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Agricultural Economics Commons™

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2020

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Articles 121 - 150 of 231

Full-Text Articles in Agricultural Economics

Economic Contribution Of The Agricultural Sector To The Arkansas Economy In 2018, Leah English, Jennie Popp, Wayne Miller Jun 2020

Economic Contribution Of The Agricultural Sector To The Arkansas Economy In 2018, Leah English, Jennie Popp, Wayne Miller

AAES Research Reports and Research Bulletins

Agriculture and associated agricultural activities are major contributors to the Arkansas economy. Agriculture is defined as the sum of agricultural production and processing activities, unless otherwise specified, and includes crop and animal production and processing, agricultural support industries, forestry and forest products, and textile goods. Agriculture contributes to the economy through direct agricultural production and value-added processing, leading to economic activity in other parts of the economy. This report is the thirteenth in a series that examines agriculture’s economic contribution to the Arkansas economy. The total economic contribution of agriculture (direct, indirect, and induced effects) on value added, employment, and …

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The Impact Of The Covid-19 Crisis On Nebraska's Ethanol Industry, John C. Beghin, Sushant Timalsina May 2020

The Impact Of The Covid-19 Crisis On Nebraska's Ethanol Industry, John C. Beghin, Sushant Timalsina

Cornhusker Economics

This article looks at the impact of the pandemic crisis on Nebraska’s ethanol industry. We trace the changes in return margins since the last quarter of 2019 to early May of this year and show the deterioration of these margins and the resulting reduced returns, gross revenues and production reduction induced by the low returns.

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Size And Scope Of Daggett County Agriculture 2020, Ryan Feuz, Ryan Larsen, Boyd Kitchen May 2020

Size And Scope Of Daggett County Agriculture 2020, Ryan Feuz, Ryan Larsen, Boyd Kitchen

All Current Publications

Daggett County is located along the eastern top border of Utah. To the north, Daggett County is bordered by Wyoming while Colorado shares its border to the east. Other surrounding Utah counties include Uintah, Duchesne, and Summit. In the 19th century, the area was a favorite for mountain men, fur trappers, and traders. Ranching and farming have always played an important role in Daggett County. Its primary economic base today comes from tourism and recreation. The population was estimated at 1,029 in 2017. This fact sheet provides details on the land ownership, growing season, crop and livestock production, and farm …

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Size And Scope Of Millard County Agriculture 2019, Ryan Feuz, Ryan Larsen, Mark Nelson May 2020

Size And Scope Of Millard County Agriculture 2019, Ryan Feuz, Ryan Larsen, Mark Nelson

All Current Publications

Millard County borders Nevada on the west. It is in the center of the western border of Utah. Surrounding Utah counties include Juab, Sanpete, Sevier, and Beaver. The population was estimated at 12,863 in 2017. The county has a total area of 6,828 square miles, making it the third largest county in Utah. The Sevier desert covers much of the county with the Pahvant Mountains forming the eastern county boundary. This fact sheet reviews the irrigation, crop and livestock production, land ownership, growing season, and farm income of Millard County agriculture.

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Size And Scope Of Iron County Agriculture 2019, Ryan Larsen, Ryan Feuz, Mark Nelson, Chad Reid May 2020

Size And Scope Of Iron County Agriculture 2019, Ryan Larsen, Ryan Feuz, Mark Nelson, Chad Reid

All Current Publications

Iron County is located in the southwestern portion of the state and is bordered by Nevada on the west. Other surrounding Utah counties include Beaver, Garfield, Kane, and Washington. As of 2017, the population was estimated at 51,001. The county seat is Parowan, while the largest city is Cedar City. This fact sheet details the land ownership, growing season, crop and livestock production, and farm income of Iron County agriculture.

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Workforce Development In A Post-Covid World: A Grassroots Approach, Cheryl A. Burkhart-Kriesel, Kristina Bayton, Samantha Guenther, Blayne Sharpe May 2020

Workforce Development In A Post-Covid World: A Grassroots Approach, Cheryl A. Burkhart-Kriesel, Kristina Bayton, Samantha Guenther, Blayne Sharpe

Cornhusker Economics

As the world slowly emerges from COVID 19 both the virus and the lingering effects on the economy will be in the spotlight. There is a real urgency to get businesses up and running and employees working again. Some businesses may be able to "flip a switch" and up to speed while other may need to ramp up more slowly and will only be able to "turn up the dial." In both situations, there are implications for the local workforce and for the community.

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Size And Scope Of Piute County Agriculture 2019, Ryan Feuz, Ryan Larsen, Trent Wilde May 2020

Size And Scope Of Piute County Agriculture 2019, Ryan Feuz, Ryan Larsen, Trent Wilde

All Current Publications

Piute County is located in the south-central part of Utah. The county seat is Junction and the largest city is Circleville. Other surrounding Utah counties include Sevier, Wayne, Garfield, Iron, and Beaver. In 2017, the population was estimated at 1,420, making it the second least populated county in Utah. This fact sheet provides details on the land ownership, growing season, crop and livestock production, and farm income of Piute County agriculture.

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Size And Scope Of Rich County Agriculture 2019, Ryan Feuz, Ryan Larsen, Dallen Smith May 2020

Size And Scope Of Rich County Agriculture 2019, Ryan Feuz, Ryan Larsen, Dallen Smith

All Current Publications

Rich County is located in the northeast corner of Utah. The county contains roughly half of Bear Lake and is bordered by Idaho on the north and Wyoming on the east. Other surrounding Utah counties include Summit, Morgan, Weber, and Cache. In 2017, the population was estimated at 2,391. The largest town is Garden City, primarily supported by the tourism industry surrounding Bear Lake. The county seat is Randolph. This fact sheet provides details on the land ownership, growing season, livestock production, farm income, and age of operator for Rich County.

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A Perspective On Changes Across The U.S. Corn Belt, Eric Hunt, Hannah Birge, Christopher Laingen, Mark Licht, Justin Mcmechan, William Baule, Tom Connor May 2020

A Perspective On Changes Across The U.S. Corn Belt, Eric Hunt, Hannah Birge, Christopher Laingen, Mark Licht, Justin Mcmechan, William Baule, Tom Connor

Faculty Research and Creative Activity

No abstract provided.

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North Central Extension Risk Management Education Center, Christine Lockert, Bradley D. Lubben May 2020

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

Cornhusker Economics

Managing through the current economic challenges and accumulating shocks in ag sector will be a major challenge for farmers and ranchers. Educating producers to manage these risks and position their farm or ranch for future growth and success is the fundamental purpose of the Extension Risk Management Education (ERME) program.

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Comparing Water Use Forecasting Model Selection Criteria: The Case Of Commercial, Institutional, And Industrial Sector In Southern California, Dilek Uz, Steven Buck May 2020

Comparing Water Use Forecasting Model Selection Criteria: The Case Of Commercial, Institutional, And Industrial Sector In Southern California, Dilek Uz, Steven Buck

Agricultural Economics Faculty Publications

The United States is one of the largest per capita water withdrawers in the world, and certain parts of it, especially the western region, have long experienced water scarcity. Historically, the U.S. relied on large water infrastructure investments and planning to solve its water scarcity problems. These large-scale investments as well as water planning activities rely on water forecast studies conducted by water managing agencies. These forecasts, while key to the sustainable management of water, are usually done using historical growth extrapolation, conventional econometric approaches, or legacy software packages and often do not utilize methods common in the field of …

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Nebraska National Agri-Marketing Association And The Covid-19 Effect, Austin Harthoorn, Rosalee A. Swartz May 2020

Nebraska National Agri-Marketing Association And The Covid-19 Effect, Austin Harthoorn, Rosalee A. Swartz

Cornhusker Economics

The University of Nebraska-Lincoln’s National Agri-Marketing Association (NAMA) student organization is one of more than 30 student chapters across the U.S. and Canada. The objective of the student NAMA on campus is to learn first-hand about the many career opportunities in agri-marketing from professionals in marketing, advertising, communications, promotion, sales, and public relations. As chapter members, students develop valuable personal contacts and working relations with agri-marketing professionals and have meaningful opportunities to develop and practice their managerial skills and leadership abilities.

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The Business Of Hemp In North Carolina: Where The Rubber Meets The Road, Obed Quaicoe, Fafanyo Asiseh, Omoanghe S. Isikhuemhen May 2020

The Business Of Hemp In North Carolina: Where The Rubber Meets The Road, Obed Quaicoe, Fafanyo Asiseh, Omoanghe S. Isikhuemhen

Journal of Agricultural Hemp Research

Industrial hemp continues to receive a lot of attention in the United States of America with a projected annual revenue growth rate of 18.4 percent by 2022. The momentum industrial hemp has gathered in the past few years has made it the ‘new lucrative crop’ for people to grow. However, many farmers have jumped into hemp farming without first obtaining a realistic economic analysis of hemp farming. In this paper, we seek to review and explore the economic opportunities and challenges of hemp production as a useful guide for reducing risks and maintaining profitability for farmers in North Carolina. Our …

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American Indian Small To Medium-Sized Farms Profitability And Risk Related To Reservation Land Access, Ruby Ward May 2020

American Indian Small To Medium-Sized Farms Profitability And Risk Related To Reservation Land Access, Ruby Ward

Funded Research Records

No abstract provided.

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Effect Of Zelnate Administered As A Metaphylactic Upon Initial Processing Of High-Risk, Newly Received Beef Calves On Performance And Morbidity, Brady Martin May 2020

Effect Of Zelnate Administered As A Metaphylactic Upon Initial Processing Of High-Risk, Newly Received Beef Calves On Performance And Morbidity, Brady Martin

Animal Science Undergraduate Honors Theses

Bovine Respiratory Disease (BRD) is the most prominent and costly ailment in the stocker cattle industry today, and its prevalence has not been diminished in the last thirty years. Therefore, the objective of this study was to investigate the effects of Zelnate, a DNA immunostimulant, administered upon arrival to calves (n = 261; BW 253 ± 4.0 kg), on morbidity/mortality, performance and producer costs. Crossbred male beef calves were acquired and transported to the University of Arkansas stocker unit for a 42-d backgrounding period. Calves were allocated into treatment groups: 1) Zelnate, DNA immunostimulant administered or 2) Control, in which …

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Building Value Through Innovative Eucheuma Spp. Product Development: A Case Study With The Belize Women's Seaweed Farming Association, Bailey Moritz May 2020

Building Value Through Innovative Eucheuma Spp. Product Development: A Case Study With The Belize Women's Seaweed Farming Association, Bailey Moritz

All Theses And Dissertations

Seaweed aquaculture has been a successful supplemental livelihood in coastal communities worldwide, creating new income opportunities for women in particular. In most cases, raw or dried carrageenan-producing seaweed is sold into supply chains without local value addition taking place. Upgrading value chains can come in the form of new products, differentiation from existing products through marketing, or breaking into new markets. The research investigates the local market potential for value-added Belizean Eucheuma seaweed products and offers insights into a pathway forward for the Belize Women’s Seaweed Farming Association (BWSFA) to take advantage of these opportunities at an early stage of …

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The Economics Of On-Farm Rice Drying In Arkansas, Clayton Parker May 2020

The Economics Of On-Farm Rice Drying In Arkansas, Clayton Parker

Agricultural Economics and Agribusiness Undergraduate Honors Theses

Globally, rice producers are faced with the temporal problem of deciding the optimal time to being rice harvest. When harvested, paddy rice is typically at a moisture content (HMC) between 15 and 22%. Upon delivery, the rice is subsequently dried by the mill to a moisture content (MC) of 12.5%. Riceland Foods Inc., the largest miller of rice in the world, uses a stair-step pricing model to charge farmers to dry in price/unit as the MC of grain decreases from a range of +22% to 13.5%. This study estimates an alternative linear relationship in the stair-step model to determine MC …

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Asymmetric Exchange Rate Pass-Through In Southeast Asian Rice Trade, Taylor Wiseman May 2020

Asymmetric Exchange Rate Pass-Through In Southeast Asian Rice Trade, Taylor Wiseman

Graduate Theses and Dissertations

Asian countries consume approximately 90% of the world’s rice supply. Between 2007 and 2014, Thailand, Vietnam, and India accounted for 60% of the world’s exports of rice. This paper estimates the impact of exchange rate fluctuations on bilateral trade flows in Southeast Asia. Because most Southeast Asian countries have state trading enterprises or agencies controlling rice trade, this analysis will provide insight as to whether these agencies respond to exchange rate fluctuations in a manner consistent with economic theory. Behavior inconsistent with economic theory could provide evidence of stabilizing domestic prices, market power, or export expansion policies. The analysis focuses …

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Behavioral Weather Insurance: Applying Cumulative Prospect Theory To Agricultural Insurance Design Under Narrow Framing, Tobias Dalhaus, Barry J. Barnett, Robert Finger May 2020

Behavioral Weather Insurance: Applying Cumulative Prospect Theory To Agricultural Insurance Design Under Narrow Framing, Tobias Dalhaus, Barry J. Barnett, Robert Finger

Agricultural Economics Faculty Publications

Experience across many countries shows that, without large premium subsidies, crop insurance uptake rates are generally low. In this article, we propose to use the cumulative prospect theory to design weather insurance products for situations in which farmers frame insurance narrowly as a stand-alone investment. To this end, we introduce what we call "behavioral weather insurance" whereby insurance contract parameters are adjusted to correspond more closely with farmers' preferences. Depending on farmers' preferences, we find that a stochastic multiyear premium increases the prospect value of weather insurance, while a zero deductible design does not. We suggest that insurance contracts should …

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Evaluation Of The Arkansas Double Up Food Bucks Program, Colton G. Henderson May 2020

Evaluation Of The Arkansas Double Up Food Bucks Program, Colton G. Henderson

Graduate Theses and Dissertations

Fruit and vegetable consumption is particularly low in Arkansas with only a small percentage of residents meeting daily recommendations. Arkansas also has one of the highest percentages of food insecurity and obesity in the United States. Low-income households, such as Supplemental Nutrition Assistance Program (SNAP) recipients, are at a higher risk of these issues. Financial assistance programs have been implemented to help in aiding these problems. The Double Up Food Bucks program (DUFB) is one of these programs. DUFB provides matching financial vouchers for SNAP benefits recipients spend on fresh local produce at participating grocery stores and farmers’ markets. The …

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Use Of Acetolactate Synthase-Inhibiting Herbicides In Inzen Grain Sorghum (Sorghum Bicolor L. Moench Ssp. Bicolor), Hunter Bowman May 2020

Use Of Acetolactate Synthase-Inhibiting Herbicides In Inzen Grain Sorghum (Sorghum Bicolor L. Moench Ssp. Bicolor), Hunter Bowman

Graduate Theses and Dissertations

Grain sorghum is typically grown as a rotational crop in Arkansas because of its many benefits, one being the effective control of Palmer amaranth through the use of atrazine. However, limited options exist for postemergence (POST) control of weedy grasses within the crop. Inzen™ grain sorghum is the result of a nicosulfuron resistant weedy sorghum biotype cross-bred with a commercial line of grain sorghum. Inzen™ allows for safe use of over-the-top applications of nicosulfuron within the crop. Nicosulfuron is an acetolactate synthase (ALS)-inhibiting herbicide, which has historically been used in corn for control of weedy grasses. Experiments were conducted in …

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Alternative Production Practices And The Role Of Consumer Choice: Willingness-To-Pay Analyses, Amanda P. Wecker May 2020

Alternative Production Practices And The Role Of Consumer Choice: Willingness-To-Pay Analyses, Amanda P. Wecker

Graduate Theses/Dissertations

Production choice is often viewed as driven by the resources and methods known to the producers. However, recent discussions focus on the other factors leading to production choice such as consumer preference, measured by factors such as willingness to pay (Tait, Saunders, Guenther, and Rutherford, 2016). This study evaluates the role of diet preference and age in driving a consumer’s willingness to pay for food produced with specific method. The data analyzed are from the 2016 U.S. Lifestyles of Health and Sustainability (LOHAS) Consumer survey. A total of 1042 individuals were asked whether they were willing to pay 10% more …

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Optimal Calving Time For Beef Cows In Southwest Missouri, Briana Rose Verploeg May 2020

Optimal Calving Time For Beef Cows In Southwest Missouri, Briana Rose Verploeg

Graduate Theses/Dissertations

The purpose of this study is to determine if a optimal time of year exists for beef producers to have cows give birth in southwest Missouri for maximal net returns from calf sales and increased cow reproductive performance. To make this determination, data were collected which included year-round forage nutritive value, calf pre-weaning growth, cow energy efficiency and reproductive performance, and income and cost values. Cow and calf field data were gathered for the 2014-2018 production years at Missouri State University’s Leo Journagan Ranch. Monthly forage samples were collected from study cow pastures from 2016 through 2018. Calf, cull cow, …

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Producer Willingness To Pay For Enhanced Packaging To Prevent Postharvest Decay Of Strawberries, Brian Coffey, Valentina Trinetta, Londa Nwadike, Umut Yucel Apr 2020

Producer Willingness To Pay For Enhanced Packaging To Prevent Postharvest Decay Of Strawberries, Brian Coffey, Valentina Trinetta, Londa Nwadike, Umut Yucel

Journal of Applied Farm Economics

We surveyed specialty crop producers in Kansas and Missouri to determine producer willingness to pay for new active packaging technology that prevents postharvest loss and increases shelf life. The survey also asked demographic questions to determine the producer and operation traits for this growing segment of production agriculture. More than half of those surveyed were female, and 60% were under 50 years of age. Smaller operations tend to utilize direct marketing and social media activity more than larger operations. Parametric willingness to pay estimates are approximately $0.39 per cardboard flat to purchase the antifungal film that increases shelf life of …

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Financial Implications From Contracting Avian Influenza In A U.S. Broiler Operation, Jordan M. Shockley, Tyler Mark, Kenneth H. Burdine, Levi Russell Apr 2020

Financial Implications From Contracting Avian Influenza In A U.S. Broiler Operation, Jordan M. Shockley, Tyler Mark, Kenneth H. Burdine, Levi Russell

Journal of Applied Farm Economics

This essay evaluates the on-farm financial impacts of an avian influenza outbreak on a U.S. commercial broiler operation. It investigates how the timing and length of the outbreak impacts farm financial performance for two different farmers, beginning and experienced. Results indicate that a beginning farmer is more susceptible to significant financial losses. Both farmers are financially impacted more when avian influenza is contracted early in the investment and when the contamination and eradication of the virus was prolonged. Furthermore, this essay highlights the problems of using standard financial measures for analyzing disease outbreaks under production contract arrangements and presents alternative …

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Economic Impacts Of Food Fraud, Syed Imran Ali Meerza, Konstantinos Giannakas, Amalia Yiannaka Apr 2020

Economic Impacts Of Food Fraud, Syed Imran Ali Meerza, Konstantinos Giannakas, Amalia Yiannaka

Cornhusker Economics

When you order seafood at a restaurant, do you get what you pay for? Scientists from Oceana, a non-profit marine conservation organization, conducted one of the largest seafood fraud investigations on 1,215 samples from 674 outlets in 21 states of the United States (U.S.) over the period 2010 to 2012.They found that there is, on average, a 33% probability that you do not actually get what you pay for. The share of mislabeled food was (a quite remarkable) 74% for seafood sold in sushi restaurants and 18% of seafood sold in gro-cery stores with mislabeled “red snapper” and “tuna” accounting …

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Considerations For Crop Rotation From Alfalfa To Corn, Earl Creech, Matt Yost, Grant Cardon, Corey Ransom, Jason Clark Apr 2020

Considerations For Crop Rotation From Alfalfa To Corn, Earl Creech, Matt Yost, Grant Cardon, Corey Ransom, Jason Clark

All Current Publications

The importance of rotating out of a declining alfalfa stand is well established. As the alfalfa stand ages, forage yield and quality decline, while weed, insect, and disease pressures increase. Terminating the stand and growing one or more other crops for several (2–3) years allows a grower to press the reset button on a piece of ground. These years of growing another crop will result in more productive alfalfa when a new stand is planted again.

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Some Economic Implications Of The Covid-19 Pandemic In Nebraska, John C. Beghin Apr 2020

Some Economic Implications Of The Covid-19 Pandemic In Nebraska, John C. Beghin

Cornhusker Economics

It is now clear that the spread, mortality and morbidity impacts of the coronavirus pandemic are sizeable but extremely heterogeneous across multiple dimensions. Geography shows that places with lower human con-centrations (urban/rural divide) and away from main travel axes, such as major interstate highways and in-ternational airports, have a lower incidence of cases. Large urban centers with high human concentrations have been much disproportionally affected and with much higher mortality rates. Age and health status are equally important. Mortality increases dramatically for people 60 years old and older. People with comorbidi-ties (cardiovascular, obesity, diabetes, and others) are much more likely …

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On-Site And External Energy Harvesting In Underground Wireless, Usman Raza, Abdul Salam Apr 2020

On-Site And External Energy Harvesting In Underground Wireless, Usman Raza, Abdul Salam

Computer Information Technology Faculty Publications

Energy efficiency is vital for uninterrupted long-term operation of wireless underground communication nodes in the field of decision agriculture. In this paper, energy harvesting and wireless power transfer techniques are discussed with applications in underground wireless communications (UWC). Various external wireless power transfer techniques are explored. Moreover, key energy harvesting technologies are presented that utilize available energy sources in the field such as vibration, solar, and wind. In this regard, the Electromagnetic(EM)- and Magnetic Induction(MI)-based approaches are explained. Furthermore, the vibration-based energy harvesting models are reviewed as well. These energy harvesting approaches lead to design of an efficient wireless underground …

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Covid-19, Farm Survival And Decision Making, Cory Walters, Jessica Groskopf, Richard Preston Apr 2020

Covid-19, Farm Survival And Decision Making, Cory Walters, Jessica Groskopf, Richard Preston

Cornhusker Economics

COVID-19 is causing us to experience events that have always been possible, just not yet observed. For farmers these events may have a big negative financial impact, or they may not. The impact on each individual farm has to do with how that individual farm has prepared for rare financially devastating events. Preparing for unseen events represents a logical approach. We call this approach stress testing. Just because you have not seen an event, it does not mean it does not exist. Or said another way, absence of evidence is not evidence of absence. In this article, we discuss how …

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