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Articles 481 - 510 of 556
Full-Text Articles in Agricultural Economics
To Diversify Or Not? A Lesson From A Harvard Research Study, Ram Valluru
To Diversify Or Not? A Lesson From A Harvard Research Study, Ram Valluru
Cornhusker Economics
Not long ago in 1998, Doug Jose and I conducted 16 focus group interviews with a diverse set of beginning farmers across the state, to learn about the main constraints and opportunities for beginning farmers. Despite the diversity, a common thread seems to run across the fabric of these farmers: a strong goal to have the country lifestyle and independence. Almost all the farmers expressed a severe resource crunch. Two thirds of the producers that were interviewed expressed that they were struggling to make a decent living on the farm, netting at least $ 35,000 per year. As an economist, …
Direct Farm Marketing - Rural Economic Development Opportunities, Marilyn R. Schlake
Direct Farm Marketing - Rural Economic Development Opportunities, Marilyn R. Schlake
Cornhusker Economics
Direct farm marketing is once again on the rise. Enterprising producers across the nation are developing a renewed interest in direct sales for numerous reasons - - low farm-gate prices, increased interaction between farming communities and growing suburbs, increased interest in food safety and the environment and a willingness of consumers to purchase food products at a premium price. Direct marketing potentially means preserving small farms, strengthening the social relations between rural and urban citizens and rural economic development.
Industrialization And Globalization: A Battle Over Values?, Gary D. Lynne
Industrialization And Globalization: A Battle Over Values?, Gary D. Lynne
Cornhusker Economics
About a year ago a French farmer proclaimed, while he checked himself into jail for his part in vandalizing a new McDonald’s restaurant, “My struggle remains the same . . . the battle against globalization, and for the right of people to feed themselves as they choose'' (New York Times, August 29, 1999). Such protests reflect even more fundamental underlying concerns for food produced in ways not always meeting higher level needs, e.g., not satisfying the cultural needs for the French, a country in which the event of a meal is often just as important as the food itself. The …
What Can We Expect From The Markets For The Next Few Months, Lynn Lutgen
What Can We Expect From The Markets For The Next Few Months, Lynn Lutgen
Cornhusker Economics
When we started into June we had the chance of fluctuating markets due to drought in some areas and hot weather coupled with inadequate subsoil moisture in other areas of the United States. Then the rains started, and since then we have had general widespread and very adequate rainfall. Now that is not to say that some areas such as Southwestern Nebraska are not suffering from drought conditions, but for most of the U.S. the drought and chance of drought has certainly been curtailed.
Acreage Trends Mixed For Gmos, Roy Frederick
Acreage Trends Mixed For Gmos, Roy Frederick
Cornhusker Economics
USDA’s June Crop Report made headlines mostly because the corn acreage planted for 2000 exceeded expectations. At 79.6 million acres, the total was at least 1 million acres higher than most pre-report guesses. Prices skidded, helped along by reports of timely rains throughout the Corn Belt.
Farm Use Of Computers And Internet, Matt Spilker
Farm Use Of Computers And Internet, Matt Spilker
Cornhusker Economics
The availability of personal computers and the Internet has changed the business climate on farms and ranches across the United States. Record keeping, business analysis, communications and marketing are a few notable examples of potential computing applications. But how many in the farm sector have taken advantage of this potential tool?
Responding To Financial Stress, Larry L. Bitney
Responding To Financial Stress, Larry L. Bitney
Cornhusker Economics
Drought, low grain prices and high fuel prices are on the minds of many Nebraska farm families this summer. The impact of these events will of course be different by area of the state, by enterprise mix on each farm and the financial position of the business coming into this year. Unless managed properly, these events are likely to lead to financial difficulty this fall or next spring.
Who Is Buying Nebraska Farmland?, Bruce B. Johnson, David Drozd
Who Is Buying Nebraska Farmland?, Bruce B. Johnson, David Drozd
Cornhusker Economics
As part of our ongoing monitoring and analysis of Nebraska抯 agricultural land market, we have tracked for several years the patterns and trends of actual real estate transactions. Each year, our reporters from around the state provide us with detailed information on about 500 transactions which have occurred during the previous 12 months. They report on sales which they deem as armslength and typical for their locality. Given that only about three percent of the state's agricultural land base changes ownership each year, the tracts reported in our survey represent about 10 percent of the total annual transactions? a size …
Preharvest Soybean Marketing Strategies, George H. Pfeiffer, Roger K. Wilson, Jim Kendrick
Preharvest Soybean Marketing Strategies, George H. Pfeiffer, Roger K. Wilson, Jim Kendrick
Cornhusker Economics
Soybean producers who decide to use the futures markets to price their crop face a number of important decisions. Among the choices they face are whether to use futures or options on futures, when should positions be established and liquidated, which futures months are most appropriate and what particular marketing strategies or combinations of strategies to employ. Ongoing research in Nebraska on soybean marketing strategies from the early 80's through the present has revealed evidence that relatively simple marketing strategies employing futures markets can be profitable for producers, and that the most profitable strategies have been relatively consistent over time. …
Telecommunications Act Of 1996: Issues That Effect Nebraskans, John J. Allen
Telecommunications Act Of 1996: Issues That Effect Nebraskans, John J. Allen
Cornhusker Economics
With the passage of the Telecommunications Act of 1996, the pace of regulatory change increased exponentially. The impact on rural areas is significant; the issues specific to Southern states and communities unique. This report provides a brief history of telecommunications regulation and an overview of the key elements of the Telecommunications Act of 1996. Innovations in state telecommunications regulations, as well as a summary of actions taken by Southern states since the 1996 Act was adopted, are discussed. After this whirlwind tour of telecommunications regulation, the report examines the evidence for the importance of telecommunications technology in rural areas and …
U.S. Economy Less Robust, Roy Frederick
U.S. Economy Less Robust, Roy Frederick
Cornhusker Economics
The U.S. economy is a lot like the human body. Experts know a great deal about both. That doesn’t mean, however, that quick remedies are possible for every ailment that comes along.
An Economic Development Strategy For Rural Nebraska: Recommendations From The Nebraska Rural Development Commission, Sam Cordes
Cornhusker Economics
Earlier this year the Nebraska Rural Development Commission released a report titled Determining the Future of Rural Nebraska. The stated goal of the report is ?..to stimulate discussion, debate and consensus regarding what we should be doing locally, regionally, and at the state level and nationally to create our future for the next millennium.?This 53 page report provides a wealth of information and ideas for anyone who is interested in the future of rural Nebraska.*
Planning For Beef Cattle Operations In The Face Of Drought, Richard T. Clark
Planning For Beef Cattle Operations In The Face Of Drought, Richard T. Clark
Cornhusker Economics
Parts of Nebraska are extremely dry. Even timely rains are not likely to result in normal crop and grass production on non-irrigated ground. Livestock operations dependent on grass from April through the remainder of the year are greatly susceptible to problems. Below normal grass production will mean lower carrying capacities. Rainfall shortage may also impact livestock drinking water in areas with shallow wells and areas that depend on small earthen dams. Early planning usually offers more options since the options are often time dependent. But late planning is better than no planning.
1999 Farm And Ranch Profitability, Gary Bredensteiner
1999 Farm And Ranch Profitability, Gary Bredensteiner
Cornhusker Economics
For the past 5 years, the Nebraska Farm Business Association (a Cooperative Extension program) and the Nebraska Farm and Ranch Management (a Nebraska Community College program) have used the same computer program to provide business financial analysis information to cooperating farms and ranches. Each of those 5 years, average data has been compiled and published in a year-end report provided free to cooperators and offered for sale to the general public. Following are a few excerpts and observations from the 56 page publication.
Endangered Species, The Platte Cooperative Agreement, Environmental Assessment And Nebraska Water Rights, J. David Aiken
Endangered Species, The Platte Cooperative Agreement, Environmental Assessment And Nebraska Water Rights, J. David Aiken
Cornhusker Economics
On July 1, 1997, the states of Nebraska, Colorado and Wyoming, and the U.S. Department of the Interior signed the "Cooperative Agreement for Platte River Research and Other Efforts Relating to Endangered Species Habitat Along the Central Platte River, Nebraska," more commonly known as the Platte River Cooperative Agreement (PRCA). The PRCA is a proposed framework for cooperatively addressing Platte River endangered species issues. In order to implement the PRCA, the endangered species recovery program that the PRCA proposes must be reviewed and federally approved under the federal Endangered Species Act (ESA) and the federal National Environmental Policy Act (NEPA). …
New Generation Cooperatives, Jeffrey S. Royer
New Generation Cooperatives, Jeffrey S. Royer
Cornhusker Economics
New Generation Cooperatives (NGCs) are farmerowned cooperative organizations generally characterized by an involvement in value-added processing activities and a linkage of producer capital contributions to product delivery rights. Although the earliest NGCs were established in the North Central United States, particularly in North Dakota and Minnesota, interest in this organizational form has spread to other regions of the country because of the perceived success of many of these cooperatives. Recently, NGCs have been involved in traditional value-added activities such as corn sweetener production, sugar beet processing, pasta production and hog operations, as well as activities related to emerging niche markets …
Producer Ownership In The Marketing Chain, Allen Prosch
Producer Ownership In The Marketing Chain, Allen Prosch
Cornhusker Economics
Pork producers continue to seek avenues to retain ownership of their product as it moves along the “Pork Supply Chain.” The activities being considered have the potential to improve the return that producers receive for their products. Many of the activities have broader implications to all production agriculture.
Divide And Conquer Marketing, Deb Rood
Divide And Conquer Marketing, Deb Rood
Cornhusker Economics
Why is commodity marketing so hard to learn? Whenever you start you become overwhelmed with information. You hear from one advisory telling you to sell puts, another is telling you to buy calls. You are told to cover your costs of production. They want you to watch the charts for a head and shoulders, which you thought was in the shampoo isle at the grocery store. Learning marketing can be confusing and daunting, causing many producers to just give up. But the hard fact is, that if you are selling grain or livestock some basic knowledge in marketing is a …
Fuel Prices And Farm Costs, Larry L. Bitney, Wade Nutzman
Fuel Prices And Farm Costs, Larry L. Bitney, Wade Nutzman
Cornhusker Economics
We have received questions lately on the impact of increased fuel prices on Nebraska's agricultural producers. While the direction is certain, the magnitude of the effect is a difficult question to answer. Strategies employed by individual producers that we have visited with range from a few who locked in diesel fuel prices at lower levels, to those who were waiting as long as possible to buy their fuel for spring work.
Feedgrain Prices, Hog Production And Fixity, Glenn A. Helmers
Feedgrain Prices, Hog Production And Fixity, Glenn A. Helmers
Cornhusker Economics
One of the characteristics of the feedgrain sector in recent years has been its large year to year price fluctuations. There are two possible causes for these fluctuations in prices: 1) short-run (one year or less) changes in domestic and export demands, and (2) weather-related shifts in the supply of feedgrains in the face of a feedgrain demand, which exhibits little price responsiveness in the short-run. While both aspects may be involved, here we will examine only the second issue of why fluctuations in domestic feedgrain supply result in such wide fluctuations in prices, due to feedgrain demand being so …
Transgenic Sugarbeets: Potential For Increased Farm Income, Dillon Feuz
Transgenic Sugarbeets: Potential For Increased Farm Income, Dillon Feuz
Cornhusker Economics
Sugarbeets are grown on nearly 1.5 million acres in the United States, with a production value in excess of $1.1 billion for the 1997 crop year. In Nebraska, sugarbeets are grown on over 65,000 acres in a dozen western counties generating over $36 million dollars in farm revenue. There are two active sugar refineries in the area that contribute to the local economy in terms of value added activity.
Price Enhancement And Risk Management, Roger Selley
Price Enhancement And Risk Management, Roger Selley
Cornhusker Economics
In the recent 2000 Corn-Soybean Expo Marketing workshops participants were given an opportunity to market corn and compare their decisions with others. The workshop is described below, along with some of what we learned. Participants were asked to decide whether they wanted to purchase CRC multi-peril crop insurance and how much corn they wanted to cash forward contract from early April to late July for harvest-time delivery. For workshops in predominately irrigated areas, participants were given past corn yields for a 500-acre farm with a 10- year average yield of 165 bushels per acre based on actual yields from a …
Nebraska’S Agricultural Real Estate Market Holds Steady, Bruce B. Johnson
Nebraska’S Agricultural Real Estate Market Holds Steady, Bruce B. Johnson
Cornhusker Economics
Despite the generally poor commodity prices during most of 1999, the markets for agricultural land remained relatively unchanged in terms of value levels and cash rental rates. Preliminary results from the February 1, 2000 UNL land market survey indicate a state all-land average value of $696 per acre, less than a 1 percent increase from 12 months earlier (Figure 1 and Table 1). For the state as a whole, the various classes of cropland moved slightly in both directions of year-earlier levels, with the 12-month changes being hardly more than the recent daily gyrations of the stock market. And though …
Farmers's Preferences For The Structure Of Agriculture, Communities And Employment In The Future, John C. Allen, Rebecca Filkins
Farmers's Preferences For The Structure Of Agriculture, Communities And Employment In The Future, John C. Allen, Rebecca Filkins
Cornhusker Economics
Tensions continue to develop as farmers and ranchers face changing international marketing conditions, changes in their communities and changes in the overall structure of food and fiber production. In the most recent Nebraska Rural Poll, farmers and ranchers were asked their preferences about the future as well as their expectations for what is to come.
Special Master Decision In Republican River Lawsuit, J. David Aiken
Special Master Decision In Republican River Lawsuit, J. David Aiken
Cornhusker Economics
On January 28, 2000 the Special Master issued his first ruling in the Kansas v. Nebraska and Colorado lawsuit on the Republican River Compact. The ruling establishes that groundwater pumping in Nebraska will be part of the lawsuit. While the ruling is a legal setback for Nebraska, it does not come as a surprise.
Changes Continue ?Some Observations, Wade Nutzman
Changes Continue ?Some Observations, Wade Nutzman
Cornhusker Economics
As we enter the new century, one wonders what type of changes ag producers will face. What are some of the main factors that will shape the future? Will many things stay the same as they have been in the past? I started making notes of some of these concepts a few weeks ago. From my perspective, some items on this list deserve mention. These are things that I have heard producers talk about when I have worked with them over the past few years. Some are my observations of what is 慸own the road?for Nebraska agriculture.
The Relationship Between Captive Supplies And Spot Cattle Prices: Is It Causation Or Merely Correlation?, Azzeddine M. Azzam
The Relationship Between Captive Supplies And Spot Cattle Prices: Is It Causation Or Merely Correlation?, Azzeddine M. Azzam
Cornhusker Economics
Attempts by agricultural economists to estimate the relationship between captive supplies and spot cattle prices span over thirty years. What we know is that the relationship is negative. That is, when captive supply usage goes up, spot cattle prices go down. What we don’t know is whether or not the negative relationship means that an increase in captive supply usage causes a decline in cattle prices, thus hurting independent cattle producers. Results of a recent investigative research report, using an extensive data set from the Texas Panhandle, suggests that the observed negative relationship should not be taken as causation.
Trends In Retailing Activity Across Nebraska, Bruce B. Johnson, Brandon Raddatz
Trends In Retailing Activity Across Nebraska, Bruce B. Johnson, Brandon Raddatz
Cornhusker Economics
The structural trend in production agriculture towards fewer and larger farms has had its counter-part in the retailing sector of the state as well. Over the past 30 years, the total retailing pie has increasingly shifted to the larger retailing centers across the State. The smaller retailing centers, particularly, have experienced greater retailing leakage. Moreover, these general shifts have seemed to continue unabated regardless of the overall economic conditions of their regions.
What Crop Should Be Grown If The Drought Continues?, Douglas H. Jose
What Crop Should Be Grown If The Drought Continues?, Douglas H. Jose
Cornhusker Economics
Drought! Although it is a dreaded word in Nebraska we have not had to deal with a serious drought for many years. As of late January there is virtually no moisture in the soil profile. It is about 9 months before harvest and our moisture conditions can change significantly in that period. However, crop selection and crop insurance decisions will soon need to be made. The deadline to purchase crop insurance for spring seeded crops is March 15. In light of the low soil moisture conditions, should non-irrigated growers plant corn or grain sorghum? Over the past 10 years there …
Returns To Taxpayers' Research Expenditures: A Case In Point, Richard K. Perrin
Returns To Taxpayers' Research Expenditures: A Case In Point, Richard K. Perrin
Cornhusker Economics
For more than a century, taxpayers in Nebraska and across the nation have invested in agricultural research through the University of Nebraska's Agricultural Research Division (ARD). In the past two fiscal years, the ARD received an average of $27 million from state taxpayers and $13 million from federal taxpayers - a total of $40 million per year. In the study described below, we found that the annual net benefit from just one ARD research effort is about equal to this entire public expenditure.