Agricultural Economics Commons^™

Pricing Corn In 2000, Mike Turner

Cornhusker Economics

Begin thinking about pricing next year抯 corn crop (2000) as an important New Year抯 Resolution. For the third consecutive year, harvest time prices may be below the cost of production for even the most efficient Nebraska producers. As a result, producers will again be obliged to combine cash receipts from the sale of corn along with government program benefits (i.e., loan deficiency payments, transition payments and potential agricultural emergency program benefits) in an attempt to cover the cost of production.

Visiting Professors From The Ukraine And Russia, Lynn Lutgen

Cornhusker Economics

The Department became involved in a faculty exchange program this summer. Four visiting professors joined us in August and will leave on December 14 to return to their respective universities. They have taken classes, traveled and developed class outlines and news articles that will be used when they return home. Following are some of their impressions and things they have done during their visit to the United States. I thought the readers might be interested in some of their thoughts.

Livestock Waste Control Facility Inspection And Permit Requirements, J. David Aiken

Cornhusker Economics

Nebraska livestock waste control facility statutes require all livestock operations with at least 300 animal units (AUs) to be inspected by the Nebraska Department of Environmental Quality (DEQ) to determine whether livestock waste pollutes surface or groundwater. Livestock operations with less than 300 AUs are exempt from the feedlot permit and inspection requirements, unless those operations have had a confirmed discharge into waters of the state or a high potential for such a discharge. In such cases, DEQ must notify the livestock operation owner by certified mail. If an exempt producer has already requested a DEQ inspection, that request was …

Two "Oldies But Goodies" - Still Timely, Deb Rood

Cornhusker Economics

Difficult times in agriculture can strain family relationships. Here are two "oldies but goodies" that are still topical today.

Seed For 2000: Gmo Or No?, Roger Selley

Cornhusker Economics

Public response to genetically modified organisms, GMOs, has prompted concern about the market for GMOs and non-GMOs. Proponents argue that GMOs are safe and consumers and producers will benefit from GMOs. However, all technology has some risk. The risks that opposition groups are concerned about are wide ranging. There is concern that gene transfer itself is undesirable and could have some unintended effects on the genetic material. Others have environmental concerns. Some of the opposition to herbicide-ready soybeans, for example, derives from a concern that additional herbicide may be used with GMOs. Similarly, Bt corn may have some negative effects …

A Time To Rethink School Financing, Bruce B. Johnson, Brandon Raddatz

Cornhusker Economics

In our recently-completed study “Agricultural Property Taxation: A Comparative Analysis,” we have found that Nebraska ranks at the very top of the major agricultural states in terms of property tax burden on agricultural property. For the year 1998, Nebraska’s taxes per $100 of full market value of agricultural land averaged $1.16. This was 63 percent higher than the 19 major agricultural state averages of $0.71 and 71 percent higher than the 1998 average for the regional states (Nebraska and its six bordering states). If Nebraska had decreased taxes levied per $100 of full market value to the average of the …

Models Of Fsa Guaranteed Loan Use Volume And Loss Claims Among Arkansas Commercial Banks, Bruce L. Dixon, Bruce L. Ahrendsen, Scott M. Mccollum

AAES Research Reports and Research Bulletins

The Farm Service Agency (FSA) guaranteed loan programs are an important source of credit to production agriculture. The two major guaranteed loan programs are the operating loan (OL) program and the farm ownership (FO) loan program. Guaranteed loans insure payment to the lender of up to 95% of the losses in the event of borrower default. FSA has historically been involved in lending to farm operators via direct loans, but emphasis has changed over the last two decades to making guaranteed loans the primary source of FSA associated lending to production agriculture. This study seeks to determine what characteristics of …

Bulletin 4396 - Byenup Hill Focus Catchment Benefit: Cost Analysis, Allan Herbert

Bulletins 4000 -

The main text of this document concentrates on the costs of the proposed strategies, and the on-farm financial benefits from forecast production changes - in particular the production differences between the 'do nothing' and 'with strategy' scenarios.

Members of the catchment group indicated however that their main focus was on preserving their capital base. Hence some discussion of the values of land lost to salt and premiums/discounts for 'landcared' vs 'unlandcared' land appears later in the report. Economics literature suggests that including changes in land values into these analyses is incorrect. It is argued that production differences are actually captured …

Rising Above The Herd - An Analysis Of The Western Australian Beef & Cattle Industry, Andrew Quinn, Ashley Manners

Animal production and livestock published reports

This report has been produced at the request of the Agriculture Western Australia, Meat Program Partnership Group. The intention of the report is to set out a number of priority areas for concentrated Agency and industry attention to assist with the development of the Western Australian beef and cattle industry.

• Global per capita consumption of beef is currently flat to slowly reducing, with total consumption volumes rising in line with population and wealth increases.

• Global trade in live cattle is experiencing a slow, steady increase in volumes influenced by trade factors encouraging in-country processing and finishing of cattle, and a …

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Summary Of 1998 Income And Expenses From 12 Monitor Dairy Herds In Nebraska, Krishna R. Boddugari,, Doug Jose

Cornhusker Economics

A survey was conducted involving 12 monitor dairy farms in Nebraska. The size of the farms ranged from 160 to 625 cows, and all of the farms had dairy as the primary enterprise. The farmers were asked to complete input forms that were sent to them. The data was then analyzed using a spreadsheet program developed at the University of Missouri. Income and expenses involved only in the dairy enterprise were considered. Values for some expense items that were common to both the dairy and crop enterprises were split proportionately based on the percentage use on the dairy. This number …

Pricing Agricultural Products And Commodities, Jim Kendrick

Cornhusker Economics

The price of corn at most any location is based on the price of Chicago Board of Trade corn futures. There, corn is assumed to be #2 yellow and is a commodity that is carefully specified as to its quality anywhere in the world.

Feed Cost – Critical To Pork Producers, Allen Prosch

Cornhusker Economics

While low grain prices are burdensome for grain producers, they offer some relief for pork producers. Until live hog supplies decrease, producers are faced with a poor outlook for prices. Therefore, keeping control of input cost, especially feed cost, will be critical to success.

What's Your Family Living Expense Per Bushel?, Larry Bitney

Cornhusker Economics

A speaker at the Women in Agriculture conference in Kearney last month said a woman told him that her family’s living expense was 39 cents per bushel of corn. This made me curious as to how some of our data compared. First, I looked at an example farm situation on a worksheet which we use to help producers allocate their costs to individual enterprises. Surprisingly, the family living expense was also 39 cents per bushel of corn. It was 94 cents per bushel of soybeans and $4.50 per hundredweight of hog production.

Ua66/5 Newsletter, Wku Agriculture

WKU Administration Documents

Newsletter created by WKU Agriculture Department re: faculty/staff, students/alumni, student organizations and clubs and donors.

Miscellaneous Publication 53/99 - Ideas A Diversification Manual For The Pastoral Rangelands, Kaz Price, Lee Verios

Farm Systems and Economics published reports

In 1993 the Pastoral Wool Industry Task Force recognised the diminishing returns to wool production and the need for Rangeland enterprise diversification and other risk management strategies

This manual has been developed to assist pastoralists through the decision making process when considering diversification and contains:

• business and finance planning;
• business structures;
• legislative requirements and also includes;
• current contacts for a range of industries

The manual has been produced in response to a range of questions from pastoralists wishing to investigate and develop alternate enterprises for the semi-arid Rangelands of Western Australia.

Cropshare Lease Arrangements For Intensive Dryland Cropping Systems, Paul A. Burgener

Cornhusker Economics

Changes in U.S. agricultural policy implemented following the 1996 Farm Act have allowed producers to consider different cropping systems without restrictions on farm program payment eligibility. As a result, planting decisions have been shifting in response to market prices, conservation compliance and production goals. Some dryland crop producers are using more intensive dryland crop rotations to potentially increase farm income levels. In the past three years, Western Nebraska has seen a decrease in the number of acres planted to wheat, and an increase in the number of acres planted to sunflowers, proso millet, dryland corn and other specialty crops.

Take Time To Listen, Deb Rood

Cornhusker Economics

Harvest is one of those times when it抯 the best and worst of times on a family farm. The anticipation of harvesting your crops is always a highlight for families, the stress of actually getting it done can be overwhelming. One of the things family members can do to make harvest less stressful is to take time to listen to each other. Good communication between family members can make harvest one of the best times. Especially if you know exactly what part you need for the combine. Here are a few tips to help you become a better listener:

1999 Nebraska Livestock Legislation, J. David Aiken

Cornhusker Economics

Several bills dealing with livestock issues were enacted in 1999, including LB882 (temporary zoning), LB870 (livestock waste permits) and LB835 (livestock contracts).

2000 Winter Wheat Budgets For South Dakota, Department Of Economics

Economics Pamphlet Series (1985-2016)

No abstract provided.

Flexible Cash Leases: Some Additional Considerations, Roger Selley

Cornhusker Economics

In the February 24, 1999 issue of this newsletter, John Cole discussed the idea of flexible cash leasing and described some examples for adjusting cash rents. Several of us have continued to discuss the flexible cash lease and have further explored its application. Part of our interest in flexible cash leases has been due to the relatively infrequent rate at which cash rents are adjusted (an average of once every 5 years in Nebraska) and a shift that has been taking place from crop-share rents to fixed cash rent. Some of what we have discovered in looking more closely at …

Cost Of Augmenting Stream Flow Through Reduced Groundwater Pumping, Raymond J. Supalla, Osei Yeboah

Cornhusker Economics

There is currently considerable speculation and concern over the possibility of using reduced groundwater pumping to augment stream flow. This option has been raised as a possibility for helping Nebraska meet its compact obligations on the Republican River and as a means of providing part of the instream flow needs in the Big Bend reach of the Platte. The merits of this option depend on hydrology, value judgements regarding property rights and entitlements and on the economic cost of reduced pumping. This paper addresses only the question of economic cost.

Dairy Options Pilot Program, Rama S. Valluru

Cornhusker Economics

Dairy producers are more prone to production, marketing and financial risks than ever because they have few marketing alternatives, despite the highly volatile milk prices. Considering the precarious situation that dairy farmers face, USDA's Risk Management Agency (RMA) has launched a novel costshare program in select states and counties across the nation that allows farmers to try and use futures and options markets. The program, Dairy Options Pilot Program (DOPP), at a cost of $11 million is a first of its kind. Launched under the 1996 FAIR Act, it was first announced on June 8, 1998 by the Secretary of …

Valuing A Replacement Heifer, Richard Clark

Cornhusker Economics

Fall is an important time for Nebraska beef cattle producers. Decisions are often made about retaining or acquiring replacement females for either sustaining or growing the beef cow herd. Just how many bred heifers or heifer calves should be retained or acquired will depend on the replacement rate for the mature cows and whether or not the producer is planning to change total cow numbers. An important aspect of the retention (or buying) decision is the value of a bred female.

Structural Change In The Pork Industry - Another Perspective -, Mike Turner

Cornhusker Economics

Observers of the pork industry have had ample opportunity to explain what has transpired during the 1990's. It has been a period of dramatic and remarkable change. Concentration in production and processing has been a major part of the story. Approximately 8 percent of U.S. hog production was contributed by Mega hog farms at the beginning of the decade to over 50% by firms with 10,000 sows or more by 1999. The reasons for this remarkable growth in concentration are undoubtedly many.

Declining Crop Diversity And Increasing Industrialization, Larry Cutforth, Gary D. Lynne

Cornhusker Economics

For centuries, farmers have used crop rotations to diversify crop production. During the last 30 years, most crop rotations have been eliminated as part of the shift toward enterprise specialization. Chemical inputs, improved hybrids and varieties and large field machinery have increased productivity and pushed the production of the major commodity crops with ever fewer farmers. The continued shift toward less diverse and industrialized farming is considered by many experts to be inevitable, as well as essential to support a growing world population on a diminishing agricultural land base (Urban, 1991).

Some Thoughts About The Number And Size Of Farms In Nebraska, Roy Frederick

Cornhusker Economics

The 1997 Census of Agriculture indicated that Nebraska had 51,454 farms at the end of that year. (A farm is a place from which $1,000 or more of agricultural products are sold annually). This is the smallest number of farms since early in the state抯 history.

Agricultural Land Values In South Dakota: A Comparison Of Methods And Findings From Two Surveys: 1995-1999, Larry Janssen

Economics Research Reports (1969 - 2017)

This report provides comparative findings from two South Dakota farmland market value surveys (SDSU and SDASS) for the 1995 - 1999 period. The annual SDSU farmland market survey is a key informant mail survey of agricultural appraisers, lenders, and extension educators. The annual SDASS county-level farmland survey results are based on nearly 3300 telephone survey responses from a random sample of farmers and ranchers. This report also includes considerable documentation of methods used to generate land value estimates at the regional and statewide level from available data in both surveys. The results and discussion sections include comparisons of: (1) relative …

Historical Evolution Of Crop Systems In Eastern South Dakota: Economic Influences, Linda Dumke, Thomas L. Dobbs

Economics Research Reports (1969 - 2017)

Cropping systems in the United States and throughout much of the world have moved toward shorter and less diverse rotations during the last half of the twentieth century. However, as we approach the new millennium, there is growing concern about the ecological sustainability of monocultures and such narrow rotations as the com-soybean rotation. Problems of pest control, crop disease, groundwater contamination from chemical pesticides and fertilizers, and soil erosion are proving to be very difficult when crop rotation systems lack diversity. "Silver bullet" technologies sometimes buy time, but without diversity, new ecological problems soon replace the problem just "solved" with …

Are The Market Lows In For Wheat?, Lynn Lutgen

Cornhusker Economics

On July 12, 1999, the United States Department of Agriculture released its crop production report. The report indicated that all wheat production is down nine percent from 1998. The 1999 United States wheat crop is now estimated at 2.333 billion bushels, which is 217 million less than the 1998 harvest.

Are The Market Lows In For Wheat?, Lynn Lutgen

Cornhusker Economics

On July 12, 1999 USDA released it’s crop production report. The report indicated that all wheat production is down nine percent from 1998. The 1999 U.S. wheat crop is now estimated at 2.333 billion bushels, which is 217 million less than the 1998 harvest.