Agricultural Economics Commons^™

Global-To-Local-To-Global Interactions And Climate Change, Uris Baldos, Maksym Chepeliev, Brian Cultice, Matthew Huber, Sisi Meng, Alex C. Ruane, Shellye Suttles, Dominique Van Der Mensbrugghe

Department of Agricultural Economics Faculty Publications

Climate change by its very nature epitomizes the necessity and usefulness of the global-to-local-to-global (GLG) paradigm. It is a global problem with the potential to affect local communities and ecosystems. Accumulation of local impacts and responses to climate change feeds back to regional and global systems creating feedback loops. Understanding these complex impacts and interactions is key to developing more resilient adaptation measures and designing more efficient mitigation policies. To this date, however, GLG interactions have not yet been an integrative part of the decision-support toolkit. The typical approach either traces the impacts of global action on the local level …

Corn Grain Marketing Strategy Unbiasing For 2023, Matthew Stockton, Shannon Sand

Cornhusker Economics

Discusses cognitive biasing errors that may be employed--in the context of corn market strategizing--such as the Dunning-Krueger effect, availability or distancing bias, gambler's fallacy, and anchoring bias.

The War In Ukraine, Food Security And The Role For Europe, Maksym Chepeliev, Maryla Maliszewska, Maria Filipa Seara E Pereira

Department of Agricultural Economics Faculty Publications

Food-security implications of the war in Ukraine are exacerbated by adverse weather events, spillover effects from the distortion of energy and fertiliser markets, and domestic policies that countries around the world have implemented in pursuit of food security. Estimates suggest that the cumulative effect of these channels in terms of restricting agricultural and food trade is in the order of over 10 times larger, and their cumulative effect on global food supply is on average three times more substantial than the direct agricultural supply disruptions in Ukraine. The latter, however, disproportionally impacts low-income countries that are particularly vulnerable to food …

Balancing Interests In Forest Governance In Brazil And Indonesia, Annabel Mccormick Baldy

Environment and Sustainability Honors Papers

Forests play a major role in reducing levels of Greenhouse gasses which are a major contributor to global warming. Conversely, deforestation is a major contributor to climate change. This study examines the concept of good forest governance, dispelling notions that resource use needs to be a zero-sum game. Rather, it identifies local collective agreements as espoused by Elinor Ostrom in Governing the Commons as the best means of balancing the undeniable economic potential of converting forests to other uses (grazing, farming, and mining) with the more sustainable approach of protecting forests for their environmental benefit. For Ostrom, these collective agreements …

Things To Consider Before Co-Signing A Loan, J. David Aiken

Cornhusker Economics

In the context of family farms, includes some general points to consider before you sign a loan guarantee for a family member who is heavily in debt.

Conclusion: Having to consider whether to co-sign a child's loan is a very difficult situation-no one wants to be part of losing part of the family farm or ranch to loan foreclosure. But if the loan guarantee isn't part of a financial turnaround plan that has at least a fighting chance of success, don't sign the guarantee unless you absolutely don't need the money for your own retirement.

Deficit Irrigation Management For Irrigated Corn In Nebraska: Economically Viable?, Lia Nogueira, Cory Walters, Emily O'Donnell, E. Wesley F. Peterson, Suat Irmak

Cornhusker Economics

In this study we determine the economic value of deficit irrigation management using both technological and methodological advancements. The use of soil moisture probes represents the technological improvement. We provide improvements in the methodology as follows. Regarding data, we employ a field-size study, instead of plots, where the irrigation decision is determined by the moisture level in the soil measured through a soil moisture probe. Regarding the understanding of the yield response to water, although we examine the commonly used quadratic function, we improve upon this specification by also examining an alternative response function, the linear response stochastic plateau. Our …

Leaf Area Index And Light Interception In African Violets (Streptocarpus Sect. Saintpaulia), Chintakunta Keerthi Reddy, Venkat Sai Chatla

Scholars Week

LEAF AREA INDEX AND LIGHT INTERCEPTION IN AFRICAN VIOLETS

(Streptocarpus sect. Saintpaulia)

ABSTRACT Chintakunta Keerthi Reddy, Venkat Sai Chatla Hutson School of Agriculture Mentor: Dr. Megan Taylor

African violets are a genus of six flowering plants from tropical eastern Africa, commonly known as Saintpaulias. They can thrive indoors in low light conditions and bloom all year round. They require less light than other blooming plants and can bloom during regular daylight hours in the US and Canada if given proper exposure. Several light intensities were used for the African violet (Streptocarpus sect. Saintpaulia) experiment, which showed a significant variation in …

Growing South Dakota (Spring 2023), College Of Agriculture, Food And Environmental Sciences

Growing South Dakota (Publication of the College of Agriculture, Food and Environmental Sciences)

[Page] 3 Developing Climate-Smart Beef and Bison Commodities
[Page] 5 Joseph Cassady Leads CAFES as New Dean
[Page] 7 Inaugural Class of Klingbeil Scholars
[Page] 9 Jackrabbits to Future Veterinarians
[Page] 11 Protecting South Dakota’s Grasslands
[Page] 13 Growing Youth Programs
[Page] 15 Partnerships for Positive Growth
[Page] 17 Building Highly Effective Boards
[Page] 19 SDSU Extension Podcasts
[Page] 21 Providing Good Food for All
[Page] 23 Improving Seed Varieties
[Page] 25 CAFES Endowed Positions
[Page] 29 Jackrabbits Now and Then

Regenerative Farming Practices: How Much Carbon Do They Sequester?, Andrew M. Havens

Department of Agricultural Economics: Dissertations, Theses, and Student Research

Along with the recent rise of voluntary carbon markets comes potential carbon credit producers seeking reliable information on how much carbon they can expect to sequester. In this thesis a distribution of expected sequestration outcomes is constructed using cost-benefit analysis and data gathered from agronomic experiments and land-grant university crop budgets for cover crops and no-till practices. The inverse cumulative distribution of carbon sequestration outcomes from adopting a regenerative agricultural practice is visualized and the net social benefit of paying farmers to produce carbon credits is estimated. Results show that on average there is between $29.02 and $37.20 of social …

Morphological And Physiological Responses Of A Halophyte (Atriplex Halimus) To The Effect Of Heavy Metal Case Of Cadmium, Abderrezzeq Chebout, Hana Souahi, Zahia Kadi, Rania Gacem

Journal of Bioresource Management

Today, cadmium (Cd) contamination challenges the environmental quality and food security. This experiment was realized to study the morphological and physiological response of the halophyte species Atriplex halimus L to cadmium toxicity by applying different concentrations of Cd (0, 500, 1000, 1500, 2000 ppm) on the plant A.halimus for two weeks after 60 days of seeding. The morphological parameters and physiological wish evaluated the stem length (SL), root length (RL), leaf area (LA), chlorophylls (a, b, t and carotenoids), and the relative water content (RWC). The results show a decrease in stem elongation, (11.333 ± 3.512 cm in Cd treatments …

Rearing Of Trilocha Varians (Lepidoptera: Bombycidae) On Ficus Benjamina And Its Parasitization With Trichogramma Chilonis, Hafiz Muhammad Sajid Ali, Amna Batool, Zeeshan Javed, Abdul Ghaffar, Usama Saleem, Mubshar Saleem, Muhammad Kashif, Sajid Abbas Khan, Muhammad Ramzan

Journal of Bioresource Management

Ficus benjamina commonly known as weeping fig is an ornamental that planted alongside the road to increase the aesthetic value. Leaf eating caterpillar, Trilocha varians was observed on Ficus benjamina and many other ornamental plants in the surrounding area of Muhammad Nawaz Shareef University. Large larval population was recorded on fig plants with 100 % defoliation. The rearing of Trilocha varians on F. benjamina was carried out under controlled conditions and parasitism of Trichogramma chilonis on eggs were checked. Incubation period was 5-6 days while single female laid 150-210 eggs in her whole life period. With five larval instars, duration …

Effects Of Fertilizers On Copper And Nickel Accumulation And Human Health Risk Assessment Of Vegetables And Food Crops, Kafeel Ahmad, Sana Rani, Zafar Iqbal Khan, Shahzad Akhtar, Asma Ashfaq, Iqra Anwar, Hafsa Memona, Aima Iram Batool, Muhammad Nadeem, Javed Shoukat, Ijaz Rasool Noorka, Shahzadi Mahpara, Mumtaz Akhtar, Muhammad Ameer Hamza, Ilker Ugulu, Hamid Raza, Iram Saba, Abrar Hussain, Shamayem Aslam, Mobeen Fatima, Muhammad Umer Farooq Awan, Anum Bashir

Journal of Bioresource Management

Despite the fact that fertilizers have been used for millennia for sustainable crop production, this high and considerable dependence on fertilizers heightens environmental concerns with the indirect human exposure due to accumulation of toxins in food chain via soil contamination. The purpose of this study is to evaluate the application of fertilizers to the soil and their effect on the accumulation of copper and nickel in spinach (Spinacia oleracea), garlic (Allium sativum), wheat (Triticum aestivum), maize (Zea mays), and barley (Hordeum vulgare); as well as potential health concerns associated with …

2023 Nebraska Women In Agriculture Conference, Jessica Groskopf, Katie Hothem

Cornhusker Economics

Includes a recap of the 38th Nebraska Women in Agriculture Conference held in February 2023 in Kearney, Nebraska.

Carbon Farming: A Preliminary Economic Analysis Of Carbon Credits For No-Till And Cover Crops, Drew Havens, Richard K. Perrin, Lilyan E. Fulginiti

Cornhusker Economics

Summary Based on experimental data about the amount of carbon sequestered and estimated implementation costs, our preliminary results show that the average cost of sequestering carbon via no-till (about $22 per ton of CO₂e) appears to be much lower than the $51 per ton social value of sequestering that ton. In contrast, our preliminary results show that the average costs of sequestration via adoption of cover crops is much higher, about $60 per ton. Depending on how accurate soil carbon models are in predicting sequestration on individual fields to qualify them for enrollment, reimbursement costs for planting cover …

Nebraska Farmland Values And Cash Rental Rates In 2023, Jim Jansen, Jeffrey Stokes

Cornhusker Economics

The market value of agricultural land in Nebraska increased by 14% over the prior year to an average of US $3,835 per acre, according to the 2023 Nebraska Farm Real Estate Market Survey. This marks the second-largest increase in the market value of agricultural land in Nebraska since 2014 and the highest non-inflation-adjusted state-wide land value in the 45-year history of the survey.

The University of Nebraska-Lincoln’s Department of Agricultural Economics annually surveys land industry professionals across Nebraska, including appraisers, farm and ranch managers, agricultural bankers, and related industry professionals. Results from the survey are divided by land class and …

2023 Ag Law Legislative Update, J. David Aiken

Cornhusker Economics

Covers agricultural law legislation in the Nebraska Unicameral in 2023, including LB 401 (Nebraska mesonet system funding), LB 591 (farmland leases), and LB 662 (livestock nuisance lawsuits).

The Center For Agricultural Profitability Contributes To Collaborative Adaptive Management Project At The Barta Brothers Ranch, Jay Parsons, Mitchell B. Stephenson, Kyle Martens

Cornhusker Economics

In 2020, the University of Nebraska's Barta Brothers Ranch (BBR) launched a collaborative adaptive management (CAM) project to address risks and uncertainties related to grassland management in the Sandhills. The project brings together UNL faculty engaged in research, extension and teaching across multiple disciples, departments and geographic locations. All three Institute of Agriculture and Natural Resources (IANR) District Research, Extension, and Education Centers are involved the project (Eastern Nebraska, Panhandle, and West Central) along with three East Campus based centers: the Center for Grassland Studies, the Center for Resilience in Agricultural Working Landscapes, and the Center for Agricultural Profitability housed …

Consumer Taste Beliefs Impact Organic Specialty Baked Good Pricing, Tatiana Drugova, Kynda R. Curtis

All Current Publications

In this fact sheet, we discuss how consumer taste beliefs related to organic specialty baked goods differ from their taste beliefs for conventional specialty baked goods, and whether this difference affects the amount consumers are willing to pay for organic-labeled specialty baked goods. In other words, we examine how an organic label on baked goods affects taste perceptions and willingness to pay (WTP). Further, we examine whether providing information about organic labeling standards changes consumer taste beliefs and impacts WTP for organic baked goods. Finally, we examine the impact of providing taste information to mimic scenarios where respondents know the …

Which Factors Influence Consumer Organic Specialty Bakery Product Taste Ratings?, Tatiana Drugova, Kynda R. Curtis

All Current Publications

In this fact sheet, we compare consumer taste ratings for organic and conventional specialty bakery products and analyze what factors explain the differences. These products are typically consumed for pleasure and are more expensive than mainstream baked goods. However, consumers have high quality expectations, including taste, which may be an issue if not satisfactory. Understanding factors that impact consumer taste rating for organic specialty bakery products can help identify what might be done to improve taste perceptions/expectations and the success of organic specialty bakery/pastry products.

Who Values Organic Specialty Bakery Products?, Tatiana Drugova, Kynda R. Curtis

All Current Publications

In this fact sheet, we examine differences in socio-demographics and lifestyle choices between those who view organic as important when purchasing specialty bakery products and those who don’t, with the aim to identify a target market of consumers who prefer organic specialty bakery products. Additionally, we evaluate other important product attributes to consumers seeking organic specialty bakery products. Consumer taste ratings for organic and conventional specialty bakery products are compared for those who value organics and those who don’t to evaluate the impact of taste beliefs on consumer demand for organic specialty bakery products.

Data On Data: An Analysis Of Data Usage And Analytics In The Agricultural Supply Chain, Lourival Carmo Monaco Neto, Brady Brewer, Allan Gray

Department of Agricultural Economics Faculty Publications

The amount of data being collected throughout the agricultural supply chain has increased in both volume and velocity. All signs indicate that this will only increase as data collection technologies become more cost effective and prevalent throughout the supply chain. Previous work in this area has focused on data collection at the farm level. Our study focuses on data that originates at five different stages of the agricultural supply chain off the farm and how these stages view their firm's data collection and analysis efforts. We find that there is heterogeneity in the data collection efforts and analysis across the …

The Trade Impact Of Economic Integration Agreements, Byungyul Park, John C. Beghin

Cornhusker Economics

A year ago, Cornhusker Economics reported on the substantial trade integration that has been taking place globally in recent decades (see Beghin, 2022). With this proliferation of Economic Integration Agreements (EIAs) through regional and bilateral trade agreements and customs unions since the 1990s, many economists have investigated the effect of these agreements on merchandise trade. Early investigations struggled to find robust findings. They reached two opposite conclusions, with an eventual rejoinder on their limitations. Some investigations found statistically insignificant or negligible effects of EIAs on trade flows. Other investigations found significant effects, sometimes negative, of EIAs on trade. See Park …

Workforce Trends To Watch In 2023, Cheryl A. Burkhart-Kriesel

Cornhusker Economics

The rise of quiet quitters, digital nomads, and shaky employee trust are some of the major workforce trends that need watching in 2023, according to a recent article published by the Harvard Business School. Coupled with an uncertain economy and a tight labor market, business owners can view these potential trends as either challenges that pull their business down or opportunities that offer a competitive advantage. To leverage these toward business growth and increased productivity, it takes an understanding of how these trends emerged and how they could be an asset in an ever-changing business environment.

Covers: quiet quitters, digital …

Incentive Mechanisms To Exploit Intraseasonal Price Arbitrage Opportunities For Smallholder Farmers: Experimental Evidence From Malawi, Tabitha Nindi, Jacob Ricker-Gilbert, Jonathan Bauchet

Department of Agricultural Economics Faculty Publications

Seasonal commodity price fluctuations can potentially offer farmers arbitrage opportunities to increase their income. However, smallholder farmers in most of sub-Saharan Africa often do not exploit these opportunities to the fullest extent possible. To inform this issue, we conducted a randomized controlled trial among 1739 smallholder farmers in Malawi to estimate the impact of two key post-harvest constraints, lack of appropriate storage technology and commitment issues, on farmers' legume storage and sales decisions. The treated groups received (i) an improved storage technology in the form of two hermetic (airtight) bags, (ii) the same improved storage technology under the condition that …

Rising Interest Rates: What They Mean For You And The Economy, Timothy Meyer

Cornhusker Economics

Discusses rising interest rates what they mean for agricultural workers and the economy.

2023 Nebraska Crop Production Budgets Higher Costs And Risks, Glennis Mcmclure

Cornhusker Economics

The Nebraska crop budgets are available for the 2023 production season. The 84 budgets indicate cost of production increases. Estimated average economic or total costs per bushel for 2023 corn production are expected to be at least 23% to 25% greater than last year. Soybeans are estimated to be 13% to 19% more in economic costs per bushel, with wheat production costs having jumped over 20% compared to last year and running as high as 63% higher over the last two years combined. Cost scenarios for individual producers can vary based on their timing of input purchases and price variabilities.

Quantifying Wheat Blast Disease Induced Yield And Production Losses Of Wheat: A Quasi-Natural Experiment, Khondoker Abdul Mottaleb, David P. Hodson, Timothy J. Krupnik, Kai Sonder

Agricultural Economics and Agribusiness Faculty Publications and Presentations

Applying the difference-in-difference (DID) estimation procedure, this study quantifies the wheat blast (Magnaporthe oryzae pathotype Triticum) induced losses in wheat yield, quantity of wheat sold, consumed, or stored, as well as wheat grain value in Bangladesh in 2016 following a disease outbreak that affected over 15,000 ha. Estimates show that the blast-induced yield loss was 540 kg ha⁻¹ on average for households in blast-affected districts. Estimated total wheat production loss was approximately 8,205 tons worth USD 2.1 million in during the 2016 outbreak. Based on these insights, we discuss the need for long-term assured investment and concerted research …

Wayne E. Sabbe Arkansas Soil Fertility Studies 2022, Nathan A. Slaton, Mike Daniels

Arkansas Agricultural Experiment Station Research Series

Rapid technological changes in crop management and production require that the research efforts be presented in an expeditious manner. The contributions of soil fertility and fertilizers are major production factors in all Arkansas crops. The studies described within will allow producers to compare their practices with the university’s research efforts. Additionally, soil-test data and fertilizer sales are presented to allow comparisons among years, crops, and other areas within Arkansas.

Potassium Fertilizer Rate Recommendations: Does Accounting For Soil Stock Of Potassium Matter?, Kimberly B. Oliver, Michael P. Popp, Di Fang, John D. Anderson, Nathan A. Slaton, Gerson L. Drescher, Trenton L. Roberts, Jada Thompson

Agricultural Economics and Agribusiness Faculty Publications and Presentations

Profitability, yield, and fertilizer use are compared across three different potassium (K) fertilizer rate recommendation ideologies. Existing agronomic, “build and maintain” rate recommendations (KE) are compared to profit-maximizing rates with and without taking long-run soil-test K (STK) implications into account. Regardless of starting STK, K use equilibrated over the course of 3 years irrespective of ideology. Since taking long-run STK into account did not alter ending STK and only led to a miniscule yield effect, we encourage producers to use annual profit-maximizing K rates that were 3–11% lower than KE rates and generated more profit with minimal yield loss.

Estimating The Demand For Groundwater: A Second-Stage Hedonic Land Price Analysis For The Lower Mississippi River Alluvial Plain, Arkansas, Kent Kovacs, Sheby Rider

Agricultural Economics and Agribusiness Faculty Publications and Presentations

We estimate the benefits of the saturated thickness (water-bearing porous material) of the alluvial aquifer in Arkansas through an application of the hedonic price model to the sale of agricultural land. There is evidence from the first-stage analysis of diminishing returns from increasing saturated thickness. Using a survey of farmer operators’ preferences and socioeconomic characteristics, we recover the underlying demand function for saturated thickness in a second-stage analysis. Shifts in the demand function reveal that produced/social capital can be a substitute or a complement to saturated thickness, and human capital is a substitute for saturated thickness.