: News, Announcements, and Information

INTRODUCTION. Sam Cordes (2)

GENERAL OUTLOOK

Outlook for the General Economy. A. L. (Roy) Frederick (3)

Free Trade with Mexico: A Plus for Nebraska Agriculture? Nancy H. Cottrell & E. Wesley Peterson (4)

Ag Finance & Credit Outlook. Larry L. Bitney (5)

AGRICULTURAL INPUTS AND PROCEDURES

Outlook for Input Costs for 1992. H. Doug Jose (6)

A New Look in Farm Financial Statements? Larry L. Bitney (7)

COMMODITY OUTLOOK

Outlook for Corn in 1992. Lynn H. Lutgen (8)

Outlook for Wheat in 1992. Lynn H. Lutgen (9)

Outlook for Soybeans in 1992. Lynn H. Lutgen (10)

Establishing a Marketing Outlook …

State Farmland: Preferential Assessment Statutes, J. David Aiken

Nebraska Agricultural Experiment Station: Historical Research Bulletins

This report is intended to be a guide for persons interested in state statutes regarding preferential tax assessment of farmland. Previous USDA reports on this topic were published in 1961, 1963, 1967, 1974, and 1987. This report updates the 1987 USDA report. The report summarizes state farmland preferential assessment statutes through December 31, 1988. The report does not evaluate possible ambiguities within the statutes or include an analysis of relevant court decisions. Although these summaries provide a comprehensive survey of state statutory laws, they are not a substitute for copies of the state law. Taxpayers wanting to know how the …

Commodity-Specific Effective Exchange Rates For U.S. Agriculture, Emilio Pagoulatos, Azzeddine Azzam

Nebraska Agricultural Experiment Station: Historical Research Bulletins

A number of commodity-specific effective exchange rates of relevance to U.S. agriculture have been constructed. It is hoped that data presented in this study will be of use to researchers investigating the interrelationships between the dollar exchange rate and agricultural trade. An examination of the variability properties of the various agricultural trade-weighted exchange rate indices suggests that in modeling the agricultural trade-exchange rate relationship, the volatility of the exchange rate should be considered along with its level as explanatory variables.

Weather Risk And Size Economies Of Large Machinery In Wheat Production, Glenn A. Helmers, Romanus Monji

Nebraska Agricultural Experiment Station: Historical Research Bulletins

Major objectives of this study were to determine the existence of economies or diseconomies of size for large farms and to determine the impact of farmers' risk aversion level on the size of farm machinery selected.

Farm, Ranch And Home Quarterly Institute Of Agriculture And Natural Resources, University Of Nebraska- Lincoln

Farm, Ranch and Home Quarterly

In this issue:

IANR Conservation Efforts........................... 2

Energy, Soil, Water-Program Stresses Conservation ............................. 3

Producers 'Break Tradition' .......................... 5

Soil Erosion: Mechanisms and Control ......................... 6

Can We Measure the Economics of Erosion? ....................... 9

Weed Control Essential in Reduced Tillage ......................... 11

Herbicides Important in Eco-farming ........................... 14

Conservation Tillage Aids Wildlife ............................ 16

Nebraska Erosion Magnitude Seen .......................... 17

Conservation TiIlage Effective, Inexpensive Erosion Control ...................... 18

Conservation TiIlage: Fertilizer Programs Should Match System ........................ 21

PUMP Improves Irrigation ........................... 23

Scheduling Key to Efficient Irrigation .................... 26

About The Authors ................................... 28

Farm, Ranch And Home Quarterly Institute Of Agriculture And Natural Resources, University Of Nebraska- Lincoln

Farm, Ranch and Home Quarterly

In this issue:

2001 Assesses Needs..................... 2

Fats In your Diet-What Role Do They Play?...................... 3

Energy-Integrated Farming- Research and Demonstration For Energy Self-Sufficiency....................6

Consider Plant Disease in Row Crop Conservation Tillage ...............................14

Increase Production From Dry-land Pastures on Sandy Soil ..............................18

The COMPUTER-Its Time Is Now .................. 20

The Status of Family Farming in Nebraska................... 22

Price, Yield And Net Income Variability For Selected Field Crops And Counties In Nebraska, Boris E. Bravo-Ureta, Glenn A. Helmers

Nebraska Agricultural Experiment Station: Historical Research Bulletins

The primary objective of this study was to establish an empirical estimate of the riskiness of various crops in different regions of Nebraska. For this purpose the variate difference method was used to estimate random variability indexes of prices, yields, and net returns for six Nebraska crops (wheat, soybeans, alfalfa, oats, grain sorghum, corn). The period of analysis included 1957-1976 and one county in each of the eight crop reporting districts was analyzed. Where relevant, both dryland and irrigated alternatives were examined. Most business decision-makers accept more risk only under the conditions that the probability of higher returns accompany risky …

Farm, Ranch And Home Quarterly Institute Of Agriculture And Natural Resources, University Of Nebraska- Lincoln

Farm, Ranch and Home Quarterly

In this issue:

An Investment Returned ....................... 2

The Northeast Station- 25 years of Research, Extension and Service......... 3

Opportunities and Obstacles- Women Choose Agricultural Careers.............. 11

The Animal Welfare Movement- Where did it come from and where is it going?.............. 14

Center Pivot Irrigation- Runoff Analyzed on Sloping, Clayey Soil .................. 16

Nitrogen Management- Soils Change in Nutrient Content......................... 18

New Directions in Research ................................ 20

Farm, Ranch And Home Quarterly Institute Of Agriculture And Natural Resources, University Of Nebraska- Lincoln

Farm, Ranch and Home Quarterly

In this issue:

IANR Budget Reductions Met With Least Program Change................. 2

Appreciating Nebraska's Ag Landscape..................... 3

Plant Pathology- Fighting $150 Million in Crop Losses.................... 7

Wheat Pathology- Wheat Diseases Associated With Crop Residues...............9

Chinese Turn Backs on Cultural Revolution, Study NU Ag Engineering.................12

SOLAR ENERGY For Home Heating................ 14

PREPARING NEBRASKA'S YOUTH For a Changing World..................... 18

Irrigated Corn Production- Interdependence of Water and Nitrogen Management.............. 20

MEAD SOYBEAN- A New Variety....................22

NEW DIRECTIONS IN RESEARCH..................24

A Forecasting-Programming Method For Swine Production-Marketing Decisions, Larry Janssen, James B. Hassler

Nebraska Agricultural Experiment Station: Historical Research Bulletins

This study reports on the development and progress of a forecasting-programming model for swine inventory management and marketing decisions. This model considers interrelationships between breeding herd, feeder pig and finishing hog activities. Objectives were: 1. To structure a dynamic operational decision model for a modern farrow-to-finish swine confinement unit which conforms with economic theory, uses price and cost forecast information and is as consistent as possible with current production scheduling practices. 2. To use and test this model during a combined production and marketing decision process and to compare economic results with results of a standard strategy.

Growth And Survival Of Nebraska Panhandle Wheat Farms Under Selected Financial Conditions, Larry J. Held, Glenn A. Helmers

Nebraska Agricultural Experiment Station: Historical Research Bulletins

Simulation was used to analyze impact of land expansion alternatives, self-imposed borrowing limits, starting equity conditions, and land appreciation upon a firm concurrently seeking growth and survival over a projected 15-year period (1976-1990). An average-sized 960-acre (389 ha) Nebraska Panhandle wheat-fallow farm served as the representative firm. Standard production practices and technologies were used for computing costs. Machinery and operating costs were assumed to inflate five percent annually. Dryland wheat acreage was valued at $375 per acre ($926.63 per ha) in 1976 and was allowed to appreciate at an annual rate of four percent. A hypothetical series of three cyclical …

The Beef Delivery System: Optimal Plant Sizes, Locations And Product Flows, J. C. Hafer, J. G. Kendrick

Nebraska Agricultural Experiment Station: Historical Research Bulletins

The United States beef delivery system is composed of three stages: procurement, processing, and distribution. Minimization of costs associated with these stages can be accomplished best by identification of optimal plant sizes and locations. Research was directed toward an analytical approach that could be used to minimize total costs of the U.S. beef delivery system. This report will discuss the grid system used to divide the · United States into study units, describe features of the model used, discuss research results, and offer conclusions.

Farm, Ranch And Home Quarterly Institute Of Agriculture And Natural Resources, University Of Nebraska- Lincoln

Farm, Ranch and Home Quarterly

In this issue:

Facilities, Staff Benefit State......................... 2

Questions and Answers On Divorce....................... 3

Hassle-Free Guide to a Better Diet-Five Groups Aid in Wise Food Choices....................... 7

Enders Reservoir-Inflow Decline Poses Problem................ 8

Research Digest............................. 10

WEEDS-Identification Aids in Control ................... 12

1920-1980-60 Years of Tractor Testing ................... 14

Waste Recycling-A' Mountain' of Resources for Soil Improvement...................................... 18

Curriculum-Decision Making in Education........................ 22

New Directions in Research .............................. 24

Farm, Ranch And Home Quarterly Institute Of Agriculture And Natural Resources, University Of Nebraska- Lincoln

Farm, Ranch and Home Quarterly

In this issue:

IANR Energy Concerns..................... 2

Rust, Leaf Spot- Winter Wheat's Costly Foe..................... 3

The Swift Fox- An Endangered Species.................... 6

The Role of Women in Public Affairs..................... 8

Soybean Applicators- New Weapons Against Weeds................ 10

Close-up- Roller Herbicide Applicator................... 12

Research Digest.................. 14

Human Development and the Family- A Career to Touch All Ages, Areas of Family Life................... 16

Land Use- Nebraska's Changing Profile..................... 18

Energy Management- Best Weapons Against Rising Fuel Costs...................... 22

Farm, Ranch And Home Quarterly Institute Of Agriculture And Natural Resources, University Of Nebraska- Lincoln

Farm, Ranch and Home Quarterly

In this issue

: Market Center Proposed...................................... 2

Founder-Researchers Seek Baseline Information .......................... 3

Research Digest .......................................... 4

'Technical Assistance is Key In Food Production Development ......................... 6

Botulism-A Big Problem in a Small Package ........................ 8

Pen of Three-Youth Experience in Beef Production ...................................... 11

Applicators Tested for Soybean Herbicide Control ...................................... 12

Fuel Survey-Keeping Tabs on Energy Use ................... 14

Creativity in Young Children .............................. 16

Education Importance and Satisfaction- QUALITY OF LIFE................................ 18

Alexandria: A Study in Community Development .......................................... 22

Economic Implications Of Alternative Dry-Bulk Fertilizer Supply Systems: A South-Central Nebraska Case Study, Mary Berglund, Dale G. Anderson

Nebraska Agricultural Experiment Station: Historical Research Bulletins

This study analyzed the economic implications of alternative patterns of rail service for a case-study area in south-central Nebraska. Special attention was given to effects of branchline abandonments on the delivery system for dry-bulk fertilizer. The study was an extension of an earlier Nebraska track abandonment study which focused only on grain traffic. The purpose of the latest study was to establish the effect of including dry-bulk fertilizer, the major commodity moving into the area by rail, on the earlier results. The addition of fertilizer to the analysis did not appreciably change the outcome of the earlier grain-oriented study.

Farm, Ranch And Home Quarterly Institute Of Agriculture And Natural Resources, University Of Nebraska- Lincoln

Farm, Ranch and Home Quarterly

In this issue:

IANR Informs Nebraska .................................... 2

Electromagnetic Energy- Study Aims At Pest Control ............................... 3

IAN R Staff Reaches Out With' Partners' Exchange....................... 6

Weather or Not ... Climatology Center Prepares For the Future ................. 9

Compost: A Solution For Feedlot Wastes ...................... 13

Electron Microscope- An 'Eye' on Cattle Digestion .............................. 16

ALYSSA: Fascinating, Frustrating, Exhausting and Unsinkable ......................... 19

Research Digest .......................................... 21

The Hamburger Story- Beef Shortages Exceed Demands .......................... 22

Dixon County 4-Hers Adopt Grandparents ................... 24

Hybrid or Crossbred?- Genetic Study Shows the Basic Difference .................. 26

Nebraska Farm Real Estate Market Developments In 1978-79, Bruce Johnson, Ronald J. Hanson

Nebraska Farm Real Estate Reports

Farm real estate values in Nebraska have trended upward for several decades with only a few interruptions. In Nebraska as well as most of the Nation, dramatic increases have occurred within the last six years. The year 1978-79 was no exception.

Data released by the U.S. Department of Agriculture for February 1, 1979 showed a 22 percent increase in the average value of Nebraska farmland from a year earlier. This was certainly in contrast to the 4 percent drop in land values reported for 1977-78.

Results of the second annual Nebraska Farm Real Estate Market Survey conducted by the Department …

Farm, Ranch And Home Quarterly Institute Of Agriculture And Natural Resources, University Of Nebraska- Lincoln

Farm, Ranch and Home Quarterly

In this issue:

Exciting Events................. 2

Cracked Eggs Are No Yolking Matter.................. 3

Spinoff Research................ 5

Save Those Clippings!.................... 6

IANR Reaches Out- From Nebraska to the World................... 8

Rainbarrels and Reservoirs- Water Storage in Nebraska..................... 10

PUMP Helps Operators Trace Total Irrigation Costs.................. 14

Irrigation Weed Seed....................... 16

Telling the Water Level Story........................ 18

Family Importance and Satisfaction- Quality of Life................. 20

Fusarium Blight- A Common Disease in Bluegrass Lawns...................... 22

Composting Can Benefits Nebraska Communities.................... 25

Farm, Ranch And Home Quarterly Institute Of Agriculture And Natural Resources, University Of Nebraska- Lincoln

Farm, Ranch and Home Quarterly

In this issue:

We're Serving You ........................................ 2

Youth County-Juniors Find Action in County Government ............................... 3

Farmer's Market-From Farm to Fork ....................... 4

Dog Owner's Beware-Mosquitoes Spread Heart-worm in Nebraska ......................6

Tap and Sap-Making Maple Syrup in Nebraska .............. 8

How Do Children Cope When Parents Break Up? ............. 10

Free-Wheeling Garden Is Edible, Educational ................. 12

Citizenship Comes Alive-With Impact '78! .................. 14

Nebraskans Play a Role in Care Labeling .................... 16

Town or City-There's No Place Like HOME ................. 18

A Forecasting-Programming Method For Placement-Sales Decisions For A Beef Feedlot, Franz Schwarz, J. B. Hassler

Nebraska Agricultural Experiment Station: Historical Research Bulletins

This bulletin reports on a practical multi-period linear programming procedure as a management tool for decisions on placements and marketings for a beef feedlot operating over time under market uncertainty. Although the conclusions were based on application to an individual firm with uniqueness in time and space, the model should be equally appropriate for any firm's production and marketing decisions through time.

Farm, Ranch And Home Quarterly Institute Of Agriculture And Natural Resources, University Of Nebraska- Lincoln

Farm, Ranch and Home Quarterly

In this issue:

From the Vice Chancellor ................... 2

EFNEP Teachers Learn, Too ............................... 3

Learning to Live with Death....................... 4

How Prepared Were They to Teach?............................ 7

Effects of Production, Marketing Choices....................... 9

Close Rows Can Boost Yields .............................. 11

Financial Choices in Wheat Farming ........................ 13

Black Walnut is Prized Crop ............................... 15

Profits Fly Out When Insects Invade Stored Grain ............ 17

Computer Makes Drapery Calculations Easier ................ 19

Nebraska Farm Real Estate Market Developments In 1977-78, Bruce B. Johnson, Ronald J. Hanson

Nebraska Farm Real Estate Reports

Farm real estate represents about three-fourths of the total value of farm production assets in Nebraska. Consequently, changes in value, ownership patterns, and other characteristics of the farm real estate market exert significant impact on the economic and social well-being of agricultural producers, rural communities, and the State as a whole. The dynamics of the farm real estate market, particularly in recent years, suggests that accurate and complete information concerning this market is of great importance. From the standpoint of the public interest as well as that of individual participants, all land market decisions should be based upon a sound …

Farm, Ranch And Home Quarterly Institute Of Agriculture And Natural Resources, University Of Nebraska- Lincoln

Farm, Ranch and Home Quarterly

In this issue:

From the Vice Chancellor ............................... 2

Good Management Controls Feedlot Flies................. 3

Tractor Day-Something for Everyone...................... 5

How Not to Hit Your Children ........................... 7

Cottonwoods for Nebraska.......................... 9

Agricultural job Openings Forecast ........................ 11

Range judging-An Outdoor Classroom ................... 12

To Expand or Not to Expand? ............................ 14

Dry Bean Disease Plagues Farmers ........................ 16

Pest Center Serves Growers, Gardeners .................... 19

joint Venture Beef Fabrication ............................ 21

Rural Services: Worth the Cost? .......................... 23

Farm, Ranch And Home Quarterly Institute Of Agriculture And Natural Resources, University Of Nebraska- Lincoln

Farm, Ranch and Home Quarterly

In this issue:

A Message from the Vice Chancellor.....................2

Aircraft, Agriculture Still Go Hand-in-Wing ................ 3

Good Life Gardeners Help Save Wilting Tomatoes, Etc. ................... 5

Avoid Failure; Choose Flowering Crabs Carefully..................... 7

Natures's Dyes Can Color Your Home .................... 10

High Prospects Seen for Recombinant DNA .................. 12

That Elusive Something Called Satisfaction! ................... 14

Tie a Knot and Hang On! ................................ 17

Grasses Help Heal Sandhills' Blowouts ....................... 19

Guidelines For Articles Of Incorporation And By-Laws, John R. Uhrich, Philip A. Henderson, J. David Aiken

Department of Agricultural Economics: Faculty Publications

A growing number of farm and ranch owners are incorporating their farm or ranch businesses. In many instances, the farm or ranch operation has been incorporated primarily for estate planning purposes. Others have incorporated for income tax advantages, to limit liability, or for other reasons. The privilege to operate as a Nebraska based corporation is granted by the Nebraska Business Corporation Act. The Act requires an annual meeting of shareholders, election of directors, separate recordkeeping of corporate transactions, and the filing of annual reports4 with the State of Nebraska. Faih.,!re to comply with these statutory requirements can result in revocation …

Farm, Ranch And Home Quarterly Institute Of Agriculture And Natural Resources, University Of Nebraska- Lincoln

Farm, Ranch and Home Quarterly

In this Issue:

From the Vice Chancellor ............................... 2

Proso Millet Row Spacing ............................... 3

A Look at Farm Corporations in Nebraska.......................... 5

Impact '77 Helps Families Strengthen Ties ....................... 6

Beep! Beep! Beep! ................... 8

Quarterly Looks Back Over 25 Years ...................... 10

Grain Sorghum Residue-A Second Crop for Grazing ....... 12

Gain Sorghum Residue-What Can You Expect? ................ 14

Coydogs Play Role in Nebraska's Wilds ................... 17

Reader Survey ......................................... 19

Farm, Ranch And Home Quarterly Institute Of Agriculture And Natural Resources, University Of Nebraska- Lincoln

Farm, Ranch and Home Quarterly

In this issue:

2 From the Vice Chancellor

3 Behind the Branches

5 Loneliness

7 Sprayer Kills Weed Escapes and Recovers Your Herbicide

9 4-H Camps Serve Thousands

10 Enterprise Budgets Easier with AGNET's CROPBUDGET

12 Holiday Plants

15 Child Abusers: Myths and Realities

17 Tan Spot: NewBlight Threatens Wheat Growers

19 Composting Converts Waste Into Valuable Resources

22 Foundation Seed Division-Seeds' Genetic Purity Ensured

Farm, Ranch And Home Quarterly Institute Of Agriculture And Natural Resources, University Of Nebraska- Lincoln

Farm, Ranch and Home Quarterly

In this issue:

A Message from the Vice Chancellor................ 2

Needling Makes Beef More Tender .......................... 3

Detecting Herbicide Carryover in Soil ........................ 4

Roadside Marketing........................... 6

Many Uses Found for Geologic Maps ........................ 8

Nebraska Moves Ahead .................................... 10

Resistant Alfalfa Varieties Sought by Researchers ................................ 12

Kids Having Kids ................................... 14

Psuedorabies Virus Causes Producers Severe Losses ........................... 16

Corn or Grain Sorghum? ................................... 19

Don't Fool-Cooperate with Mother Nature ........................ 21

Sulfur Can Boost Corn Yields on Sandy Soils ........................... 23

Farm, Ranch And Home Quarterly Institute Of Agriculture And Natural Resources, University Of Nebraska- Lincoln

Farm, Ranch and Home Quarterly

In this issue:

A Message from the Vice Chancellor ......................... 2

International 4-H Youth Exchange ............................ 3

When Sudden Infant Death Strikes ........................... 4

Have You Been Duped? .................................... 6

Rain or Drought-Your Guess or Mine? ....................... 8

Becoming the Me I'd Like to. Be .............................. 10

TLC for Your Plants ........................................ 12

AgriScope ................................................. 15

Wheat Leaf Rust Attacks Crap Yields .......................... 16

Small Beef Packers Undergo. Changes ......................... 18

Energy Impacts on Nebraska Agriculture ...................... 20

Irrigation Scheduling Saves Time and Money .................. 22